euNetworks acquires Fibrelac
European bandwidth infrastructure provider euNetworks has acquired Swiss dark fibre network operator Fibrelac.
The move will provide euNetworks with access to Fibrelac’s 360km fibre-optic network, which connects 11 Swiss cities – including capital city Bern and metro cities Geneva and Zurich.
It adds to euNetwork’s 13 fibre-based metropolitan networks, connecting 38 European cities across 9 countries.
Financial details of the deal were undisclosed.
“We are excited to be joining the euNetworks team,” said Fibrelac’s CEO Olivier Crochat. "By joining euNetworks, we will be able to offer our customers greater service options across a wider geography, which we believe adds great value to our trusted customer relationships in Switzerland."
News of the acquisition follows euNetworks’ earlier announcement that it has invested £8 million in its dc connect service, which aims to provide instant, high-bandwidth connectivity to 35 data centres across London. euNetworks is one of the only providers in the UK’s capital to own and operate its own fibre based network, which is said to allow the company greater control over service level performance and enables them to set its own competitive rates.
Brady Rafuse, CEO at euNetworks, said he believes dc connect can play a vital role in the Mayor of London’s Infrastructure Plan 2050, which calls for superfast broadband for 99% of the capital’s properties by 2018.
“By connecting businesses to our own fibre network in London, dc connect will help to achieve this goal by delivering a reliable, scalable and efficient solution in a way that other providers cannot,” he said.