Google Fiber has entered into an agreement to acquire Webpass, a San Francisco-based ISP that was founded in 2003 and offers downlink transmission speeds of up to 1Gbps. Webpass currently operates in the major urban markets of San Francisco, Oakland, San Diego, Miami, Chicago and Boston, as well as the smaller markets of Emeryville, Berkeley, Miami Beach and Coral Gables. The acquired company claims to account for ‘tens of thousands of customers’. The transaction is expected to close this summer, subject to customary closing conditions, including regulatory approvals.
Charles Barr, president of Webpass, commented: ‘On a personal note, I started this company 13 years ago to deliver a simple, high quality internet connection to as many people as possible. Joining Google Fiber will be a great development for our users because the companies share the same vision of the future and commitment to the customer. Google Fiber’s resources will enable Webpass to grow faster and reach many more customers than we could as a standalone company.’