RMI Continues National Expansion
Page 1 of 1
Moving aggressively to foster expansion, RMI.NET Inc. Monday made its fifth acquisition of an Internet-based company in the past two weeks.
The company, formerly known as Rocky Mountain Internet, purchased the assets of CyberDesic Communications, Inc. for $570,000 in common stock.
This is RMI's second acquisition in the central Illinois area. RMI earlier had acquired Dave's World, a full service Internet communications provider based in Bloomington, Ill.
Earlier this year, RMI announced plans to press out of the Rocky Mountains and expand their Internet access offerings throughout the U.S.
"The addition of these assets is in keeping with our geographic expansion plans and our strategic efforts to expand RMI.Net's national presence."