LEWISTON — Oxford Networks has inked a deal to sell all of its stock for an undisclosed amount to the Montreal-based private equity firm Novacap. Oxford President and CEO Craig Gunderson said Wednesday the deal will help the company move ahead with “product evolution.” One of the first steps: an expansion at its two-year-old Data […]
Oxford Networks
Posted inBusiness, Lewiston-Auburn, Maine, sj-web
Oxford Networks reports $2.8 million loss in 2012
LEWISTON — After posting a small profit in 2011, Oxford Networks lost $2.8 million in 2012, according to the company’s audited financial statement, which was obtained by the Bangor Daily News. In addition to the net loss, the auditor’s report states that as of Dec. 31, 2012, the company’s current liabilities exceeded its current assets […]
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Posted inAdvertiser Democrat, Franklin, Lewiston-Auburn, Oxford Hills, River Valley, The Franklin Journal
Bethel Chamber of Commerce hosting 22nd annual Maine State Triathlon
BETHEL – The Bethel Area Chamber of Commerce will host its 22nd annual Maine State Triathlon at 8 a.m. Sunday, Aug. 11, at the Bethel Inn Lakehouse. Proceeds will benefit the Bethel community. “We do this not for our own health but for the health of our community,” said Julia Reuter of the Bethel Chamber […]