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By 25 September, 2017 515

Hamilton, Bermuda – Fireminds, an innovative technology solutions company focused on global software development and managed cloud services, has announced that it has received a major equity investment from ATN International, Inc. to expand its operations.  The transaction closed on September 8th, 2017 and positions Fireminds to enhance and increase its product offerings and undertake international expansion.  Founder and CEO, Michael Branco remains as CEO for the long term and as a significant shareholder.

Fireminds is at the forefront of enabling businesses in Bermuda to transform how they do business by harnessing the power of the cloud. Fireminds is unique, relative to other cloud services providers because of its legacy as a custom software development company, enabling it to customize solutions that suit the specific needs of each individual customer.  ATN has a successful track record of investing and growing telecommunications companies globally and in Bermuda through its investment in One Communications.

CEO and Founder of Fireminds, Michael Branco, stated, “Over the last three years Fireminds has developed strategic plans to grow internationally and looked for the right investment partner to help drive that growth. We are thrilled to become part of the ATN group of companies, and look forward to leveraging their strength and support to deliver even better technology solutions to our customers.”

Fireminds team

Barry Fougere, ATN Executive Vice President of Business Operations commented, “ATN’s investment will help accelerate Fireminds’ strategy to be a fully integrated cloud solutions provider that is a single source for all IT needs and will complement our existing telecommunications portfolio with bolt on cloud and software development services. We look forward to working with Michael and his team to combine our resources to increase support for existing customers and fuel further growth in Bermuda and new jurisdictions.”

Fireminds expects to hire additional sales, operations and technology staff in Bermuda and Miami to support its expansion. Mr. Branco continued, “Our common vision of the future, commitment to customer satisfaction and culture of innovation provides a strong foundation for growth.”

Financial terms of the transaction were not disclosed.

 

About Fireminds

Fireminds was incorporated in 2001 as a software development practice building web portals and ecommerce solutions. In 2009 Fireminds pioneered cloud solutions in Bermuda and now has operations in Miami and Bermuda. Fireminds provides custom software development, Hosted PBX, MS Office 365, managed services, desktop as a service, cloud hosting, helpdesk support and operates datacenters in Bermuda, Canada and in Microsoft Azure Cloud. The Fireminds team has continued to be recognized for their excellence, by winning the Bermuda Government 2013 TechAward for International Innovation for its work in mobile app development and most recently Fireminds won Microsoft Partner of the Year in 2015, 2016 and 2017 for its software development work and cloud solutions in Bermuda. Furthermore, Fireminds has been named in the Top 10 employers in 2015 and 2017, plus IT Support Company of the Year in Bermuda for 2009 and 2015.

About ATN
ATN International, Inc. (Nasdaq:ATNI), headquartered in Beverly, Massachusetts, provides telecommunications services to rural, niche and other under-served markets and geographies in the United States, Bermuda and the Caribbean and owns and operates solar power systems in various locations in the United States and India. Through our operating subsidiaries, we (i) provide both wireless and wireline connectivity to residential and business customers, including a range of mobile wireless solutions, high speed internet services, video services and local exchange services, (ii) provide distributed solar electric power to corporate and municipal customers and (iii) are the owner and operator of terrestrial and submarine fiber optic transport systems. For more information, please visit www.atni.com.

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Contacts

Sales: 441-478-1501
Support: 441-295-0000
Toll Free: 855-347-9521
Email: support@fireminds.com
Sales: info@fireminds.com

Fireminds Offices

Fireminds Headquarters
2nd Floor, Innovation House
46 Reid Street, Hamilton, HM12, Bermuda

Fireminds Canada
5110/5112 Prince Street, 3rd floor
Halifax, Nova Scotia, B3J 1L3, Canada

Fireminds Data Centers

Fireminds Bermuda Data Center
Ideation House, 94 Pitts Bay Road
Pembroke, HM13, Bermuda

Fireminds Canada Data Center
Hibernia CLS, 132 Ketch Harbour Road
Herring Cove, Nova Scotia, B3V 1J4, Canada