Connectbase’s MasterStream acquisition enhances its connectivity commerce platform

Dec. 28, 2023
As the company’s second acquisition this year, the deal strengthens Connectbase's position as a single source for global connectivity marketplace demand.

Connectbase has acquired MasterStream ERP, a telecom-centric configure-price-and-quote platform that currently processes 500,000 quotes monthly and focuses on transactions in the channel.

There are several benefits of this deal for Connectbase. This acquisition grows the Connectbase ecosystem, accelerates the adoption of digital transactions by the channel world and solidifies Connectbase's position as the leading global quoting and transaction platform for connectivity.

After the acquisition closes, Connectbase will expand and accelerate its channel offerings post-acquisition to further empower the ease of connectivity buying and selling for service providers and trusted advisors.

This acquisition caps off what has been a busy year for Connectbase.

Earlier this year, Connectbase acquired London-based LMX and secured an additional $16 million in line-of-credit funding from Silicon Valley Bank. The new combined Connectbase will have a global ecosystem of over 300 service provider APIs, connecting buyers and sellers across six continents with more than 2.7 billion unique serviceable locations through the proprietary Location Truth™ service in The Connected World platform, and positioning Connectbase firmly as it moves into 2024.

 

"We are excited to welcome the MasterStream team and customer base into the Connectbase ecosystem and further unite the supply and demand of connectivity for suppliers, buyers, and the channel partners driving growth in the market," said Ben Edmond, Founder and CEO of Connectbase. "Combining MasterStream, Connectbase, and LastMileXchange, which we acquired earlier this year, we've significantly increased the demand power and volume behind our already powerful Marketplace, making Connectbase the single biggest source of digital demand for the connectivity industry."

For related articles, visit the Business Topic Center.
For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer’s Guide.
To stay abreast of fiber network deployments, subscribe to Lightwave’s Service Providers and Datacom/Data Center newsletters.

About the Author

Sean Buckley

Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.

Sponsored Recommendations

Data Center Interconnection

June 18, 2024
Join us for an interactive discussion on the growing data center interconnection market. Learn about the role of coherent pluggable optics, new connectivity technologies, and ...

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

The Pluggable Transceiver Revolution

May 30, 2024
Discover the revolution of pluggable transceivers in our upcoming webinar, where we delve into the advancements propelling 400G and 800G coherent optics. Learn how these innovations...

From 100G to 1.6T: Navigating Timing in the New Era of High-Speed Optical Networks

Feb. 19, 2024
Discover the dynamic landscape of hyperscale data centers as they embrace accelerated AI/ML growth, propelling a transition from 100G to 400G and even 800G optical connectivity...