Northeastern fiber operator Sidera Networks is said yesterday that it will be providing connectivity out to ancotel's facility out on Long Island. This is the former LIDARC facility at 1025 Old Country Road in Westbury, NY that German-based ancotel purchased last summer. It is their gateway to transatlantic and Latin American cable landings along the Long Island shore, and has connectivity through Brooklyn and Staten Island into New Jersey without setting foot in Manhattan. Sidera's purchase of the Long Island Fiber Exchange over the winter gives them the depth to the east of New York City to easily bring the building on-net, the completion of which is expected to come in August.
Sidera has also been actively expanding its Chicago footprint to the western suburbs, and is also now reselling Spread's ultra low latency connectivity between New Jersey and 350 Cermak in Chicago. When you put those pieces together with the unconventional bypass around New York, you get a unique, low latency direct route between Long Island and Aurora in the western suburbs of Chicago that bypasses Manhattan. Sidera is integrating that capability into its financial services offerings. Throw in their recent partnerships with Colt and Exponential-e, and they are clearly working very hard to tune their pitch to the financial vertical.
With the AboveNet rumors lately, Sidera's status as a likely metro fiber buyout candidate has slipped a bit from the headlines. However, if indeed ABRY is looking to make a deal then the company's assets are a prime target for several strategic buyers.
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