Predict your next investment

COMPUTER HARDWARE & SERVICES | IT Services / IT Solutions & Software Development
maxis360.com

See what CB Insights has to offer

Stage

Acquired | Acquired

About Maxis360

Maxis360 provides solutions to the Security, Communications, Network & IT Management industries.

Maxis360 Headquarter Location

711 Ballard St

Altamonte Springs, Florida, 32701,

United States

407-786-9600

Latest Maxis360 News

Powernet, Maxis360 Merge for Full-Service Technology Services Push

Sep 1, 2018

Powernet, Maxis360 Merge for Full-Service Technology Services Push by Ty Trumbull • Sep 1, 2018 Powernet and Maxis360  are merging. The amalgamation unites a full-service technology provider and a managed IT services provider (MSP). Financial terms were not disclosed. Jeff Foster Allison Stevens Powernet, founded in 1992 as PNG Telecommunications, is based in Cincinnati, Ohio. Maxis360, founded in 2003, has offices across Florida. The combined company maintains the Powernet name, led by CEO Allison Stevens. Maxis360 CEO Chris Ghosio, President Jeff Foster, and Senior VP Tony Wells join Powernet’s leadership team. Powernet and Maxis360 have had a cross-selling relationship since 2016 that spans voice, data, WiFi, and managed IT services. Among the areas of success: Maxis360 promoted Powernet’s Public Safety Signal Booster technology to Florida clientele. Describing the deal, Stevens said: “The merger between these two companies will serve to strengthen the team’s overall ability to serve our customers. We’re thrilled to have so many talented team members from Maxis360 that share our core values & beliefs join Powernet. This is an exciting new chapter in the company’s history.” Added Foster: “Combining the two companies’ services allows us to provide a truly dynamic solution for our clients. We expect this merger to allow us to further differentiate ourselves from competitors through our ability to provide a complete and innovative solution with the latest and most advanced technology available in an environment where technology is rapidly advancing on a daily basis.” Technology Services Evolution CEO Allison Stevens has consistently evolved Powernet’s platforms and services as her role expanded from COO (2005) to CEO (2013). The company more than tripled annual wireless and IP product revenue during the CEO transition timeframe, according to Powernet’s website. The company also has deep roots with the Cincinnati community, engaging local businesses, schools and neighborhoods through improved access to cutting-edge technology, Powernet says. Meanwhile, Maxis360 has been a long-term Digium partner with some M&A experience. A 2014 buyout of Panama City-based Inacomp nearly doubled Maxis360’s size at the time. Inacomp had 250 customers and 15 employees when that deal was finalized. Additional reporting by Joe Panettieri. Related Content

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.