Under the terms of the agreement, Interoute will acquire all VIA NET.WORKS operations in Spain, France and Germany, in addition to all PSINet Europe operations in Germany, France, Belgium, Netherlands and Switzerland.
Combined with Interoute's existing co-location and connectivity portfolio, this acquisition establishes Interoute as one of the foremost Pan-European suppliers of managed hosting and communications solutions specifically designed for enterprise customers. The VIA NET.WORKS portfolio of services that includes security, carrier-class hosting and data-centres, will now be supported by Europe’s best-connected network. Additionally, current customers of both Interoute and VIA NET.WORKS will be able to take advantage of an increasing range of advanced Next Generation Services delivered over Interoute's network.
Interoute’s Executive Chairman James Kinsella commented,” Not only does this acquisition enable us to add thousands of new enterprise customers to the Interoute network, but it provides them with stability and continuity after some turbulent times. The integration of the VIA NET.WORKS business will further strengthen Interoute’s position as a leading provider of services to European enterprise customers and continue our track-record of expansion.”
In addition to improving the quality and range of services offered to customers, Interoute expects to deliver significant cost savings from the newly-combined business, maximising the use of Interoute's existing network infrastructure and through optimising duplicated operations.