NetworkNewsBreaks – Digerati Technologies, Inc. (DTGI) to Acquire Leading Cloud Communication and Broadband Solutions Provider Nexogy, Inc.
Digerati Technologies (OTCQB: DTGI), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the business market, today announced its entry into a definitive agreement to acquire Nexogy, Inc., a leading provider of cloud communication and broadband solutions tailored for businesses. According to the update, the combination of Digerati’s operating subsidiary, T3 Communications, Inc. (“T3”) and Nexogy generated $12.7 million in annual revenue on a trailing twelve months (“TTM”) pro forma basis, while the consolidation of telecommunications infrastructure and integration of cloud PBX platforms and back-office systems is expected to produce cost savings and EBITDA…







