GRAND RAPIDS – In an exciting move, US Signal Company is set to acquire OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC from Telephone and Data Systems (TDS). TDS provides top-notch wireless, broadband, video, and voice hosted, and managed services to U.S. businesses.

Moreover, the acquisition of OneNeck by US Signal is expected to be finalized by the third quarter of 2024, pending standard closing conditions. Although the financial details remain under wraps, this acquisition promises to significantly boost US Signal’s data center capabilities and nationwide reach.

Will this acquisition solidify US Signal’s dominance in the data center industry? Find out more about US Signal Acquiring OneNeck to expand its Data Center Network

1. What Are These Tech Companies?

I. OneNeck IT Solutions:

  • Location: Madison, Wisconsin
  • What They Do: OneNeck provides secure and flexible IT solutions and has data centers in six states across the West and Midwest.
  • Customers: They help over 1,000 customers in 45 states, including banks, schools, engineers, food companies, government offices, hospitals, manufacturers, and retail stores.

II. US Signal:

  • Location: Grand Rapids, Michigan
  • What They Do: US Signal offers a range of services including data centers, internet connectivity, cloud hosting, colocation, data protection, and disaster recovery.
  • Customers: They serve both regional businesses and large national telecom companies. Additionally, US Signal operates a 9,500-mile fiber network and has nine data centers in Michigan, Illinois, Indiana, and Wisconsin.

2. Key Benefits: US Signal Acquiring OneNeck

  • More Data Centers: Firstly, US Signal will increase its number of data centers from 9 to 15, making them much larger in terms of space.
  • New Locations: Additionally, US  Signal will now have data centers in new cities like Phoenix, Arizona; Denver, Colorado; and Bend, Oregon.
  • Extended Fiber Network: Moreover, adding markets in Madison, Wisconsin; Minneapolis, Minnesota; and Des Moines, Iowa will expand US Signal’s fiber network.
  • Increase Power Capacity: Furthermore, US Signal will manage more than three times the amount of commercial power, allowing them to handle more data and provide better services.

3. Why OneNeck Acquisition Is An Important Step For US Signal?

  • Better Services: With more data centers and greater capacity, US Signal can offer faster and more reliable services to its customers.
  • Customer Focus: Both companies share a strong commitment to excellent customer service, meaning they will work together to provide even better support to their clients.

4. US Signal Acquiring OneNeck: CEO’s Comments

Daniel Watts, CEO of US Signal:

“We were attracted to OneNeck for a host of reasons, with our shared culture of customer service excellence at the top of the list. Moreover, OneNeck is also a product innovator with deep knowledge of numerous industries. Together, we will provide our customers with greater scale and technical capabilities.”

Michael Ryder, US Signal Board Chair and Co-head of Igneo in North America:

“We see tremendous growth opportunities ahead for US Signal in the critical digital infrastructure sector. Furthermore, this acquisition is an important step toward fulfilling the company’s expansion plans in the U.S. middle market,” said Michael Ryder, US Signal board chair.

5. What Does The CEO Of OneNeck Say About The Acquisition?

Ted Wiessing, CEO of OneNeck:

“US Signal is known for putting customers first and meeting their evolving needs. OneNeck’s customers will benefit greatly from our combined expertise and US Signal’s dedication to growth.”

6. Advisors:

Mayer Brown advised US Signal. DC Advisory served as its financial advisor. TD Securities advised TDS as its sole financial advisor.

Last Words:

US Signal acquiring OneNeck means they will have more data centers and more power, allowing them to provide better services to more customers across the country. This is a significant step in their plan to grow and improve in the digital infrastructure market.

FAQs for US Signal’s Acquisition of OneNeck:

1. What benefits will US Signal’s customers see from this acquisition?

Firstly, US Signal’s customers will benefit from increased scale and technical capabilities. Moreover, the combined company will have a broader network, more data center options, and the expertise of both US Signal and OneNeck.

2. What industries will this acquisition benefit the most?

Primarily, this acquisition is expected to benefit a wide range of industries already served by both companies. These include banking, education, healthcare, government, and manufacturing.

3. What does this acquisition mean for OneNeck’s customers?

OneNeck’s customers can expect to benefit from US Signal’s commitment to excellent customer service and investment in growth. The combined company will offer a wider range of services and a larger data center network.

Stay tuned at MITechnews.com for more updates on this significant industry development!