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Best Buy Acquires Speakeasy DSL

Categories: Announcements, Partnerships,
By: , IntoMobile
Tuesday, March 27th, 2007 at 6:11 PM

Best Buy LogoIn a move that is sure to boost Best Buy’s Best Buy for Business program, the electronics retailer announced its plans to buy the popular US DSL provider. Best Buy shelled out $97 million to bring Speakeasy under its corporate wing.

But Speakeasy users need not fret, the transaction won’t even take place until Q1 of 2008. And changes will be minor, at most, as Speakeasy will be run independently as a wholly owned subsidiary of Best Buy.

Bruce Chatterley, CEO and President of Speakeasy, states that “Speakeasy will be an important part of the Best Buy For Business service that delivers simple, reliable, and affordable technology solutions to small businesses. Speakeasy’s array of broadband voice, data and managed services offerings will be the focal point of the Best Buy For Business communications solutions.”

So look for more bundled business services from Best Buy in the near future.

About The Author

Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...