Midco introduced Thursday it had acquired InvisiMax, which serves greater than four,000 clients within the Fargo and Grand Forks areas, in accordance with a information launch.
“We need to assist clear up the digital divide in rural America, and this acquisition is a price efficient
approach for us to take action,” stated Steve Grosser, government vice chairman and chief monetary officer for Midco. “We’ve the chance to study a brand new know-how platform from a talented group of staff and see the place we will take it sooner or later.”
Based in 1996 in Hallock, Minn., InvisiMax has 19 staff who might be provided jobs with the Midco group, Midco spokeswoman Paige Pearson Meyer stated. Operations will proceed at Warren, InvisiMax CEO Dave Giles wrote in an e mail to the Herald.
“Midco is the most effective firm that we might have hoped to promote our belongings to,” Giles stated, including he has been requested to hitch Midco’s management. “Greatest for our buyer base, greatest for our staff, InvisiMax has an excellent community for Midco to get in to the fastened wi-fi broadband business.”
InvisiMax offered providers to about seventy five cities in northeast North Dakota and northwest Minnesota. The corporate despatched a letter to clients Thursday informing them of the merger.
Midco supplies providers in 342 communities in North Dakota, Minnesota, South Dakota, Wisconsin and Kansas.