PacketExchange, the next generation network service provider with coverage in Europe, the United States and Asia, today announces it will acquire Mzima Networks, a premier high-performance network service provider, and will merge both companies' customer base and operations. The combined entity will offer a new, global, next-generation IP and WAN network and services with over 500 customers and hundreds of points of presence in over 100 countries worldwide.
PacketExchange, a London-based company, has an extensive global network footprint that leverages its 10 Gigabit backbone to provide global Ethernet private line services, MPLS and VPLS networking and peering services. Mzima owns and manages a private, optical long-haul network serving as the foundation for an Ethernet-over-PBB-TE mesh architecture and its highly resilient optical IP transit network. The combined company now offers hundreds of network points of presence and peering partners to over 100 countries globally.
"With the fast pace of market evolution towards global Ethernet utilization and Cloud Connectivity, we aim to be at the forefront of service delivery for these new network architectures," states Rick Mace, Chief Executive Officer of PacketExchange. "This combined entity catapults us into a leadership position, offering our customers and strategic peering partners expanded network reach across one of the most advanced high performance networks in the world."