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Osmose Acquires TelPlexus, Inc.

by Lauren Glass
Tue, Sep 6th 2011 04:23 pm

Osmose Utilities Services, Inc.announced the acquisition of telecommunications engineering firm, TelPlexus, Inc. (www.telplexus.com).  Founded in 1998, TelPlexus has built a solid reputation with independent and cooperative communications companies, designing and deploying next generation networks.

Rick Peppers, founder of TelPlexus, will continue to serve as President of the company which will operate as a wholly owned subsidiary of Osmose Utilities Services, Inc.  "We are very excited to be a member of the Osmose family and equally excited about the many opportunities this partnership will create.  Over the last few years, many changes have occurred within the communications industry, changes which have essentially combined the telecom and CATV industries.  It is our belief that this partnership will place our combined companies at the forefront of unprecedented expansion within the industry.  As mergers occur within power, telecom and CATV industries, we will be well positioned to assist our customers" said Peppers.

Ron Childress, Senior Vice President of Business Development for Osmose said "TelPlexus is an integral part of the current transformation within the telecommunications industry, helping rural carriers update their networks in order to compete in today's high-speed markets.  The personal approach that Rick and his team take with their customers to provide customized, comprehensive solutions is proof that they share Osmose's commitment to customer focus and excellence."  TelPlexus provides all facets of planning and engineering to deliver fiber-to-the-premise (FTTx).  Services include engineering design, construction management, project management, drafting, mapping, data conversion, feasibility studies and federal funding support.  "Their expertise and experience with broadband infrastructure and fiber deployment will allow Osmose to offer electric utilities enhanced services designed to help them reach their smart grid goals" added Childress.

Click here to read the official press release.