CHICAGO -- Global Capacity, the leading connectivity as a service company, today announces the completion of its acquisition of MegaPath’s Network Services business unit, creating a $300 million company uniquely positioned to change how businesses and service providers buy data network connectivity. The acquisition expands and enhances Global Capacity’s award-winning One Marketplace, an innovative platform that leverages a unique combination of aggregation, automation and information to streamline and simplify the process of designing, pricing, procuring and delivering data connectivity solutions.
“Market factors, including Ethernet and cloud growth, and the demand for higher bandwidth applications are creating unprecedented demand for connectivity services,” said Erin Dunne, Director of Research, Vertical Systems Group. “Global Capacity and MegaPath’s combined network and automation systems form a business that eases the process of extending network connectivity.”
Global Capacity’s combination of online applications and global network reach enables efficient, cost-effective fulfillment of connectivity solutions to over 14 million businesses across the U.S. Its innovative systems automate more than 70% of orders from design to bill, setting the standard for efficient and software-enabled services. The platform processes over 26 million connectivity quotes annually, with the One Marketplace analytics engine providing unprecedented visibility and transparency into the highly fragmented global connectivity market.
With ubiquitous network connectivity to and from cloud, Internet, wireless and private networks, the platform leverages 41 Points of Presence (PoPs), 2,007 Central Offices (COs) and over 4,500 last-mile network interconnections to deliver on its brand promise of Connectivity Made Simple to over 20,000 business and over 400 application service providers, telecommunication carriers, managed service providers and system integrator customers.