Sharonville-based Sysborne LLC has prevailed in its battle with rival Cincinnati Voice & Data Communications to acquire the assets of InfiNET Communications, the Blue Ash telecommunications provider, in a bankruptcy-court supervised auction.

        The purchase price for the assets including InfiNET's list of 6,000 customers wasn't disclosed, but it came after three rounds of bidding with Cincinnati Voice & Data in a New York City bankruptcy court Wednesday.

        InfiNET, formerly known as Phoneland, was started in 1982 as a retail phone store. It was shut down in mid-May after its parent, once-flying Teligent Inc., sought Chapter 11 bankruptcy court protection. InfiNET, acquired last year by Teligent, employed 100 and had $15 million in revenues.

        “This is a huge boost for us,” said Bill Carroll, who formed Sysborne last year. His company now employs 30 and expects to add 25 more employees before year-end as it re-establishes InfiNET's presence in Columbus, Lexington and Louisville. Sysborne acquired Mitel, NEC and Panasonic dealerships with the acquisition, which is to be completed Monday.

        Jeff Black, president of Loveland-based Cincinnati Voice & Data, said it bowed out of the bidding because it became too pricey.

        But the 9-year-old company, which also has offices in Dayton, Ohio, said it plans to pursue other acquisitions.

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