Englewood, Colorado – (The Hosting News) – August 11, 2006 – Co-location, web hosting, and managed services provider of hosted voice, data and Internet solutions, BroadRiver Communication Corp., has acquired iVidia Solutions, a converged solutions provider of on-demand, messaging, communications and collaboration services for enterprise businesses.
Gregory P. McGraw, iVidia’s Founder and Chief Executive Officer, will assume the new role as President and CEO of BroadRiver Communication Corp. and its parent company. Mr. McGraw was also named to the Board of Directors of BroadRiver. Financial terms of the transaction were not disclosed. While serving as CEO of Cypress Communications, Mr. McGraw led the company’s 9,148 percent average increase in sales revenue growth from 2001 to 2004, earning him recognition as one of the top entrepreneurs in Atlanta and Cypress as one of the Top 100 Best Performing Public Companies in Georgia.
McGraw plans to apply strategies for customer service and business growth to BroadRiver’s expansion efforts, looking to expand the company’s service footprint throughout the Southeast and beyond. One of the first initiatives Mr. McGraw will oversee is the offering of various converged services bundles for small to medium-sized businesses (SMBs). Mr. McGraw’s strategy includes offering Ultimate Office, a new converged services bundle that includes an IP phone, Internet, hosted Microsoft Exchange e-mail and IP fax for one low, bundled price per seat.
Mr. McGraw believes this strategy will help BroadRiver better serve its customer base, while improving the company’s competitive advantage in the marketplace stating, ”BroadRiver customers will benefit significantly from the iVidia acquisition. BroadRiver will be greatly expanding the range of services it offers to customers, providing small businesses with all the secure services they need to run their businesses more efficiently and profitably. We’re excited to be able to present customers with the most extensive offering of hosted bundled services on the market today, all at a fixed price that is easy for them to manage.”
Alan I. Oken, Chairman of BroadRiver added, ”We are fortunate to have Greg McGraw join the leadership team of BroadRiver,” says “Greg has a strong track record for delivering customers with the affordable communication solutions they need the most to help them grow their businesses. He will no doubt help to grow the organization aggressively throughout the Southeast and other major markets.”
BroadRiver currently manages all operations out of its Atlanta headquarters, but has immediate plans to expand its presence in Tennessee and Florida. The company currently has the capability to serve customers across 48 states with its managed hosting offerings, providing attractive alternatives for organizations with distributed and mobile workforces. About BroadRiver BroadRiver Communication Corporation is an Atlanta-based managed service provider delivering customized communication solutions to businesses using converged IP voice and managed data services. BroadRiver’s managed solutions are packaged in simplified bundles so that costs are predictable with one bill and one number to call for support. BroadRiver manages its end-to-end Cisco-based network, delivering high quality managed VoIP, local and long distance voice, dynamic broadband Internet, IP fax-to-email, hosted exchange email, IP phones, VPN, co-location, web hosting, data storage, managed blade servers, and firewalls.
To learn more, please visit: www.broadriver.com.