Hargray Communications, a provider of Internet, television and communications services, today entered into an agreement to purchase iTech, a managed IT services company based in Savannah, Georgia, for an undisclosed sum. This acquisition is a perfect fit as Hargray began investing millions of dollars in the construction of a fiber network in downtown Savannah just last year.
"Acquiring iTech will enable us to expand the set of business communications and IT services we bring to our customers not only in Savannah but also in South Carolina," said Andrew Rein, vice president of Sales and Marketing for Hargray, in a statement. "These products include managed IT services, data storage and backup, IP telephony and unified communications, and hosted services."
"Further, Hargray is uniquely positioned in the market with local technical support, customer care, and account executive personnel, which allows for faster response times, the highest level of reliability, custom engineering solutions, and on-site operational system design," Rein added.
Indeed, Hargray is looking to offer a full suite of managed services in Savannah, leveraging the acquisition of iTech and its team. Currently, Hargray offers a portfolio of advanced communications products which includes symmetrical advanced high speed internet capable of providing speeds up to one gigabit per second, metro Ethernet and high definition video.
The acquisition deal is due to close on January 31.
In March of last year, Hargray Communications acquired two cable systems owned by Shenandoah Telecommunications Company (Shentel (News - Alert)), which were serving the residents of Bluffton's Westbury Park neighbourhood, South Carolina, and a community in Pooler, Georgia. The conversion of Shentel's customers onto Hargray's network was completed over the summer, affecting about 200 subscribers in each neighbourhood.
In April, the company acquired Charter Communications' cable system in Beaufort, South Carolina, affecting all of Charter's customers, about 7,000 in total, in the city.
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