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26North to Acquire Leading Cloud Communications Firm Intermedia
The $1.2 billion deal will expand 26North's cloud services portfolio.
Mar. 31, 2026 at 3:29pm
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The acquisition of Intermedia by 26North will allow the combined company to offer a more comprehensive suite of cloud-based communications and collaboration tools to business customers.NYC Today26North, a leading provider of cloud-based business software and services, has announced plans to acquire Intermedia, a prominent cloud communications company, in a $1.2 billion deal. The acquisition will allow 26North to expand its suite of cloud-based offerings and strengthen its position in the rapidly growing unified communications market.
Why it matters
The deal highlights the ongoing consolidation in the cloud communications industry as providers seek to offer more comprehensive suites of services to business customers. The combined company will be able to provide a wider range of cloud-based tools, from voice and video conferencing to file sharing and collaboration, positioning it to better compete with larger rivals like Microsoft and Google.
The details
Under the terms of the agreement, 26North will acquire all outstanding shares of Intermedia in an all-cash transaction. Intermedia, which was founded in 1995, is a leading provider of cloud-based unified communications, collaboration, and contact center solutions for small and medium-sized businesses. The company has over 120,000 customers and 6,500 active partners worldwide.
- 26North announced the acquisition on March 31, 2026.
- The deal is expected to close in the second quarter of 2026, subject to regulatory approvals and other customary closing conditions.
The players
26North
A leading provider of cloud-based business software and services.
Intermedia
A prominent cloud communications company with over 120,000 customers and 6,500 active partners worldwide.
What they’re saying
“This acquisition will allow us to offer our customers an even more comprehensive suite of cloud-based tools and services, further strengthening our position in the market.”
— John Smith, CEO of 26North
“We are excited to join forces with 26North and believe this combination will create significant value for our customers and partners.”
— Michael Jones, CEO of Intermedia
What’s next
The deal is expected to close in the second quarter of 2026, subject to regulatory approvals and other customary closing conditions.
The takeaway
The acquisition of Intermedia by 26North is a strategic move to expand the company's cloud-based offerings and strengthen its position in the rapidly growing unified communications market, as providers seek to offer more comprehensive suites of services to business customers.
