Cogent Communications has acquired the Internet service business of Fiber Network Solutions, a privately-held service provider based in Columbus, Ohio. FNSI provides Internet service to some 400 businesses located in Ohio, Michigan and Pennsylvania. As part of the deal, Cogent also acquired five colocation facilities. All customer traffic has been migrated onto Cogent’s optical IP backbone. Financial terms were not disclosed.
http://www.cogentco.com
- In September 2002, Cogent acquired network assets in New York City from FiberCity Networks. The deal included FiberCity’s customer base and its building access agreements.
- In April 2002, Cogent Communications acquired a significant portion of the portfolio of real estate access agreements from OnSite Access, a BLEC communications provider that filed for Chapter 11 bankruptcy protection. Also that month, Cogent acquired a majority of the U.S. assets of PSInet for $10 million.