WEST LAFAYETTE, Ind. (WLFI) - Tipmont REMC has acquired Wintek Corporation.
Together, the two companies will deploy residential fiber internet access to Tipmont's current 23,000 customers in eight counties over the next eight years. The acquisition will give those who live out of the city limits better internet speeds and access.
Tipmont President and CEO, Ron Holcomb, spoke about how the acquisition and improving internet access goes hand in hand with Tipmont's mission of providing service to as many people as possible.
“What we're committed to at Tipmont and now Wintek is to make sure that that opportunity is available for everyone, regardless of what type of application they have in mind, and that it's available for everyone in the region.”
A local small business owner, Susan Benedict, attended the press conference this morning to give a brief testimony about how her experience with Wintek. She also shared her excitement about the merge and the opportunities it will lend to the community.
“It levels the playing field from many different options, and what excites me is that my neighbors, friends and family around the state now have access to something that they didn't before.”
The acquisition is expected to close by the end of the calendar year, and the joint organization plans to unveil a corporate rebrand and naming convention in the coming months.