Blog Post

Globix merges with NEON

Globix, back from the dead is now merging with Neon Communications of Westboro, MA. As a result of the merger, Globix doubles its size with respect to employees and revenue while acquiring a fiber-optic network footprint that spans the Washington/Boston corridor, complementing its already-impressive global backbone. The company will have combined revenues of about $110 million, 1,500 customers, a quarter-million mile fiber optic network, and some much needed cash. I had heard that Cogent was desperately trying to buy NEON, but I guess Globix won the sweepstakes.