Add-on Acquisition • Communications

Cogent Acquires Fiber Network Solutions

On February 28, 2003, Cogent acquired communications company Fiber Network Solutions

Acquisition Context

This is Cogent’s 6th transaction in the Communications sector.
This is Cogent’s 6th transaction in the United States.
This is Cogent’s 1st transaction in Ohio.

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M&A Deal Summary
Date	February 28, 2003
Target	Fiber Network Solutions
Sector	Communications
Buyer(s)	Cogent
Deal Type	Add-on Acquisition

Target Company

Fiber Network Solutions

Columbus, Ohio, United States

Fiber Network Solutions, Inc. is a provider of Internet service to businesses located in Ohio, Michigan and Pennsylvania. As part of the deal, Cogent also acquired five colocation facilities including those located in Columbus, Pittsburgh, PA and Detroit, MI.

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Buyer Overview 1

Buyer

Cogent

Washington, District of Columbia, United States

Category	Company
Founded	1999
Sector	Communications
Employees	1,955
Revenue	1.0B USD (2024)

DESCRIPTION

Cogent is an optical ISP focused on delivering high-speed Internet access and transport services to businesses in the multi-tenant marketplace. Cogent was founded in 1999 and is based in Washington, District of Columbia.

Deal Context for Buyer	#
Overall	6 of 12
Sector: Communications	6 of 12
Type: Add-on Acquisition	3 of 7
State: Ohio	1 of 1
Country: United States	6 of 10
Year: 2003	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2002-09-12	FiberCity Networks Newark, New Jersey, United States FiberCity Networks is a provider of Internet and Optical Ethernet services headquartered in the New York Metropolitan Area.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2002-09-12

FiberCity Networks

Newark, New Jersey, United States

FiberCity Networks is a provider of Internet and Optical Ethernet services headquartered in the New York Metropolitan Area.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2004-01-06	LambdaNet Communications France S.A.S. Paris, France LambdaNet Communications France S.A.S. is a pan-European carrier's carrier offering point-to-point and Internet connectivity solutions to businesses.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2004-01-06

LambdaNet Communications France S.A.S.

Paris, France

LambdaNet Communications France S.A.S. is a pan-European carrier's carrier offering point-to-point and Internet connectivity solutions to businesses.

Buy

Explore Related M&A Activity

Communications M&A - Add-on Acquisition M&A Deals - Ohio M&A - United States M&A - 2003 M&A