1. Business

Bright House Networks acquires Tampa-based Telovations

Published Nov. 28, 2012

Bright House Networks on Tuesday said it has signed an agreement to acquire Telovations, a Tampa-based cloud communications provider. Bright House said the acquisition will help the cable, phone and Internet provider to better serve customers with cloud-based services by eliminating the need for small- and medium-sized businesses to own, manage and service their phone equipment. Telovations' 40 employees in Tampa and Raleigh, N.C., are expected to transfer to Bright House. The transaction is expected to close within 60 days, pending regulatory approvals. Terms of the deal were not released.