Archive for September 8th, 2009

TenBu uses Bluetooth to prevent theft, forgetfulness

Portable devices, including cell phones and laptops, are great until their portability makes them ripe for theft or accidental disappearance. To help forgetful – or paranoid – device owners, British company TenBu today unveiled a Bluetooth-powered personal alarm system to ensure no device goes missing. more

Windstream acquires tiny telco

Windstream Communications (NYSE:WIN) continues to nibble away at the RLEC market. Today the company bought Lexcom, a tiny triple-play provider in Lexington, North Carolina, whose 23,000-access-line network is contiguous with Windstream’s own.

Windstream is paying $141 million in cash. According to Stifel Nicolaus, the price is 3.2 times Lexcom’s 2008 revenue, nearly six times its EBITDA before synergies and nearly five times its EBITDA after synergies.

Windstream is in need of some larger M&A than this. more

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