Show sponsor American Telesis (Booth 602), a facilities-based carrier offering a suite of data and IP products across the United States and Canada, announces it has acquired Synergy Networks, a New York City-based company providing network services to firms within the financial industry.
The privately held Synergy Networks specializes in providing trader voice circuits and larger private lines connecting multiple offices for financial companies.
We are excited about the consistent and continued growth here at American Telesis, says Monica J. Bauer, vice president of operations. Our network has been strengthened by increasing our partnerships with other providers and the integration of the Synergy Network. This growth augments the options we can offer our agents for end-to-end network solutions.
Heather Selbert, managing director of operations for American Telesis, says the acquisition means the addition of PoPs in New York City and Chicago to the companys network as well as the addition of customers in the financial market already a strong vertical focus for American Telesis.
By acquiring Synergy Networks, we are adding some redundancy and expanding the backbone, reducing internal costs, which impacts pricing, Selbert says, noting agents already are seeing lower rates in New York and California quotes. Selbert says the acquisition, which was accomplished without incurring debt, also signals to agents the company is strong and growing.