Connectbase Acquires London-based LastMileXchange

Connectbase is acquiring London-based LastMileXchange (LMX), growing the Connectbase brand globally.

Following this acquisition, Connectbase says it will have “the largest global API ecosystem securely connecting buyers and sellers across six continents” with more than 2 billion locations in The Connected World platform.

Connectbase clients will benefit from the extended reach across EMEA and APAC regions that LMX brings to the Connectbase platform, and the LMX customer base will have the ability to access the industry’s global connectivity marketplace through Connectbase.

LMX provides communication service providers globally with cloud-based access pricing solutions to automate, accelerate and streamline the quote-to-order sales process. The LMX reach enables platform customers to connect more than 450 access vendors worldwide and processes more than 15 million quotes per year.

Connectbase enables the digitization and automation of connectivity commerce. Its ecosystem of network buyers and sellers and powerful location data and insights empower customers to transact digitally with quoting, ordering and more to drive growth.

“The Connectbase vision has always been global,” said Ben Edmond, CEO and founder at Connectbase. “Bringing the LMX reach, offerings, customer base and team into the Connectbase fold follows through on our longer-term strategic vision and brings incredible additional value to the existing customer base of both companies.

“With this acquisition, we are deepening our presence across EMEA and APAC, and furthering our journey as a truly connected global platform,” Edmond added. “For the past 18 years, LMX has built impressive digital off-net quoting solutions serving global telecom carrier customers. Now, as part of the Connectbase ecosystem, LMX customers will be able to further transform and automate their network buying and selling functions easily.”

All LMX employees will transition onto the Connectbase team. By bringing together the resources, customers and competencies of both companies. Connectbase will continue to scale and achieve accelerated growth, expanding the global ecosystem for connectivity and infrastructure service providers.

The announcement is Connectbase’s first acquisition and the latest in a series of news around the company’s investments in growing its platform capabilities and expanding services

Visit Connectbase at www.connectbase.com for more information.