November 1, 2001--Williams Communications (Tulsa, OK) has signed an asset purchase agreement to obtain the fiber-optic network, intellectual property, and Internet protocol capabilities of CoreExpress (St. Louis, MO). Financial terms were not disclosed.
Established in August, 1999, CoreExpress offers value-added services to complement traditional services offered by ISPs. These value-added services advance demand by transforming the Internet into a viable transport and exchange medium for premium data where consistency, speed, and reliability are critical.
When Williams communications implements the CoreExpress Extranet Viewer service management technology, for example, Williams Communications� virtual private network (VPN) customers will, for the first time, have the ability to view and measure network performance.
Matt Bross, chief technology officer for Williams Communications stated that the CoreExpress network was built on the Williams Communications infrastructure. Since the assets of CoreExpress use compatible network gear, Williams will be able to seamlessly integrate CoreExpress equipment into its own network, achieving quicker time-to-market, and accelerating development of advanced IP products by approximately 18 months.