BINGHAMTON, N.Y. — Plexicomm, LLC, a Binghamton–based internet-service provider, will soon have a new owner.
Rochester–based Greenlight Networks on Tuesday said it has signed an asset-purchase agreement to acquire Plexicomm. Greenlight didn’t disclose any financial details of its agreement with Plexicomm.
Greenlight expects the acquisition to close in the next 30 to 60 days, a company spokesperson tells CNYBJ. At that point, Plexicomm will then operate as Greenlight.
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Greenlight will provide fiber internet services to residents and businesses in Binghamton and across the greater Broome and Tioga County areas.
Founded in 2011, Greenlight Networks says it is an “ultra-high-speed,” broadband-service provider, offering residential and small-business customers internet speeds up to 2 Gigabit per second.
Mark Murphy, CEO of Greenlight Networks, is a Binghamton native.
Upon closing of the agreement, all 12 Plexicomm employees will be employed by Greenlight Networks. Dan English, president of Plexicomm, will serve as the general manager of the greater Binghamton region for Greenlight Networks.
“The need for greater broadband accessibility for residents in this area is greater than ever before as people work and learn more from home,” English said in a statement. “We’re excited about this agreement with Greenlight Networks that will allow continued expansion of critical network infrastructure and services to ensure our region continues to develop and grow as a major technological hub. Importantly, this deal provides growth opportunities for our employees, will speed the pace of our fiber network deployment, and will bring next-level service for our customers.”
Greenlight Networks says its high-speed internet service is currently available to nearly 50,000 homes, small businesses, and multi-dwelling units in 13 municipalities.
