There is some fiber M&A going on out in the Midwest today. Neutral Path Communications has revealed a definitive agreement to acquire Infinity Fiber, LLC in a deal that will extend its reach east and south from Chicago.
Infinity Fiber operates a 300-route-mile network that runs from Indianapolis north to South Bend and west to Chicago. In South Bend it passes through Global Access Point's Union Station Technology Center.
The acquisition adds to Neutral Path's recent expansions of its original build to endpoints in Kansas City and in Chicago, and gives the company a total of about 2,300 route miles in all across eight states. The company's original route was built out between Minneapolis and Omaha, and was expanded out to Denver when the investment group Anderson Pacific joined the effort two years ago.
Financial terms of the acquisition of Infinity were not disclosed, but the deal is expected to close during the third quarter of 2017 - which is of course ends later this week.