Mergers and Acquisitions

TDS acquires Twin Cities telecom company

Telephone and Data Systems Inc., the Chicago-based parent company of TDS Telecommunications Corp., which operates TDS Metrocom, has acquired VISI Incorporated, Minnesota’s largest locally-owned data center services and managed hosting provider.

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VISI, headquartered in the Twin Cities, provides a wide range of information technology solutions, including: managed hosting, co-location and cloud-computing services to businesses of all sizes, from technology start-ups to large enterprises.

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TDS markets communications services to business and residential customers in 30 states, including Minnesota.   

Dave Wittwer, president and chief executive officer for Madison-based TDS Telecommunications Corp. said, “VISI brings a successful and talented team with a proven track record for providing high quality data center and managed hosting services. VISI’s broad capabilities and extensive service set, combined with its valuable facilities, including an expanding SAS 70 Type II certified data center in St. Paul, and a state-of-the-art data center under construction in Eden Prairie, Minn., position us well for growth in a dynamic marketplace.”

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Mike Sowada, CEO of VISI, said, “TDS shares a strong focus with us on service quality, is well regarded in the communications space and believes, at its core, that exceptional customer care and tailored services represent the best value to all their customers. With the financial strength of Telephone and Data Systems Inc., a Fortune 500 company, VISI and TDS are poised to grow our combined businesses and invest in evolving services that customers are demanding in the Twin Cities and across the broader regional and national footprint of TDS.”

 

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