The global communications provider Epsilon is making a play for more of the US marketplace via an inorganic path. Epsilon revealed this morning that it has acquired the assets and operations of Metcom Network Services, adding to its assets and capabilities in none other than New York City.
Metcom offers a combination of colocation, interconnection, and dark fiber services across the NYC marketplace. More specifically, Epsilon gains colo space and interconnection capabilities at both 60 Hudson and 75 Broad Street as well as PoPs at the other key hubs of 111 8th Avenue and 32 Ave of the Americas. Those assets will help Epsilon boost its North American presence up toward the depth they have in other global hubs like Singapore and London.
Epsilon CEO Jerzy Szlosarek was interviewed here on Telecom Ramblings just a couple weeks ago, and in response to a question about potential M&A he stated:
We've looked at a number of targets over the last few years. But it's important to understand what our value is and consider what is the right kind of company for us to get involved with. We would want those that help us get into new geographies or that provide us with a strategic asset that would add value to our effort -- whether fiber or colocation or a software platform.
The company has long kept to the organic side of things, but with the introduction of their CloudLX platform last year they have been finding some traction in the cloud connectivity market. Adding additional assets in the US will likely allow the company to more quickly capitalize on those opportunities than they might have done organically.