Cogeco to Buy Web Outfit for Biz Services

Cogeco Cable (TSX:CCA) and PEER 1 Network Enterprises (TSX:PIX) have entered into an agreement under which Cogeco Cable has agreed to acquire all of the issued and outstanding shares of PEER 1 for $3.85 in cash per share. The acquisition is intended to increase the scale and reach of Cogeco's IT hosting business with an expanded suite of network and hosting services, particularly to small and medium sized businesses.

PEER 1 is an Internet infrastructure provider specializing in managed hosting, dedicated servers, cloud services and colocation. PEER 1 has 19 data centers and 21 points-of-presence across North America and Europe. Its primary network center and headquarters are located in Vancouver, Canada.

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account.

Related Articles

Grande Communications

Grande Grows Austin-Area Gigabit

September 12, 2014 Grande Communications is expanding its 1 Gbps Internet service to all ne...
SCTE

SCTE, CableLabs Team on Energy Initiatives

September 10, 2014 The SCTE and CableLabs are teaming up to improve energy management for c...
Hitron

Hitron Gateway Gets MoCA 2.0 Cert

September 10, 2014 Hitron Technologies Americas and Entropic (NASDAQ:ENTR) announced Hitron...

BTR Blogs

Ron Hendrickson, Managing Editor

Gigabit: Lots of Talk, not Much Walk ... Yet

August 13, 2014 Announcements about gigabit-speed broadband service, mostly fiber-based,...
Carl Weinschenk

MSOs and OTT: Best of 'Frien-emies'

July 30, 2014 The general sense is that the intense competition between cable operator...
Mark Johnson, Alticast

Guest Blog: RDK Application Framework Considerations

June 18, 2014 Cable operator enthusiasm for the Reference Design Kit (RDK) is growing ...

White Papers & Special Reports

Optimizing DOCSIS 3.1 Networks: The Benefit of Protocol Analysis

October 2014 As many MSOs begin planning their DOCSIS 3.1 deployments, they need to also c...

Implementing Live-to-VOD Services

October 2014 Today, hitting the pause button to take a quick break during a live football...

Pay TV-Optimized OpenStack Platform Maps a Viable MVPD Path to the Cloud

September 2014 Consumer demand for access to pay TV services, wherever they are and no matte...

SPONSORED CONTENT

Guest Blog: RDK Application Framework Considerations

By Mark Johnson, Alticast

Cable operator enthusiasm for the Reference Design Kit (RDK) is growing dramatically - and rightly so - as major operators in North America and Europe are in various stages of deploying RDK-based set-top boxes. The advantages of RDK are numerous...

CONTINUE READING

Sign up for BTR's FREE newsletters

CONNECT WITH US

Webcasts

Expo 2014 Retrospective: A Roadmap for Technology in 2015

Now that we've all had a little time to digest the many events and technologies of SCTE Cable-Tec EXPO 2014, what trends emerge as the hot topics to watch in the coming year? Join BTR Managing Editor Ron Hendrickson and a panel of experts as they run down the trends and pick out the key takeaways from this year's show in a Special Event Webcast.

( November 4, 2014 / 03:00 PM

Featured Hangout

Three Technologies, One Conversation

October 23, 2014

Join BTR in an exclusive Google Hangout for a wide-ranging 30-minute informal discussion of the latest in multiscreen video, home gateways, and testing/monitoring of DOCSIS 3.1 and fiber networks.
Sponsored by Alticast, Hitron Technologies, SCTE, and VeEX.