M&A Deal Summary

Google Fiber Acquires Webpass

On June 22, 2016, Google Fiber acquired communications company Webpass

Acquisition Highlights
  • This is Google Fiber’s 1st transaction in the Communications sector.
  • This is Google Fiber’s 1st transaction in the United States.
  • This is Google Fiber’s 1st transaction in California.

M&A Deal Summary

Date 2016-06-22
Target Webpass
Sector Communications
Buyer(s) Google Fiber
Deal Type Add-on Acquisition

Target

Webpass

San Francisco, California, United States
Webpass, Inc. is an internet service provider for residential and commercial buildings. Webpass offers business Internet connections from 10 - 1000 Mbps and residential Internet connections from 100 Mbps - 1 Gig.

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Buyer(S) 1

Buyer

Google Fiber

Mountain View, California, United States

Category Company
Founded 2010
Sector Communications
DESCRIPTION

Google Fiber, Inc. is a provider of broadband Internet and TV services. Google Fiber starts with a connection that's up to 1,000 megabits per second.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1