euNetworks has made an inorganic move toward the southeast. Today the pan-European network operator has announced the acquisition of 100% of the shares of Onstage Online GmbH, a long-established Austrian ISP with a substantial fiber footprint.
Onstage owns duct and metro fiber within Vienna that connects up some 16 data centers and more than 200 on-net buildings. Each backbone node is connected to at least two others, enabling true route diversity. The company also has some regional fiber in the surrounding state of Lower Austria as well as relationships with energy utilities and other entities with potential access beyond that current footprint.
euNetworks' international reach already extends into Vienna, stopping in Interxion's facility there. The company added that longhaul reach back in 2017. But this deal gives them the metro infrastructure and local knowledge with which to significantly expand its business in the city. Vienna is a key hub in the region, and could provide euNetworks with a platform to reach into eastern European markets like Budapest and Bratislava in the near future.
Some 90% of the company's revenue comes from dark fiber, wavelengths, and Ethernet, which will fit right into euNetworks' plans. Onstage's Rudolf Lesiak will join the euNetworks management team.