Bright House snags Tampa firm

TAMPA — Telovations, a Tampa-based cloud communications provider, has become the latest acquisition target for Bright House Networks, the burgeoning cable systems company.

Telovations provides voice communications services for small and medium-sized businesses. It aims to shrink capital investment for client companies by providing its technology on a pay-as-you-go basis, according to a company statement.

The transaction, which requires regulatory approval, is expected to close within two months, according to a news release from the Bright House corporate office in Orlando.