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On February 5, 2002, the Company acquired 100% of Marconi Data Systems, formerly known as Videojet Technologies (âVideojetâ), from Marconi plc in a stock acquisition, for approximately $400 million in cash including transaction costs.
Paetec to Acquire McLeodUSA Photonics.com Sep 2007 FAIRPORT, N.Y., Sept. 19, 2007 -- Paetec Holding Corp. announced this week it will acquire McLeodUSA Inc. of Cedar Rapids, Iowa, in an all-stock merger for a total of $557 million, including $492 million in stock and $65 million in debt assumption.