financial services connectivity Archives - JSA

Lightower to Merge with Sidera Networks

By Jaymie Scotto|2012-12-27T19:08:37-05:00December 27th, 2012|Categories: bandwidth, Bandwidth Infrastructure, Broadband, broadband connections, broadband infrastructure, business acquisition, c-level, colocation, Commercial Real Estate Technology, content delivery network, Data Center, fiber, Financial, Financial Exchange, Government, healthcare, high frequency traders, higher education, Innovating Intra & Inter-Regional Connectivity, interconnection, Internet, Internet Service Providers, internet traffic, IP Solutions, IP transit, IP-based video, low latency, Low-Latency Network, network route, Optical Networking, Optical Transport, Telecom, Telecommunications, Wholesale Carrier, Wholesale Telecom|Tags: Acquisition, Berkshire Partners, colocation, data center connectivity, fiber network, fiber optics, financial connectivity, financial services connectivity, financial services network, interconnect, interconnections, Lightower, Lightower Fiber Networks, low latency transport, Low-Latency Network, M&A, merger, Mike Sicoli, optical network, optical transport, rob shanahan, Sidera, sidera networks|

Lightower Fiber Networks and Sidera Networks announce they have signed a definitive agreement for a transaction valued at over $2 billion led by Berkshire Partners, a Boston-based investment firm, and management, to acquire and merge both companies. Current Lightower CEO, Rob Shanahan, will lead the new combined company, which will be called Lightower.The merger is expected to close in the second quarter of [...]