CLEAREON ACQUIRES METRO ETHERNET SERVICE PROVIDER PANGEA NETWORKS
Cleareon Fiber Networks has acquired metro Ethernet service provider Pangea Networks for an undisclosed fee.
The New York-based dark fibre provider said increasing demand for network capacity, speed and security drove Cleareon to buy Pangea, which operates metro networks in the New York and New Jersey region.
“We are very excited about how this acquisition fits our plans for the future and how well the Pangaea team and assets synergize with Cleareon,” said Cleareon CO-CEO Cliff Kane.
He continued: “Now, in addition to our dark fibre offering, Cleareon is able to provide Ethernet and wavelength services under our service assurance layer.
Cliff Kane, CO-CEO, Clearon, sees a bright future for the new merged entity