Acquisition: OPENFACE Acquires ZEROFAIL, Doubles Fiber Optic Network in Montreal and Adds Wireless Capability
Montreal Internet infrastructure provider doubles capacity, grows team and expands network reach and coverage thanks to 1Gbps wireless, also adding points of presence in New York and Atlanta.
Montreal, November 25, 2015 – OPENFACE announces the acquisition of ZEROFAIL, becoming one of Montreal’s largest provider of Fiber optic connectivity and Internet infrastructure. With this acquisition, Openface is merging Montreal’s fastest Internet service for businesses with one of Canada’s most interconnected networks, ranking 6th out of 1842 providers, outperforming many of the nation’s biggest telecommunications companies.
Network expansion and point-to-point wireless
Moreover, Openface adds point-to-point wireless service to its range of business services, covering the island of Montreal with some areas capable of speeds up to 1 Gigabit per second (Gbps). Furthermore, the service is available in the Metro Toronto area, powered by the multiple data centers where the company is interconnected.
“With the rise of cloud computing services, which pose security challenges, demand for private networks has increased significantly. 5 years ago, we began building our own network whenever it was possible and now, with the acquisition of ZEROFAIL, we’re taking Openface’s capacity and service offering to the next level.” Says Andrew Lassner, Openface CEO.
“We are practically doubling the company’s resources, both from a technological and a human resources standpoint, which allows us to provide even more value for clients and for Montreal businesses who require superior connectivity, high-quality telecommunications services and private networks.”
ZEROFAIL specializes in outsourced IT infrastructure as well as Fiber optic and wireless Internet connectivity. With offices in Montreal, Toronto and New York, the company manages a data center on Nun’s Island and holds numerous technical certifications.
“The complementarity of services, people and technologies between Openface and ZEROFAIL are undeniable. We are delighted to announce this strategic acquisition and have already begun the next phase of Openface’s growth!” Adds Mr. Lassner.
Openface is also gaining a coveted customer list, including Air Canada Cargo, Avis-Budget, Christian Dior, the Department of Defense, Dynamite, Rolls Royce, the Réseau des transports de Longueuil (RTL), Birks & Mayors and many more.
ZEROFAIL’s 20 employees will be integrated into the Openface team over the next few months.
Openface’s service offering, post-acquisition:
- Fiber optic Internet connectivity, up to 10 Gigabits per second (Gbps)
- Private Networks
- Point-to-point Wireless Internet, up to 1 Gbps
- IP telephony for businesses
- Outsourced IT Infrastructure
- Data Centre (N+1)
- Hosted Business Solutions
- Online Backup
Financial details of the acquisition were not disclosed.
Openface Inc. provides telecommunications services for businesses. The company owns and operates a fiber optic network as well as a point-to-point wireless service that covers greater Montreal. Openface specializes in private networks, helping businesses connect all their service points across Canada. The company’s network is consistently ranked fastest in Montreal by NetIndex (speedtest.net).
Founded in 1996 in Montreal, Openface has earned an enviable reputation among IT managers, CIOs and CTOs for the performance of its network and the agility with which the company deploys and connects businesses. With headquarters and a data center in Montreal and offices in Toronto, New York and Bangkok, Openface today employs 70 people and serves over 1,000 clients including Sid Lee, Burger King, Booking.com, CROP, the Palais des congrès de Montreal, Zoom Media and many others.