Thermo Credit, LLC

We’ve scoured the airwaves and assembled a list of the latest financial transactions in the communications industry.

Akamai to bolster website service capabilities with $300M acquisition of Cotendo

Akamai is in the process of adding another weapon to its website performance holster by negotiating a deal to purchase Israel-based Cotendo for $300 million, reports Reuters, citing a Calcalist article.

Zayo completes acquisition of 360networks

Zayo has completed its acquisition of 360networks, a $319 million deal that instantly increases its fiber and service footprint.

Zayo raises $315M in new funding

Zayo Group, which continues to build up its stature through various acquisitions, has just raised $315 million in new funding via a five-year term loan.

Investors Back ip.access with Further $15m Boost

CAMBRIDGE, England–(BUSINESS WIRE)–Cambridge based small cell innovator and market leader, ip.access, confirms it had closed a new round of funding, raising some $15m from its current investors and from a major new backer.

North State Communications acquires DataChambers to shore up data center, managed services capabilities

North State Communications, an ILEC that offers services in North Carolina’s Piedmont Triad region, is bolstering its business capabilities with new managed services and colocation facilities by purchasing Winston-Salem company DataChambers.

Teletouch Subsidiary Progressive Concepts, Inc. (dba Hawk Electronics) Announces Official End of Litigation with AT&T

FORT WORTH, TEXAS– Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular, consumer electronics and public safety equipment provider, announces that the Company and AT&T (NYSE: T) recently entered into, and the Hon. Judge Willcutts acting as the arbitrator in this case, signed off on the mutually Agreed Order of Dismissal, dismissing with prejudice the ongoing litigation, pursuant to the parties having recently reached a comprehensive, multi-part settlement between its wholly owned subsidiary, Progressive Concepts, Inc. dba Hawk Electronics (“PCI”), and AT&T, previously announced on November 23, 2011.

Funding for Angel Telecom Corporation

BAAR, Switzerland–(BUSINESS WIRE)–Angel Telecom Corporation (NASDAQ:AGLT) is pleased to announce that it has successfully closed a capital increase with a group of private investors. The company has received USD 6 million to support and expand the business of its fast-growing Swiss subsidiary Angel Telecom AG, whose main product is based on the unique VOIP trading platform ATTrade and allows VOIP carriers to connect and exchange unlimited VOIP traffic.

Xplore Amends Credit Facility

AUSTIN, Texas–(BUSINESS WIRE)–Xplore Technologies Corp. (OTCQB: XLRT) (“Xplore” or the “Company”), a manufacturer of award-winning rugged tablet PCs, announces that it had amended its Accounts Receivable Purchase Agreement with DSCH Capital Partners, LLC, d/b/a Far West Capital (“Far West”), to increase the maximum amount of accounts receivable that Far West could purchase under the facility from $4.75 million to $8.5 million.

Zayo’s zColo Acquires Las Vegas Data Center

Zayo Group’s zColo has acquired MarquisNet’s 28,000-square foot data center in Las Vegas.

Internap Completes Voxel Purchase

Internap Network Services Corp., a provider of intelligent IT infrastructure services announces completing the acquisition of Voxel Holdings, Inc., a provider of scalable hosting and cloud services for the enterprise.

Mindspeed Technologies to Acquire Picochip

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, announces that it has signed a definitive agreement to acquire U.K.-based Picochip Limited, a leading supplier of integrated system-on-chip (SoC) solutions for small cell base stations, for a purchase price of approximately $51.8 million, plus a potential earnout payment of up to $25 million payable in the first calendar quarter of 2013.

Thermo Credit has never been your typical funding company. From the start, we have focused solely on providing funding to well-run communications companies seeking operating capital. That’s why, even now, we are here, ready, and still providing communications companies with the funding they need to prosper. Thermo Credit understands that today’s cash flow problems are affecting even the best of companies. If you know of a good communications company seeking funding, give us a call.