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Bell to acquire Nexxlink Technologies

Bell Canada today announced plans to purchase all of the outstanding shares of Montreal-based Nexxlink in an equity...


December 9, 2004  


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Bell Canada today announced plans to purchase all of the outstanding shares of Montreal-based Nexxlink in an equity deal valued at $67 million.

Bell will acquire Nexxlink’s expertise in business operation automation software, outsourcing solutions, consulting and technical services, and
infrastructure solutions.

Closing of the transaction is expected to occur in February.

“We are delighted with this transaction for our company’s shareholders, employees, customers and business partners alike,” said Karol Brassard, Nexxlink’s executive chairman of the board.

"This is a great opportunity to take our IT business to the next level and create new opportunities to better serve SMB customers.”