On the Merge
Acquiring a company--and being acquired--taught this entrepreneur a lesson in leadership.
When Scott D'Entremont, co-founder of conferencing services provider Netspoke, decided to acquire iMeet in 2002, he was confident it was the right choice. iMeet's web- conferencing products, management and structure fit perfectly with D'Entremont's company. Indeed, the merger has helped increase Netspoke's sales from $5.4 million in 2002 to a projected $14 million for 2005. Although success is sweet, D'Entremont, 38, candidly admits it hasn't been easy.
Even with conferencing tools at their disposal, fostering a feeling of unity among employees working from offices in Woburn, Massachusetts, and Pittsburgh presented a challenge. Employees now travel between the offices to close this gap.
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