Earthlink Finalizes Acquisition of New Edge Networks
Denise Pappalardo writes on NetworkWorld:
Earthlink Thursday finalized its deal to buy New Edge Networks for $144 million.More here.
Earthlink is using 2.6 million shares and $114.3 million in cash to acquire New Edge, which provides managed VPN and Internet access services for business customers and service providers.
The companies originally announced their plans in December.
Privately held New Edge operates a national data network that runs over an ATM core with 850 carrier class switches, the service provider says. The company also offers DSL, private line, frame relay, ATM and IP services.
posted by Fergie @ 4/14/2006 08:39:00 AM
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