PacketExchange is the leading provider of private network services with Internet economics â€“ providing Global Ethernet, Global Peering, Collaborative Networking, Cloud Networking, Dedicated Internet Access and Internet Transit. Their unique real-time transactional services platform leverages a global private layer-2 MPLS/VPLS and layer-3 IP network to offer a fast, secure, reliable and cost-effective alternative to the public Internet backbone. PacketExchange’s redundant mesh across Europe, North America and Asia and exclusive wide-area peering fabric enable hundreds of access and broadband service providers, digital media, content and web application providers, enterprises and customers to connect directly to their trading partners around the world. PacketExchange is a privately held company headquartered in London, UK with network facilities in Amsterdam, Brussels, Chicago, Dallas, Dublin, Frankfurt, Hong Kong, London, Los Angeles, Manchester, Miami, New York, Palo Alto, Paris, San Francisco, San Jose, Seattle, Secaucus NJ, Singapore and Washington DC.
GTT Acquires PacketExchange For $20 Million In Cash, Debt (techcrunchit.com)