In 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.