Tuesday, August 18, 2015

Integra Expands West Coast Fiber Footprint with opticAccess

Integra agreed to acquire opticAccess, which provides high-capacity, fiber-based connectivity solutions for large enterprise and domestic and international carrier customers through its 3,500 route mile network.

The opticAccess network stretches from Seattle to San Diego, with the majority of its metro fiber route miles in the Bay Area and Los Angeles metro areas.

Integra said the acquisition strengthens its western metro fiber network footprint. Following the transaction, Integra will have dense, unique metro fiber routes in all major western markets, enhancing Integra's ability to serve high-demand end-user markets including content and technology providers, financial services companies and international carriers (including the Asia-Pacific market), in high-demand geographies such as the Bay Area. Integra estimates that, following the acquisition, its addressable near-net demand (defined as telecom spend within 2,500 feet of its more than 4,000 route mile metro fiber network) will increase by approximately 40 percent, and it will have sizable additional opportunities within reach as it continues to expand and build its network.

"OpticAccess has become a trusted provider to many leading enterprises, as well as regional, national and international carriers with our unique routes along the West Coast and a high-touch customer service philosophy," said Brady Adams, CEO of opticAccess. "Our network assets and business focus are well aligned with Integra, offering a solid fit to accelerate their growth throughout the region."

"The acquisition of opticAccess reinforces Integra's fiber-centric network investment and growth strategy, and reaffirms our standing as one of the largest regional fiber network operators in the United States," said Robert E. Guth, CEO of Integra. "The combined assets of the two companies will significantly expand Integra's network reach and improve our ability to deliver the high-bandwidth, high-reliability network solutions that our sophisticated wholesale, government and enterprise customers demand."

http://www.integratelecom.com/

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