Spacenet Expands Managed Network Services Portfolio
CICAT Networks acquisition allows Spacenet to leverage core network management capacities.
As TMC Net reports, Spacenet, Inc., has acquired an industry counterpart, CICAT Networks, in a landmark move to deliver an expanded variety of managed networks services to its customers. This acquisition comes after many years of building up its broadband network solutions portfolio to include multiple broadband access options and places Spacenet in a position to excel at bringing an optimized method of best serving their customers and further leverage its core network management, call center and field services capacities.
"We are very excited about this deal, Glenn Katz, president and COO of Spacenet, told TMCnet. Spacenet has had an amazing run of activities the last few quarters that all seemed to be leading up to this Integrating the CICAT capabilities into our company will significantly improve the way we can serve our customers and address their networking challenges.