Netpluz Asia is enhancing its managed service offerings by buying two Mediaring communications companies- Mediaring Network Services (MRNS) and Mediaring Communications (MRC).
The company will pay about US$2 million for the business assets of these two companies. Payment for this deal will be completed in over four phases till mid-2017.
As per the agreement, Netpluz Asia will purchase the commercial assets of the brand while the retail assets of Mediaring will continue to remain with its existing owner, publicly-listed Si2i Ltd.
This strategic move will aid Netpluz Asia to offer the likes of cloud computing, IP Private Branch Exchange (IP-PBX) and data analytics to corporate customers.
"Netpluz evolved into its current form because of its strategic focus of offering managed services over the internet to smaller and medium-sized companies," said Netpluz's managing director Lau Leng Fong. "We add value by delivering high quality managed data, voice and video services over a single, converged network."
IP version 4 addresses
Netpluz Asia will leverage Mediaring's ownership of a significant number of Internet Protocol Version 4 addresses, which are rapidly depleting due to the rapid expansion of the internet.
Looking forward, Netpluz Asia will set up a regional footprint with in-country offices in Indonesia and Malaysia that will directly support customers in these markets.
It will also introduce several new services in Asia, including a surveillance video system that is able to pump out data via emails without any human intervention.
Customers will have a choice of implementing this surveillance video system either on their networks or have it managed remotely on Netpluz Asia's hosting systems.
"Small and medium-sized businesses are springing up in Singapore and the region. These businesses find it hard to leverage on emerging technologies in a comprehensive manner because large managed service providers do not necessarily allow them to benefit from economies of scale," added Lau. "Hence, these smaller players end up taking a piecemeal approach to technology implementation."
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