Last week, “PacketFront, the pioneer of open-access broadband networking, today announced its US subsidiary, PacketFront Inc., has completed its acquisition of DynamicCity, the operational force behind the groundbreaking UTOPIA initiative.” You can read all about it on the PacketFront web site.
I will provide one quote from the press release that pretty much sums it up:
“This acquisition is about taking the best thinking in North America on open access broadband and public broadband initiatives and combining it under one roof,” said Matt Wenger, President of PacketFront Inc. “Our most important product is our customer’s success and we all know that technology alone does not guarantee that. With the addition of the DynamicCity team we can now offer the local experience, knowledge and capacity our clients need to design, finance, build and manage large-scale, successful open access networks.”
Dennis Egan, from Minnesota-based Cook Hill Girard Associates, does a lot of work with DynamicCity and currently on the Blandin Foundation Light Speed Advisory Board, was good enough to call me today about the merger and what it might mean to us in MN. I will paraphrase he comments below:
It’s always good news when two industry leaders can combine their strengths. Currently PacketFront has 65 percent of the European fiber market. DynamicCity is the only company to not just study – but actually implement – an open fiber infrastructure as large as UTOPIA.
There are multiple projects happening in Minnesota, in the North, South, and Metro areas. Being able to bring the expertise of the newly merged PacketFront and DynamicCity will serve these areas well. It’s an exciting time and an exciting opportunity.
For more information you can reach Dennis at email@example.com or 651-917-6001.