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Google Fiber has entered into an agreement to acquire San Francisco-based Internet Service Provider Webpass.
In a blog post, Charles Barr, President Webpass said that Google Fiber and Webpass share a commitment to creating fast, abundant Internet connectivity in the US. “By joining forces, we can accelerate the deployment of superfast Internet connections for customers across the US,” he said, confirming that Webpass would remain focused on rapid deployment of high speed Internet connections for residential and commercial buildings, primarily using point to point wireless.
The transaction is expected to close this summer, subject to customary closing conditions, including regulatory approvals.
Today, Webpass has tens of thousands of customers across five major markets in the US, and we hope to reach many more in our next chapter with Google Fiber. Webpass will continue to grow its service in current operational cities of San Francisco, Oakland, Emeryville, Berkeley, San Diego, Miami, Miami Beach, Coral Gables, Chicago, and Boston, adding to Google Fiber’s growing list of operational cities,” he advised.
“On a personal note, I started this company 13 years ago to deliver a simple, high quality Internet connection to as many people as possible. Joining Google Fiber will be a great development for our users because the companies share the same vision of the future and commitment to the customer. Google Fiber’s resources will enable Webpass to grow faster and reach many more customers than we could as a standalone company. I’m very much looking forward to this next chapter for Webpass, and let me take this opportunity to once again say thank you to all of our loyal customers. We are thrilled to be on this journey together,” he declared.