Vancouver-based Uniserve Communications Corporation announced today that it has entered into an agreement to with an affiliate of Integrated BroadBand Services (IBBS) whereby IBBS will acquire all of the outstanding shares of their wholly-owned subsidiary Parasun Technologies for US$20 Million.
Parasun enables cable operators in the US and Canada to sell high-speed Internet services to their customers. Parasun was acquired sixteen months ago by Uniserve in May of 2007 for US$12.5 Million. Uniserve shareholders rejoiced as its share price gained 38% today off it's 52 week low yesterday.
Parasun provides a turnkey solution that enables small to mid-sized cable operators and utilities to offer high-speed Internet access to their... [more]
Uniserve is one of Canada’s largest dedicated Internet communications companies, serving customers from coast to coast. As a result of continued... [more]
