Glow Networks Acquires the Assets of Tri-MC Enterprises to Expand Portfolio of Services
Fast growing network services and solution provider will integrate Tri-MC’s services to its portfolio to offer a full range of power and grounding services to the telecommunications industry.
Richardson, Texas (PRWEB) August 21, 2006 -- Glow Networks (www.glownetworks.com), a research, consultancy and engineering firm providing end-to-end network services and solutions for the telecom market, has acquired the assets of Tri-MC Enterprises, Inc. a provider of telecommunications Engineer, Furnish & Install (EF&I) services.
Following the acquisition, Glow Networks will integrate Tri-MC’s services to expand its portfolio and provide a full range of power and grounding services to the telecommunications industry.
"We are pleased to acquire a service portfolio that will complement our own comprehensive range of services. Our customers in the telecommunication sector will benefit immensely by being able to work with a company that can truly provide end-to-end solutions," says Dr. Jay Srinivasan, President of Glow Networks. "The competencies and experience that Tri-MC brings to our company will not only add significant value to our customers but also reinforce our position as one of the top service providers in our domain."
Glow Networks, is on a rapid growth path, having recorded over 300% growth in the last three years. The company was ranked amongst the Top 50 fastest growing technology companies in the Dallas-Fort Worth area based on percentage revenue growth over five years (2001 to 2005), by Metroplex Technology Business Council (MTBC). The company has been extremely successful in growing its customer base as well as fostering relationships with existing clients that include telecom industry giants like Nortel Networks, Alcatel and Motorola.
"We are constantly striving to maintain or improve on our impressive growth by enhancing our service offerings. The acquisition of Tri-MC is another step in our objective to help clients save or make money with better and more efficient technologies and services," says Greg Wrobel, General Manager, Business Development, Glow Networks.
Larry McDonald, President of Tri-MC, will work closely with the Glow Networks’ senior management team to ensure a smooth transition and integration of Tri-MC into the services division of Glow Networks.
"I am glad that Tri-MC will now be part of a proven results-oriented and customer-focused organization like Glow Networks. In about six years, we have established ourselves as a quality EF&I service provider and it is most rewarding to find ourselves contributing to a larger value chain," says Larry.
Media Inquiries
Dev Sridharan
Tel: 972 699 1994
Business Inquiries
Dan Bujold
Tel: 972 699 1994
About Glow Networks
Founded in 1999, Glow Networks (www.glownetworks.com) is a privately-held, Minority Business Enterprise headquartered in Richardson, Texas. Exclusively focused on networks and the core ingredients that are essential to network performance, the company provides end-to-end research, consultancy and engineering services with the aim of improving operational and financial performance of network technologies. With a team of over 160 engineers & consultants, the company caters to the entire lifecycle of networks from analysis to design, deployment, optimization and management. The TL 9000- and ISO 9001- certified company is a preferred supplier to many of the leading telecom equipment vendors. Glow Networks is the recipient of the "Diversity Supplier of the Year" award from Nortel and a nomination for the "Minority Business Enterprise of the Year – Class II" award from Alcatel for 2005. The company was also listed amongst the Top 50 companies in the Dallas-Fort Worth area based on annual revenues in 2005 by the Dallas Morning News. Glow Networks was also ranked amongst the Top 50 fastest growing technology companies in the Dallas-Fort Worth area based on percentage revenue growth over five years (2001 to 2005), as announced by MTBC.
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