Best Buy Acquires Speakeasy

Speakeasy, one of the largest DSL providers in the United States, has been acquired by Best Buy for $97 million, which the companies put at 20% greater than Speakeasy's 2006 revenues. Best Buy’s plan is to promote Speakeasy Small Business DSL through the company’s lesser-known Best Buy for Business program. Current Speakeasy customers are unlikely to be affected, at least in the short term. The deal won't even go down until the first quarter of 2008, and even then the plan is to run Speakeasy as an independent subsidiary of Best Buy. "We have a high regard for Speakeasy's employees, their culture, and their valued relationships with customers and vendors.They have a strong customer service-oriented approach, which is an excellent fit with Best Buy's culture and direction,” said Darren Jackson, Best Buy executive vice president and CFO.

Bruce Chatterley, President and CEO wrote the following in an email sent to the service's customers: "It is important to note that though Speakeasy will now be a wholly owned subsidiary of Best Buy, we will continue to operate as a standalone, independent operating division with headquarters in Seattle. Speakeasy will be an important part of the Best Buy For Business service that delivers simple, reliable, and affordable technology solutions to small businesses. Speakeasy's array of broadband voice, data and managed services offerings will be the focal point of the Best Buy For Business communications solutions.”

News source: Ars Technica

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Now the speed test will detect your IP and if your not on Speakeasy, it will show you as 56k, and recommend an upgrade to Best Buy Business DSL!

This should be interesting since you can usually find other providers of internet when purchasing thru Best Buy, and to see if those providers receive less offer-rate...that and Speakeasy isn't offered everywhere.

Speakeasy was real big in the early stages of DSL. Now they have started to shift to more small business than residential. Gamers used to swear by Speakeasy.

I seriously dislike Best Buy. The most expensive store ever without deals. Even with deals, there are taxes, shipping involved... I prefer buy.com, amazon, newegg

I know a few small businesses here in Orlando that are supported by this Best Buy for Business and from what I hear, it's actually pretty cool. Apparently they have access to commercial Best Buy items and like ten times the inventory that you find in a standard retail store.

@ McG

Are you KIDDING ME? Are you a paid promoter?!? Everyone knows that Geek Squad and the Best Buy for Business is a total JOKE. They rape the customer out of their money, use pirated software to repair computers, their tech support sucks, their sales tactics are out of bounds, and they a REDICULOUSLY expensive. I once found a really nice briefcase for $169 at Best Buy - loving it I took it home knowing I'd find it cheaper online. I found it online for $64 NEW, brand new, and returned the Best Buy case once I got the other one.

They should burn, period. J search on google and you'll see why they ARE NOT "pretty cool". Heck, I'll side with Microsoft and AOL before Best Buy.

It was a best buy in the 90's, now they are just raping people for their money.

xJoshua said,
@ McG

Are you KIDDING ME? Are you a paid promoter?!? Everyone knows that Geek Squad and the Best Buy for Business is a total JOKE. They rape the customer out of their money, use pirated software to repair computers, their tech support sucks, their sales tactics are out of bounds, and they a REDICULOUSLY expensive. I once found a really nice briefcase for $169 at Best Buy - loving it I took it home knowing I'd find it cheaper online. I found it online for $64 NEW, brand new, and returned the Best Buy case once I got the other one.

They should burn, period. J search on google and you'll see why they ARE NOT "pretty cool". Heck, I'll side with Microsoft and AOL before Best Buy.

It was a best buy in the 90's, now they are just raping people for their money.

Wow, someone's a bit cranky.

xJoshua said,
@ McG

Are you KIDDING ME? Are you a paid promoter?!? Everyone knows that Geek Squad and the Best Buy for Business is a total JOKE. They rape the customer out of their money, use pirated software to repair computers, their tech support sucks, their sales tactics are out of bounds, and they a REDICULOUSLY expensive. I once found a really nice briefcase for $169 at Best Buy - loving it I took it home knowing I'd find it cheaper online. I found it online for $64 NEW, brand new, and returned the Best Buy case once I got the other one.

They should burn, period. J search on google and you'll see why they ARE NOT "pretty cool". Heck, I'll side with Microsoft and AOL before Best Buy.

It was a best buy in the 90's, now they are just raping people for their money.


Just sharing what I heard. Sorry if it wasn't true, I just wanted to contribute.

glazzz said,

if you have evidence to back that up you should contact the BSA ;)

They were sued by Winternals for using unlicensed copies of ERD. Essentially they bought 1 copy of ERD and distributed to all Geek Squad peeople. Current versions of the Geek Squad recovery CD that are floating around do not show that they are registered to BB in any way, shape, or form.