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Speakeasy SOLD


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#1 Andrax

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Posted 28 March 2007 - 07:25 AM

Best Buy said on Tuesday it would buy Speakeasy, an independent broadband voice, data and IT services provider, for about $97 million to strengthen its small business technology portfolio.

Best Buy, the top U.S. consumer electronics retail chain, expects to close the acquisition in the first quarter of fiscal 2008 and said the deal should not affect fiscal 2008 earnings.

Speakeasy will operate as a wholly-owned subsidiary of Best Buy and deliver its services through the Best Buy For Business unit, which serves small businesses.

Best Buy said the purchase price represents about 1.2 times Speakeasy's calendar 2006 revenue of $80 million.

Full article at ZDNet

#2 Mike

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Posted 28 March 2007 - 10:22 AM

So Geek Squad will customize the computer and SpeakEasy will hand you the RJ45 to plug into the PC? Who will enter the IP? :devil:
In 1887, Iolani Palace was wired with electricity and telephone service-before Buckingham Palace and the White House.
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#3 popeyecu

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Posted 28 March 2007 - 02:48 PM

Mike: LOL! :devil:
I love the copper. I love the aluminum. I love metal and silicon working together for the betterment of computing.


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#4 Fenric

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Posted 29 March 2007 - 08:07 AM

So Geek Squad will customize the computer and SpeakEasy will hand you the RJ45 to plug into the PC? Who will enter the IP? :devil:


:lol:
Not to just one-line it, but that is pretty funny.
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#5 RogueTrooper

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Posted 29 March 2007 - 04:52 PM

So Geek Squad will customize the computer and SpeakEasy will hand you the RJ45 to plug into the PC? Who will enter the IP? :devil:

:lol:
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