Incompas (Fall 2016) Day Show Daily

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« 2 8 » THE INCOMPAS SHOW I OCTOBER 23-25, 2016
THE INCOMPAS SHOW
Cleareon Acquires Pangaea to Create Powerful Option
for Service Providers and Enterprises in NYC Metro
, a New York City-based provider
of dark fiber networks and lit services,
has acquired Pangaea Networks, a
provider of metro Ethernet services to carriers,
service providers and enterprises throughout the
New York City metro and tri-state region.
The combination creates a complete optical
fiber, Ethernet and wavelength offering for
carriers and large enterprise customers.
The increasing demand for network
capacity, speed and security drove Cleareon
to acquire Pangaea Networks, complementing
its existing offering.
“We are very excited about how this acquisi-
tion fits our plans for the future and how well
the Pangaea team and assets synergize with
Cleareon,” said Cliff Kane, co-CEO. “Now, in
addition to our dark fiber offering, Cleareon
is able to provide Ethernet and wavelength
services under our service assurance layer,
and with Pangaea we are in a better position to
address existing demand for access and trans-
port, as well as, nascent opportunities in cloud,
densification and Internet of Things (IoT).”
Cleareon’s Executive Vice President for Sales
and Marketing, Kevin Rocks, who formerly was
with Pangea, added, “My team and I are thoroughly
pleased to be onboard at Cleareon. We are looking
forward to enhancing our PANMetro, Ethernet and
wavelength products, growing our network to more
data centers and most importantly, delivering best
of breed services to our customers.”
The provider connects to thousands of large
enterprise buildings, carrier hotels, peering facil-
ities and data centers in New York, New Jersey
and Connecticut – extending globally through
established interconnection agreements.
“Cleareon is committed to serving Pangaea’s
customer base, and delivering a world-class
experience,” said Michael Collado, co-CEO. “We
are very pleased to welcome Pangaea’s team
to our growing organization, and look forward
to continue working in partnership with enter-
prises and carriers to support their expanding
demands for more capacity, faster provisioning
of services, and cost-efficient scaling over the
coming years.”
The Cleareon network consists of the highest
quality fiber, connecting some of the most
popular facilities in Manhattan. With the acquisi-
tion, Cleareon adds more facilities, more on-net
buildings, including across the Hudson River
into New Jersey and north into Connecticut.
As a network services provider, the company
is pioneering a new, transparent way of doing
business. It continues its rapid expansion into
nearby enterprise office buildings, where it will
continue to provide in-building wiring, and collo-
cation (hoteling) services for C-RAN, I-DAS, as
well as edge applications. p
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