PacketExchange will acquire Mzima Networks, a move that will merge the companies’ customer bases and operations. PacketExchange says the combined company will offer a new, global, next-generation IP and WAN network with services to more than 500 customers and hundreds of points of presence in more than 100 countries worldwide.
PacketExchange, a London-based company, has an extensive global network footprint that leverages its 10 Gigabit backbone to provide global Ethernet private line services, MPLS and VPLS networking and peering services. Mzima owns and manages a private, optical long-haul network serving as the foundation for an Ethernet-over-PBB-TE mesh architecture and its optical IP transit network.
“With the fast pace of market evolution towards global Ethernet utilization and Cloud Connectivity, we aim to be at the forefront of service delivery for these new network architectures,” states Rick Mace, chief executive officer of PacketExchange. “This combined entity catapults us into a leadership position, offering our customers and strategic peering partners expanded network reach across one of the most advanced high performance networks in the world.”
Grant Kirkwood, a ten-year veteran in IP communications and CTO of Mzima Networks, will serve as chief technology officer for the newly merged company. He will oversee the complete integration of each company’s network, creating a ubiquitous and seamless global architecture to support clients’ needs and to position PacketExchange for further growth.
“There are tremendous synergies between the two companies, including our complimentary network footprints and IP service offerings,” said Kirkwood. “The newly combined company is optimized to offer its state-of-the-art architecture for next generation services and global innovation specifically served through our content delivery network, IP transit, global Ethernet transport services and global peering capabilities – the core of our network strength.”