Web hosting provider SupraNet Communications has announced its acquisition of Mad City Broadband, a member of the Metropolitan Unified Fiber Network (MUFN), specialized in high-speed wireless and fiber optic networks, including operating and managing a municipal wireless network in the City of Madison and the Dane County Airport.
Effective January 1, 2013, Mad City Broadband will be renamed SupraNet Communications, Inc. and all current services and clients will be transferred to SupraNet accordingly. A visit to Mad City Broadband’s website now re-directs to Supranet’s PR regarding the acquisition.
Over the course of the few months, SupraNet will be working to integrate with Mad City Broadband’s networks and technical support departments.SupraNet will benefit significantly from the acquisition of Mad City Broadband as it can can now provide small and medium sized businesses more cost-effective and reliable high-speed wireless and fiber optic Internet solutions. They will also be able to increase their geographical penetration and diversify their current scope of services while continuing to offer competitive prices backed by unmatched customer service.
What is interesting to note is that, none of the companies involved have disclosed the financial terms of the acquisition.
2012, as we reported a few days earlier, has already been an year rife with mergers and acquisitions throughout the web hosting industry.
About SupraNet Communications:
Established in 1994, SupraNet Communications provides a range of managed services, including web hosting, email services, colocation, Internet connectivity, virtual hosting, network and security consulting and disaster recovery. The company has gained a solid reputation as one of the most reliable and secure Internet networks available. For more information, visit www.supranet.net .