Business acquisition

Apr 1st, 1995

Business acquisition

Intermedia Communications of Florida Inc., Tampa, has acquired Fibernet USA and Fibernet Cincinnati, a fiber-based competitive access provider. With the completion of the transaction, which was valued at $14.5 million, Intermedia acquired fiber-optic networks in Cincinnati and in Raleigh/Durham/Research Triangle Park, NC. Also included in the package are networks under development in St. Louis, MO, and Huntsville, AL.

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II-VI closes Finisar acquisition
A delay in approval from the State Administration for Market Regulation of the People’s Republic of China (SAMR) delay the closing of the $3.2 billion acquisition, first announced on November 9, 2018, from its original target of mid-2019.
Sep 27th, 2019
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China approves II-VI/Finisar deal, closing date set
II-VI Inc. has finally received approval from the State Administration for Market Regulation of the People’s Republic of China (SAMR) for the company’s planned acquisition of Finisar Corp. – with a small catch.
Sep 20th, 2019
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Bluebird Network closes sale to Macquarie Infrastructure Partners, expands fiber network
The deal immediately expands Bluebird Network’s fiber footprint in the Midwest, thanks to a tie up with REIT Uniti Group Inc.
Sep 9th, 2019
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Vast Broadband buys NTS with help from new funding
The purchase expands Vast’s residential and business services customer list by more than 20,000.
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Grain Management to buy Hunter Communications
Founded in 1992, Hunter provides data and voice service to residential and business customers in southern Oregon and parts of northern California.
Aug 22nd, 2019
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Grain Management to buy Florida’s Summit Broadband
The purchase, which is subject to customary closing conditions and regulatory approvals, is expected to close during the fourth quarter of this year.
Aug 19th, 2019
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II-VI to refile Finisar purchase approval request with Chinese authority
The company says the action should not adversely affect the review process of the deal, which II-VI management now expects to close this fall.
Aug 19th, 2019
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Hargray continues buying spree with Kingsland Cable/Internet
The deal will expand Hargray's network in the Southeast – a footprint that has grown with the recent acquisitions of Dark Fiber Systems, the Alabama footprint of USA Communications, and ComSouth since May 2018.
Aug 13th, 2019
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Utility Telecom Group buys Freeway Communications
Utility Telecom Group, LLC has announced that it has begun integration of Los Angeles based broadband provider Freeway Communications, LLC after reaching an acquisition agreement this past February.
Aug 12th, 2019
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eStruxture to buy Shaw Communications’ Calgary-1 data center
The two companies also signed a complementary agreement whereby Shaw will maintain a wholesale relationship with eStruxture and resell colocation services through the Calgary-1 data center facility.
Aug 6th, 2019
CEO Michael Hurlston will Finisar before the close of the company's sale to II-VI.
Finisar CEO Hurlston to depart before sale to II-VI closes
Aug 5th, 2019
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II-VI: Timer on Chinese approval of Finisar buy hasn’t rung yet
Aug 1st, 2019
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GTCR, Mega Broadband Investments strike again with Vyve Broadband acquisition agreement
Aug 1st, 2019
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GTCR, Mega Broadband Investments to acquire broadband assets of Eagle Communications
Jul 30th, 2019