euNetworks Group has acquired 100% of the shares of Onstage Online GmbH (“Onstage”), a fibre network operator headquartered in Vienna, Austria.
Onstage, which was founded in 1995 by Robert Dornetshuber, operates a metro network consisting of several rings and running under the pavement and in the sewers in Vienna, Each backbone node is connected to at least two other network nodes, delivering true route diversity. The network directly connects to 16 data centres in the city.
euNetworks owns and operates deep fibre networks in 14 cities across Europe and also operates a highly differentiated long haul network that spans the region.
“The acquisition of Onstage adds further uniqueness to our fibre based infrastructure,” said Brady Rafuse, Chief Executive Officer of euNetworks. “Our long haul network connects into Vienna. The addition of Onstage to euNetworks adds to our metropolitan network portfolio and immediately delivers diversity and reach in this growing market. Vienna is an important internet hub, both for proximity to Germany and also as a hub for eastbound traffic to Asia and the Middle East. This is a highly complementary business to euNetworks and growing our presence in Austria was a logical next step in our development. The combined footprint will deliver immediate value to both existing customers and our new customers that we welcome from Onstage.”
“We are delighted that Onstage has been acquired by euNetworks,” said Robert Dornetshuber, Managing Director of Onstage. “We have a shared vision of the importance of fibre networks and how they should be developed. euNetworks’ bandwidth offering across Western Europe is certainly market leading and their approach to aligning network development and investment with customer needs is very welcome.”
