Another notable day in telecom history! We are excited to announce that Cleareon, a New York City-based provider of Dark Fiber networks and Lit services, has acquired Pangaea Networks, a provider of metro Ethernet services to carriers, service providers and enterprises throughout the NYC metro and tri-state region. The combination creates a complete optical fiber, Ethernet and wavelength offering for carriers and large enterprise customers.
The increasing demand for network capacity, speed and security drove Cleareon to acquire Pangaea Networks, complementing its existing offering.
“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. Now, in addition to our dark fiber offering, Cleareon is able to provide Ethernet and wavelength services under our service assurance layer,” states Cliff Kane, Co-CEO, Cleareon. “With Pangaea we are in a better position to address existing demand for access and transport, as well as, nascent opportunities in cloud, densification and IoT.”
“My team and I are thoroughly pleased to be onboard at Cleareon,” comments Kevin Rocks, Executive Vice President, Sales & Marketing at Cleareon, formerly of Pangaea. “We are looking forward to enhancing our PANMetro, Ethernet and wavelength products, growing our network to more data centers and most importantly, delivering best of breed services to our customers.”
With the acquisition, Cleareon adds more facilities, more on-net buildings, including across the Hudson River into New Jersey and north into Connecticut. The company continues its rapid expansion into nearby enterprise office buildings, where they will also continue to provide in-building wiring, and collocation (hoteling) services for C-RAN, I-DAS, as well as edge applications.
“Cleareon is committed to serving Pangaea’s customer base, and delivering a world-class experience,” comments Michael Collado, Co-CEO, Cleareon. “We are very pleased to welcome Pangaea’s team to our growing organization, and look forward to continue working in partnership with enterprises and carriers to support their expanding demands for more capacity, faster provisioning of services, and cost-efficient scaling over the coming years.”
Stay tuned to JSA – we will continue to post all the forthcoming news from Cleareon as the company continues to grow.
Visit www.cleareon.com for more information.