A leading global provider of software and data analytics, RealPage, has acquired WhiteSky Communications. WhiteSky is known to offer owners and operators opportunities to get back better revenues usually provided by phone and cable companies.
WhiteSky provides managed communications services, enabling multifamily, student, and other properties to offer managed bulk Internet, video, voice-over-internet protocol (VOIP) phone, and Wi-Fi services. More popularly, the company is known for its ability to deliver highly-reliable managed bulk Internet service quickly and at a low cost with speeds up to 1GB.
Steve Winn, CEO and Chairman of the Board at RealPage stated, “The acquisition of WhiteSky, a recognized and highly-respected managed service provider, positions RealPage to enter the surging market for multifamily property bulk Wi-Fi services as a key player. We expect to drive post-acquisition revenue synergies with the inclusion of WhiteSky services into CommunityConnect™, our one-stop-shop for smart buildings, smart access, and purpose-built managed smart Wi-Fi, all controlled from a single resident App.”
The WhiteSky acquisition will help RealPage make quicker deployments, operational efficiencies, and an enhanced customer experience. The acquisition of WhiteSky is being seen as a positive development - considering that the company’s revenue growth has been at about 50% in recent years.