Xobee Networks Acquires Silicon Valley Firm
Fresno technology solutions company Xobee Networks has expanded its presence into the Bay Area with its purchase of Sigma Communications.
With its services geared primarily geared toward the Central Valley, Xobee Networks President Eric Rawn said the move will help the company better serve customers in the technology-centric Silicon Valley.
Sigma Communications, founded in 2011 in Sunnyvale, provides technology solutions to many customers in the pharmaceutical, biotech and high-tech industries that Xobee Networks has long eyed for growth in the Bay Area.
The amount of the acquisition were not disclosed, however Rawn said Xobee Networks will retain Sigma Communication’s employees, offices and equipment as well as its president for the first year under a contractual arrangement.
“One of the great advantages of this acquisition is that our services between the two companies are nearly identical, so consolidating employees and infrastructure will be very efficient and cost effective,” Rawn said. “This acquisition will help further grow our presence in the Bay Area and East Coast and will also allow us to expand our telecommunications infrastructure for increased reliability and redundancy by allowing our backbone to expand outside of California.”
Established in 1996, Xobee Networks is home to more than 40 employees providing its customers with tech support, website design, search engine optimization, data forensics, data cabling, Internet-based phone service and web-based application and mobile application development.
The company has offices in Chicago, Portland, San Francisco and Los Angeles besides its headquarters in Fresno.
Xobee Networks was recently bestowed with the Best in Class honor from Interactive Media Awards for its work designing the website of De Young Properties and also made Inc.com’s 2012 and 2013 Inc. 5000 list for the nation’s fastest growing companies.