M&A Deal Summary

Cogent Acquires Verio - T-1 Internet Access Customers

On December 3, 2004, Cogent acquired communications company Verio - T-1 Internet Access Customers from Verio

Acquisition Highlights
  • This is Cogent’s 11th transaction in the Communications sector.
  • This is Cogent’s 9th transaction in the United States.
  • This is Cogent’s 1st transaction in Colorado.

M&A Deal Summary
Date 2004-12-03
Target Verio - T-1 Internet Access Customers
Sector Communications
Buyer(s) Cogent
Sellers(s) Verio
Deal Type Divestiture

Target

Verio - T-1 Internet Access Customers

Englewood, Colorado, United States
Verio's T-1 Internet Access Customers include more then 2,400 customers across 23 markets.

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Buyer(S) 1

Buyer

Cogent

Washington, District of Columbia, United States
Category Company
Founded 1999
Sector Communications
Employees1,955
Revenue 941M USD (2023)
DESCRIPTION

Cogent is an optical ISP focused on delivering ultra-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 STATS #
Overall 11 of 12
Sector (Communications) 11 of 12
Type (Divestiture) 2 of 3
State (Colorado) 1 of 1
Country (United States) 9 of 10
Year (2004) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-25 Aleron Broadband Services

Virginia, United States

Aleron Broadband Services is an internet service provider serving the Mid-Atlantic US.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 T-Mobile - Wireline Business

Bellevue, Washington, United States

T-Mobile's Wireline Business offers the legacy Sprint U.S. long-haul network that provides an owned network asset to complement and eventually replace Cogent's current leased network and provides the ability to expand its product set, including the sales of optical wave transport services to new and existing customers.

Buy -

Seller(S) 1

SELLER

Verio

Englewood, Colorado, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Verio, Inc. is a provider of web hosting and managed services to small- and medium-sized businesses.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 2
State (Colorado) 1 of 1
Country (United States) 1 of 2
Year (2004) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-09 Internet Servers

Utah, United States

iServer is a Web-hosting company with more than 25,000 Web site customers and 1,500 resellers in 60 countries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-26 Verio - non-Cloud Assets

United States

Verio's non-Cloud assets includes the Verio's retail business.

Sell -
Mergr

Product

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