Thursday, March 31, 2011

Lightower Completes Acquisition of Open Access Inc.

Lightower Fiber Networks, a leading metro fiber network and bandwidth service provider, completed its previously announced acquisition of Open Access Inc., a provider of diverse, cost-effective, customized end-to-end communications solutions, based in Farmingdale, NY.

With the acquisition of Open Access, Lightower expands its network and customer base throughout Long Island and the greater New York City region. This expansion adds backbone fiber to Lightower's already dense Long Island network and also adds access to over 230 commercial buildings and data centers throughout the region.

  • Lightower Fiber Networks is backed by M/C Venture Partners, Pamlico Capital, and Ridgemont Equity Partners. In 2007, M/C Venture Partners and Pamlico Capital together acquired Lightower.

  • In 2008, Lightower acquired DataNet Communications and KeySpan Communications.

  • In 2010, Lightower acquired Veroxity Technology Partners and Lexent Metro Connect.

  • Earlier in 2011, Lightower signed an exclusive network agreement with NSTAR Communications, which further enhanced the reach and density of Lightower’s all-fiber network in downtown Boston and in the surrounding greater Boston area.