M&A Deal Summary

Lightower Fiber Networks Acquires Open Access

On December 13, 2010, Lightower Fiber Networks acquired communications company Open Access

Acquisition Highlights
  • This is Lightower Fiber Networks’ 4th transaction in the Communications sector.
  • This is Lightower Fiber Networks’ 5th transaction in the United States.
  • This is Lightower Fiber Networks’ 4th transaction in New York.

M&A Deal Summary

Date 2010-12-13
Target Open Access
Sector Communications
Buyer(s) Lightower Fiber Networks
Deal Type Add-on Acquisition

Target

Open Access

Farmingdale, New York, United States
Open Access, Inc. is a provider of diverse, cost-effective, customized end-to-end communications solutions. Open Access takes pride in combining integrity with the highest standards of quality and unparalleled personal service.

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Buyer(S) 1

Buyer

Lightower Fiber Networks

Boxborough, Massachusetts, United States

Category Company
Founded 2003
Sector Communications
DESCRIPTION

Lightower Fiber Networks LLC is a fiber network and broadband service provider in the Northeast, offering over 4,600 fiber route miles coupled with comprehensive transport, alternative access, and nationwide long haul services.


DEAL STATS #
Overall 5 of 10
Sector: Communications M&A 4 of 7
Type: Add-on Acquisition M&A Deals 5 of 8
State: New York M&A 4 of 6
Country: United States M&A 5 of 10
Year: 2010 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-30 Lexent Metro Connect

New York, New York, United States

Lexent Metro Connect LLC is a provider of custom built dark fiber networks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-11 Sidera Networks

New York, New York, United States

Sidera Networks, Inc. is a provider of tailored, high capacity communications services that ensure optimal business performance to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, wavelength, internet access, colocation and more. With a fiber optic network leveraging unique rights-of-way that spans from Maine to Virginia, out to Chicago and up to Toronto, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support.

Buy $2.0B