BOCA RATON, Fla. -- Host.net, a leading provider of colocation, network transport and transit services, announced today that it has closed on its previously announced acquisition of Nashville, TN based WV Fiber, a global IP transit and MPLS transport company on July 17th 2008.
"We are excited to have closed the acquisition, and now look forward to taking advantage of the new business opportunities the merged entities provide," said Jeffrey Davis, Co-Founder & CEO of Host.net.
Davis also announced that Host.net Co-Founder & CIO Randy Epstein has been named to lead the WV Fiber Division as its President and will re-join the Host.net Board of Directors. Further, Thomas E. Turner, former Chairman of WV Fiber has been appointed to the Board of Directors of Host.net. Peter Marcum, WV Fiber's former CEO will become Chief Strategy Officer of WV Fiber.
Randy Epstein added, "We are already realizing the many synergies between the two organizations and have started to expand the network. We will be opening the Dallas and Toronto markets this quarter, and have a very large expansion planned for Europe as well."
About Host.net
Founded in 1996, Host.net is a global communications and information services company, and is headquartered in Boca Raton, Florida. The company operates a large diverse international fiber-optic based Internet, MPLS and layer 2 backbone, delivered to its customers utilizing a vast number of last-mile options. The company also operates over 16,000 square feet of enterprise-class colocation space in South Florida and provides other vital network services including Disaster Recovery office space, Managed VoIP, and Managed Network Security. To learn more about Host.net, please see the company's web site www.host.net.
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