CLOUD COMMUNICATIONS

September 18, 2018

Fusion Announces New Win

Cloud services provider Fusion has won a new $1.6 million deal. The customer is a major convenience store chain in the southeast, which Fusion declined to name.

For this engagement Fusion is providing its Managed Security, SD-WAN, and Wireless Failover solutions. Business continuity, converged services, fast time-to-market, scalability, and security are key tenets of this U.S. deal.

“Fusion’s advanced single source cloud solutions solve complex communications challenges with simple, easy to manage integrated services that remove the finger pointing so often associated with multi-vendor environments,” said Dan Foster, Fusion’s Chief Revenue Officer. “The hallmark of this expanding convenience chain is to make life easier for its busy customers with high quality, high value services. We are proud to have earned the confidence of this growing enterprise by providing a level of service that delivers unparalleled quality, security, reliability and support.”

This new Fusion win comes on the heals of a $1.1 million, three-year cloud solutions deal. That one involves a major family entertainment center and restaurant chain.

And early this summer Fusion announced the close of its acquisition of MegaPath Holding Corp. That was a $71.5 million deal which, along with Fusion’s acquisition of Birch, is helping the company scale.

Mathew Rosen, Fusion’s chairman and CEO, in a June press release was quoted saying: “MegaPath is an ideal fit with Fusion, and the acquisition demonstrates that we are well on our way toward achieving our intermediate financial objectives of $750 million in annual revenue and $185 million in annual Adjusted EBITDA. MegaPath brings to Fusion a skilled team of technology professionals, a robust, fully-integrated suite of cloud services, and enhanced sales, digital marketing, and distribution capabilities. I am also excited to welcome Dan Foster to Fusion and look forward to his contributions to further driving the company’s organic growth.”




Edited by Maurice Nagle



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