© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Deal of the Month
Posted 1st July 2016

Deal of the Month

Next Group is a highly innovative technology company, providing unique telecommunications platforms that are both elegant and efficient.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Deal of the Month
Image

Next Group is a highly innovative technology company, providing unique telecommunications platforms that are both elegant and efficient. This profile highlights their continued success, particularly their landmark deal concerning Lubar Technologies, and the myriad benefits it will bring to their company.

The technology behind Next Group is truly revolutionary, as it creates robust, switchless, scalable, high density and high performance telecommunication networks. Through this technology, they give their clients proprietary and sustainable competitive advantages in efficiency, stability, security, flexibility, and cost. In turn, this allows them to deliver highest-quality voice, video, and data services at exceptional profit margins.

Moreover, its proprietary network design and software enable traditional IP voice, video, and data services as well as advanced applications such as their NxtGn solution for providing HD video in per-minute billing increments. Alongside this, the NxtGn call routing engines and integrated traffic monitoring, reporting, billing, and infrastructure management platforms deliver scalability, security, cost efficiency, and the best stability in the domestic and international long distance market.

As such, this unique technology enables its clients to offer provisioning, testing, and interconnection with new customers within an hour of contract execution rather than the days usually required for interconnectivity between most international telecommunications wholesalers and their new customers.

Its platform services allow PTTs and other incumbent or emerging carriers to develop and deploy OFDMA WiMAX and other 4G Network applications at a fraction of the infrastructure development, capital expenditures, and other start-up costs associated with rival solutions. Furthermore, the NxtGn communications platform allows their clients to support all their traffic in a compact, single-rack footprint.

Additionally, its automated central network management with 24/7 traffic and network monitoring functionality allow NxtGn clients to grow traffic without increasing operating overheads or incremental operating costs. With all of these aspects in mind, the results for their clients include improved call quality, minimised dropped calls, scalable capacity, automated central network management, expedited turn-up times, reduced operational and billing complexities, lost revenues recapture and monetisation of new revenue sources, to name a few.

The landmark acquisition of Lubar Technologies is not the only major deal the company has been involved with over the past 12 months, as the company merged with Pleasant Kids, Inc (PLKD) in August 2015. Headquartered in Fort Lauderdale, FL, Pleasant Kids is America’s premier supplier of naturally balanced alkalised spring water, “healthy water” and all natural apple juice for children.
As a company that is always looking towards providing more efficient and advanced technological solutions, Next Group’s deal with Lubar Technologies is a move that can only benefit both companies.

Founded in 2002, Lubar is in the business of redefining the live gaming experience by developing and providing innovative video conferencing gaming solutions. Lubar applications allow real physical casinos located throughout the world to market their games-including blackjack, poker, roulette, and dice games, among others-to the online gaming market.

Focusing on providing the best video quality, audio clarity, and usability for end users and service providers, Lubar’s video conferencing gaming system transforms the way players participate in online gaming, while enabling physical casino operators profitable new services and revenue streams.

Using Lubar technology, players remotely accessing casino games from their home computers are able to see and talk with the dealer or croupier and with other players, as if they were in the casino. Using real cards, real dice, real casino equipment, and a live dealer preserves the element of randomness and enhances the experience of realism for remote gamers.

The move was part of Next Group’s continuing efforts to maximise commercial application and usage of its NxtGn subsidiary’s proprietary NxtGn AVYDA technology and its HD video network, and to accelerate revenue growth. 

“We plan to integrate certain unique features of NxtGn’s proprietary AVYDA HD video technology into Lubar’s products and services, making the Lubar user’s experience even better,” said Arik Maimon, Chairman and CEO of PLKD. 

“Deploying NxtGn AVYDA technology will give us a competitive advantage in the $30 billion per annum online gaming industry,” said Yacob Rafaeli, founder and CEO of Lubar. With such optimism arising from both parties of the deal, we expect that this deal will bring continued success for both companies.

Company: NxtGn
Email: [email protected]
Web: www.nxtgn.net
Address: NxtGn, Inc., 100 N.
Biscayne Boulevard, Miami,
Florida 33132 USA
Phone: 001 305 356 4620


Categories: Innovation


You Might Also Like
Read Full PostRead - Eye Icon
10 Key Skills for the Modern Finance Professional
News
10/06/202410 Key Skills for the Modern Finance Professional

In the rapidly evolving finance sector, professionals face a landscape marked by fast-paced technological changes, complex regulatory environments, and global interconnectedness. To navigate this dynamic arena successfully, finance professionals must cultivate

Read Full PostRead - Eye Icon
People at the Heart of Recruitment
Leadership
07/06/2017People at the Heart of Recruitment

Love Success, winner of the 2017 Best Female Owned Recruitment Agency - UK award, is the leading specialist recruitment agency in London, providing a comprehensive range of candidate and client services for businesses and individuals all over the UK. We spoke

Read Full PostRead - Eye Icon
Terms & Conditions
Strategy
17/10/2016Terms & Conditions

NULL

Read Full PostRead - Eye Icon
Best SaaS Softwares to Help Improve Your Services
Innovation
28/09/2021Best SaaS Softwares to Help Improve Your Services

The business landscape has changed dramatically in recent times, as technology is booming and has become central to businesses across all industries.

Read Full PostRead - Eye Icon
Bitcoin Trading Strategies for Success
Finance
21/02/2023Bitcoin Trading Strategies for Success

Read this article to learn proven strategies for successful Bitcoin trading, including technical analysis, fundamental analysis, hedging, and arbitrage.

Read Full PostRead - Eye Icon
11 Tech Tools to Get You Through a Recession
Innovation
05/08/202211 Tech Tools to Get You Through a Recession

As the stresses of an impending recession grow, business owners are strategizing how to survive this economic uncertainty by re-evaluating current and future expenses. For example, software subscriptions that once felt necessary may seem like a “nice to have

Read Full PostRead - Eye Icon
Respect and Compassion
Leadership
20/10/2017Respect and Compassion

Respect and Compassion

Read Full PostRead - Eye Icon
Structuring a Fair Salary Scale
Finance
07/04/2020Structuring a Fair Salary Scale

Once you have decided that you need to hire a new member of staff, you need to think not only about what their role will include, but also what you will pay them. Paying a fair salary is a vital aspect of procuring the right new recruit – get it wrong and yo

Read Full PostRead - Eye Icon
Patents: Storming the World of IP
Legal
19/01/2015Patents: Storming the World of IP

First Thought IP Ltd is a full-service intellectual property law firm that advises on patents, designs and copyright, licensing and litigation issues.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow