Google Fiber announced that it is talks with the 13-year-old internet service provider (ISP) Webpass for an acquisition. Webpass is a high-speed internet provider with a well established network in highly dense urban areas.
The acquisition will help Google beef up its wireless and fiber delivery of Internet and expand business to new markets. Google Fiber has built its own fiber network with help from local authorities in many cities but Webpass’ network is expected to give it an edge against rivals.
Webpass declined to provide any details on the cash involved, while Google couldn’t be immediately reached for comment. Another asset of Webpass is its Ethernet network in San Francisco which made it independent from local phone and cable operators.
Webpass’ networks include Miami, San Diego, Boston, Berkeley, Chicago, Oakland, and San Francisco. The company provides high speed Internet to businesses and residential users. For companies it has an offer of connections ranging from 10 to 1,000 Mbps, while for other users connections can reach 1Gbps.
Google Fiber is also present in San Francisco and it is now in talks with building owners located close to its fiber network to consider connecting their residents to wireless high-speed Internet.
Google Fiber combines fiber and wireless technologies to minimize costs and hassles with authorities. The combined technologies can also deliver Internet service to remote residential areas without the need of having a fiber network there.
Two months ago, Google was given the approval to test out short-range wireless connections across Kansas City. If the experiment is successful, Google Fiber will expand its reach to key parts outside its fiber network.
But the recent acquisition will further help Google in its expansion efforts. Webpass boss Charles Barr wrote in a blog post that announced the deal that Google would help the business reach more customers than Webpass could have ever done it on its own. The acquisition is also expected to help the business grow faster, Barr said.
He added that the deal, which is expected to finalize in this summer, will not alter day-to-day operations, the service or pricing plans in the “foreseeable future.” The two companies are reportedly working on gaining regulatory approval and other standard closing conditions.
Google Fiber covers just five U.S. cities, but it has plans to expand to at least 20 more.
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