Granite Expands POTS Replacement Solutions by Acquiring Industry Leader EPIK
Granite Telecommunications LLC, a $1.65 billion provider of communication products and services to multilocation businesses and government agencies, today announced the acquisition of leading POTS replacement device manufacturer OBSM, LLC, d/b/a EPIK. The acquisition enables seamless solutions for entities seeking simplicity, consistency, reliability and savings for alarms, elevators, point-of-sale, voice and other business-critical specialty lines that rely on legacy TDM landlines.
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As incumbent carriers continue to reduce support for TDM networks, demand has grown for a reliable, low-cost alternative suitable for critical specialty lines. Until recently, IP replacement products fell short of satisfying performance metrics, including dependable, secure technology to transmit emergency signals over wireless or alternative wireline networks, the expertise to install it across diverse applications and a national footprint, and the ability to manage the entire solution. Granite can now comprehensively address those needs.
According to Granite Presidentand Chief Executive Officer Rob Hale, "Businesses are looking for an easy, cost-effective, single-source POTS replacement to improve reliability, enable consistency across geographies and capture savings. By combining Granite's one-stop network installation, service and support with EPIK's patented technology, we can offer customers a technologically robust solution with turnkey implementation and complete management. We're thrilled to have the EPIK team join us."
EPIK was one of the first to launch a wireless POTS solution and has since become a recognized technology leader in this space.
"We're excited to become part of the Granite team and see real customer value in combining our breakthrough, patented EPIK technology with Granite's proven leadership in delivery of TDM alternatives, execution of complex installations and excellence in customer service," said Steve Olsen, President of EPIK.
"With Granite's size and backing, we can deliver the optimal technical solution to businesses stuck on inefficient legacy networks - the future is now," said Kevan Moshayedi, EPIK's Founder and Chief Technology Officer.
With the acquisition EPIK, the Granite array of POTS alternative solutions offers:
Autonomous Operations of Global Edge Facilities
From Managing Resources to Managing Performance
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