Franklin Telecom to Buy Malibu Internet Services

Franklin Telecom of Westlake Village has struck an agreement to acquire Malibu Internet Services.

Malibu Internet is involved in advanced Web page authoring and development. Franklin Telecom designs and manufactures communications devices and software.

Franklin will absorb Malibu Internet’s employees.

“With the ongoing Internet explosion, the demand for Web pages that are creative, attractive and tailored to meet exact specifications of both individuals and corporate identities is expanding rapidly,” said Franklin President Frank Peters. “We are seeing the beginning of a revolution in the way we can conduct business. Our customers can have us develop secure credit card information . . . so the user can place an order directly over the Internet.”

Paul Sper, head of Malibu Internet, said the merger will benefit both companies.

“Our Web authoring and graphics skills combined with Franklin’s aggressive expansion into the Internet marketplace make for an exciting future,” Sper said.