|
2005-10-25
Interoute Completes Its Strategic Acquisition of VIA Networks
NEW YORK, Oct 24, 2005 /PRNewswire via COMTEX/ -- Interoute, owner and operator of the most advanced voice and data network, today announces that it has completed the acquisition of publicly-traded VIA Networks and its operations in Spain, France and Germany, in addition to all PSINet Europe operations in Germany, France, Belgium, Netherlands and Switzerland.
Over the past few years Interoute has made several acquisitions to enhance its business. These acquisitions have fallen into 3 distinct strategic categories -- acquisitions that have added density to the existing network infrastructure (Ebone), acquisitions that have added applications and services to drive network traffic (Virtue Media Services) and then acquisitions that have increased the reach of the existing network outside its existing footprint (CeCom).
The acquisition of VIA Networks provides applications and services to drive additional network traffic as well as a 19,000-strong company base of customers and revenue. It further enhances Interoute's product portfolio, notably Managed Hosting and Managed Security, such that the newly enlarged portfolio combines Data, Voice and Hosting services, offered over a uniquely large geographic footprint -- no other provider offers this range of services across Europe. The acquisition dramatically improves Interoute's ability to serve the Enterprise market.
Interoute's Executive Chairman James Kinsella commented, "Concluding this acquisition is an important milestone in further confirming Interoute's credentials as Europe's leading Next Generation Services company. We are confident that our innovative portfolio of services will not only benefit our newly enlarged community of customers, but will attract further customers wishing to benefit from better service performance and superior customer service."
About Interoute
Interoute is one of the fastest growing telecom providers and owner operator of the continent's most advanced and densely connected voice and data network. It delivers intelligent, customer-controlled network services to a diverse range of businesses including carriers, mobile operators, service providers, enterprise customers and governments. With established operations throughout mainland Europe and North America, Interoute also owns and operates dense city networks throughout Europe's major business centers. http://www.interoute.com .
SOURCE Interoute
Back to News Headline Page
|
|
|
|
|