GTT Acquires Access Point in $40M Deal

GTT Acquires Access Point in $40M Deal Image Credit: YuktaLavannya/Thefastmode.com

GTT Communications, the leading cloud networking provider to multinational clients, announced the acquisition of Access Point in a $40 million deal.

Headquartered in Cary, North Carolina, Access Point is a provider of communication services, offering from traditional voice to advanced communications services.

Access Point contributes to GTT:

 - A growing roster of strategic U.S. enterprise clients, deepening GTT’s presence in key verticals such as retail, manufacturing and energy, with significant upsell opportunities.

 - Complementary managed broadband, internet and voice capabilities to reinforce GTT’s market leadership in cloud networking

 - New partner relationships in the indirect channel, complementing GTT’s expanding presence in the channel marketplace

 - A track record of serving clients with highly responsive support, aligning with GTT’s core values of simplicity, speed and agility.

Rick Calder, President and CEO, GTT
We expect a rapid integration as we work with our new clients to deliver on our purpose of connecting people across organizations, around the world and to every application in the cloud.

Richard Brown, CEO, Access Point
With GTT, Access Point customers now have access to one of the industry’s largest Tier 1 global IP networks and a broad portfolio of cloud networking services backed by a commitment to providing outstanding service that mirrors our own.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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