JULY 16, 2008 -- Optimum Lightpath (search for Optimum Lightpath), provider of advanced Ethernet-based business communications services in the New York/New Jersey metropolitan area, has signed an agreement to acquire 4Connections LLC.
Based in Parsippany, NJ, 4Connections provides voice, data and video services to businesses over fiber. The company, an early supporter of New Jersey's quest for more advanced telecommunications networks, currently connects a significant portion of New Jersey with its secure and reliable fiber-optic network, report Optimum Lightpath representatives.
"The acquisition of 4Connections will significantly expand our network reach and our ability to offer highly competitive, advanced Ethernet-based data, Internet, voice, and managed service products to more New Jersey businesses," contends Dave Pistacchio, executive vice president and general manager of Optimum Lightpath. "We are excited about the opportunity to continue to help drive New Jersey to a leadership position in fiber-optic networking."
"The agreement benefits both companies and provides a great opportunity for our customers and many other New Jersey businesses to benefit from Optimum Lightpath's award winning advanced services," adds Gil Santaliz, president of 4Connections. "We look forward to continuing to be a part of New Jersey's technological future as part of the Optimum Lightpath family."
Consummation of the transaction is subject to certain customary closing conditions.
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