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New Edge is a WA firm that creates virtual private networks, specializing in systems that allow small and midsize companies to conduct business securely over the internet. The deal is valued at $144M.

It is the latest move by ELNK to expand beyond its longtime focus on providing consumer internet access.

Garry Betty says ELNK has embarked on a strategy to become a total communications company.

The deal is expected to close in the first quarter of 2006. ELNK will use cash and stock for the acquisition.
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