{"id":19928,"date":"2018-04-16T05:00:57","date_gmt":"2018-04-16T12:00:57","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=19928"},"modified":"2021-02-03T14:53:48","modified_gmt":"2021-02-03T22:53:48","slug":"new-acquisition","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/new-acquisition\/","title":{"rendered":"New Acquisition"},"content":{"rendered":"

Yardi announced the acquisition of Phoenix Broadband Ltd<\/strong>., an\"\"<\/a> innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces. Based in Stirling, Scotland, Phoenix Broadband is known for its Medusabusiness brand. Medusa<\/strong> is a service platform for managing technology resources in a shared workspace.<\/p>\n

When multiple companies share a common office space, access to secure, easy-to-manage technology is important. Centralizing access to cloud-based business networks, Internet, Wi-Fi, voice services and more, Medusa provides simple hardware and seamless IT for coworking spaces.<\/p>\n

\u201cWe are delighted to become part of the Yardi family, and through them, ensure Medusa is the leading network technology powering the boom of flexible workspace in the real estate industry,\u201d said Tony Freeth, principal for Medusabusiness. \u201cWe believe our clients will benefit tremendously from Yardi\u2019s investment in the future of coworking.\u201d<\/p>\n

The team of 10 developers, help desk associates, sales and management team will continue to operate from its office in Scotland.<\/p>\n

Medusabusiness currently serves over 700 locations such as business centers, coworking spaces, real estate managers and IT firms, including more than 300 spaces in North America.<\/p>\n

\u201cWe are expanding our investments in the coworking arena.\u201d said Gordon Morrell, executive vice president of Yardi. \u201cShared workspaces are a growing industry that bridges real estate and technology, areas that continue to be Yardi\u2019s primary focus.\u201d<\/p>\n

This is Yardi\u2019s second recent acquisition in coworking technology. In late 2017, Yardi acquired WUN Systems<\/strong>, the Florida-based maker of a software management platform for coworking spaces. Many coworking spaces use both WUN\u2019s platform and Medusa.<\/p>\n

Founded in 2002, Phoenix Broadband Ltd. is based in Stirling, Scotland. Serving the shared workspace market, clients include business centers, coworking spaces, real estate managers and IT firms. The company\u2019s products deliver seamless IT management in shared workspaces. To learn more about Medusabusiness and Phoenix Broadband, visit medusabusiness.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Yardi announced the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces. Based in Stirling, Scotland, Phoenix Broadband is known for its Medusabusiness brand. Medusa is a service platform for managing technology resources in a shared workspace. When multiple companies share a common office space, […]<\/p>\n","protected":false},"author":413,"featured_media":19930,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4],"tags":[836,1226,2253,1353,40],"class_list":["post-19928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-acquisition","tag-coworking","tag-scotland","tag-uk","tag-yardi"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"Yardi announced the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Acquisition\" \/>\n<meta property=\"og:description\" content=\"Yardi announced the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/new-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-16T12:00:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-03T22:53:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2018\/04\/shutterstock_572805178.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Leah Etling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Leah Etling\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/new-acquisition\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/new-acquisition\/\",\"name\":\"New Acquisition - 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