Fortran Acquires CCI Telecom - InvestingChannel

Fortran Acquires CCI Telecom

Fortran Corporation (OTC: FRTN), a leading communications system integrator announced today that if has reached a definitive share exchange agreement on June 7th with CCI Telecom, Inc of Statesville, North Carolina. “The combined client mix of the companies coming together will allow us to cross fertilize our different product disciplines within our existing client databases. CCI has an excellent reputation in the industry, Fortune 500 clients we didn’t already have and a solid proven business model,” stated Doug Rink, Fortran Corp., President and CEO.

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Posted in: News, Management, M&A, Press Releases