Digital Utilities Ventures to acquire Jamaica Network Access Point
Sep 30, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Digital Utilities Ventures, Inc., a US-based intellectual property company and technology incubator, has signed an agreement to acquire Jamaica Network Access Point, Ltd. (JNAP), a communication service company engaged in all aspects of network, communications and service support activities.
Pursuant to the transaction, JNAP will operate as a wholly-owned subsidiary of Digital Utilities Ventures.
Deal Type Acquisition
Sub-Category 100% Acquisition
Deal Status Announced: 2009-09-29
Target (Company) Jamaica Network Access Point, Ltd.
Acquirer (Company) Digital Utilities Ventures, Inc.
The acquisition allows Digital Utilities Ventures to strengthen its product offerings and to expand its network for technical support and integrated communications services.
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