Oak Hill Sees a Deal While Cloud Watching
May 31, 2011- Share:
Oak Hill Capital Partners has agreed to acquire Intermedia.net. Intermedia provides cloud services, such as hosted Microsoft Exchange email, VoIP telephony, instant messaging and file management, to small and mid-sized businesses. As part of the deal, Phil Koen will join the company as chairman and CEO. Mr. Koen has previously served as the CEO of Savvis.
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