Google Fiber To Acquire Webpass Internet Services
by Laurie Sullivan @lauriesullivan, June 23, 2016
Google Fiber has entered into an agreement to acquire San Francisco-based Webpass in an effort to create faster Internet connectivity in the U.S. It also will allow Google to deliver a combination of fiber and wireless services.
The acquisition — the first publicly announced by the Alphabet subsidiary — will give Google Fiber a boost in dense, urban areas, rather than having to build everything from scratch.
Google Fiber announced the acquisition in a Twitter Tweet. The transaction is expected to close in summer 2016, subject to customary closing conditions and regulatory approvals.
“By joining forces, we can accelerate the deployment of superfast Internet connections for customers across the U.S.,” wrote Charles Barr, president of Webpass, in a blog post. “Webpass will remain focused on rapid deployment of high speed Internet connections for residential and commercial buildings, primarily using point to point wireless.”
Webpass runs its own Ethernet network, removing the dependence on phone and cable companies.
Barr, who founded the company 13 years ago, boasts that Webpass has tens of thousands of customers across five major U.S. markets such as San Francisco, Oakland, Emeryville, Berkeley, San Diego, Miami, Miami Beach, Coral Gables, Chicago, and Boston, adding to Google Fiber’s growing list of operational cities.
The company supports business Internet connections from 10 Mbps to 1,000 Mbps and residential Internet connections from 100 Mbps to 1 Gig.
Google offers Fiber in Provo, Austin, Kansas City, Nashville, and Atlanta, with plans to offer service in Salt Lake City, San Francisco, San Antonio, Huntsville, Charlotte, Raleigh Durham, and others.
MediaPost.com: Search Marketing Daily
(24)
