AT&T (NYSE: T) will soon have an even bigger stake in the hotel WiFi market when it completes its proposed $15 million acquisition of Montreal-based Superclick Networks.
Hoping to close the deal in Q4 2011, Superclick became a desirable target for Ma Bell because the company develops software that handles WiFi registration and manages wireless LAN data.
Running on small 1U or 2U servers for wireless and wireline-based networks, Superclick's Internet Management System (SIMS) is a Linux-based gateway product that provides real-time reporting, monitoring, analytics and management of an IT network environment, as well as individual customer billing for hotel-based wireless LAN networks.
Since being co-founded by Sandro Natale in 2001 SIMS has been installed in a number of the largest hotel chains, including the Fairmont, Marriott and Four Seasons.
While the announcement of the deal is new, it took over a year to finally come to fruition with Superclick's M&A committee rejecting AT&T's initial bid last November as being too low.
For more:
- itWorldCanada has this article
Earnings summary: Wireline in the second quarter 2011
Related articles:
AT&T U-verse drives new growth, but it wasn't enough to stop Q2 wireline revenue declines
Grading the top 10 wireline service providers in Q1 2011
AT&T wireline results in Q1 reflect strong returns on consumer broadband, IP business services