Wednesday, August 8, 2007
Packfront Acquires Dynamic City
PacketFront, a provider of open-access broadband networking, announced Tuesday that its U.S. subsidiary, PacketFront Inc., has completed its acquisition of Dynamic City, the operational arm of Utah's high speed, fiber-optic UTOPIA network. Terms of the deal were not disclosed. PacketFront said it will integrate its North American operations within the next several months, with its Lindon, Utah, facility emerging as the primary operations center and its new Denver location serving as its management and sales office. The UTOPIA network is an initiative created by 14 Utah cities that joined together to provide wholesale, open-fiber network services to businesses and residences. PacketFront's international headquarters are in Stockholm, Sweden.