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Press Release -- November 22nd, 2010
Source: Sidera Networks
Tags: Colocation, Ethernet, Wavelength

Sidera Networks Acquires Cross Connect Solutions

Expands network reach to address customer demand for carrier-neutral colocation services in Philadelphia

NEW YORK, NY – November 22, 2010 Sidera Networks, Inc., a premier provider of fiber optic-based network solutions, today announced it has acquired Cross Connect Solutions, Inc., a Philadelphia-based carrier-neutral colocation provider.

With the acquisition of Cross Connect Solutions, Sidera will expand its existing colocation service offering and customer base in Philadelphia’s Central Business District.  The addition of Cross Connect Solutions will add 28,000 square feet of colocation space to Sidera’s more than 100,000 total square feet of colocation space.

“We continue to see strong demand for carrier neutral colocation space throughout our footprint.  This transaction allows Sidera to build upon its robust colocation offering, adding one more facility to our 26 existing facilities,” said Mike Sicoli, CEO of Sidera Networks.

“It is clear that the two companies have a shared vision of providing outstanding service and support.  As part of Sidera Networks,  Cross Connect Solutions’ customers will continue to receive the same high level of service and support they have in the past, coupled with the added benefit of working with a provider who has a broader portfolio of services and capabilities,” said Kevin Mulqueen, CEO of Cross Connect Solutions.

“Located strategically at 401 North Broad Street, Philadelphia, PA, this facility is the key telecommunications data center serving Philadelphia and is in the heart of the Sidera footprint.  As such it is a natural extension of our capabilities, and we look forward to serving our customers from that location,” said Felipe Alvarez, President and COO of Sidera Networks.

Terms of the deal were not disclosed.

About Sidera Networks

Sidera Networks, formerly RCN Metro Optical Networks, is the premier 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.

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