Massachusetts-based Lightower Fiber Networks, a provider of fiber network and bandwidth services, announced this week that it is acquiring Lexent Metro Connect, a provider of dark fiber networks in the New York metropolitan area.
The acquisition is a part of Lightower’s strategy to expand its footprint of fiber networks in the greater New York City region, according to a statement issued by the company. By adding Lexent to the fold, Lightower will add over 150 fiber route miles to its network.
"We continue to see increasing demand for fiber-based networking and connectivity solutions throughout the greater New York City region. Lexent’s network is the premier fiber network in New York City with the most density. It is a natural fit for expanding Lightower’s reach in the region. Lexent’s network also offers many fiber routes that are optimized for ultra low latency solutions to the financial and media industries," said Lightower President and CEO Rob Shanahan.
Terms of the deal were not disclosed. For more information about Lightower, visit www.lightower.com.