MegaPath

MegaPath
Company typePrivate company
IndustryTelecommunications
Founded1996; 28 years ago (1996)
HeadquartersAtlanta, Georgia, Georgia, U.S.
Key people
Brian Crotty, CEO
ProductsVoice, Unified Communications, Ethernet, Data communications, MPLS, security, cloud computing
OwnerFusion Connect
Number of employees
300+
Websitewww.megapath.com

MegaPath was a business telecommunications company. In 2018, MegaPath was acquired by cloud service provider Fusion Connect for $71.5 million.[1][2] Founded in 1996, it provides a voice, unified communications, internet access, Managed Security Services, and cloud computing services to carrier and service-provider businesses in the United States. The company was headquartered in Pleasanton, California.[3]

History

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The company was founded in 1996. Over the next several years the company made acquisitions of other vendors: Phoenix Networks in 2000,[4] Epoch Networks in 2002,[5] TManage in 2003,[6] the services operation of Aventail Corporation in 2005,[7] IP Merchant Solutions in 2007,[8] and DSL.net in 2009.[9]

In 2010, MegaPath acquired the voice communications specialists Speakeasy and the network provider Covad, which they merged with their existing portfolio of MPLS and managed services to form a single company.[10] [11]

In 2012 the company acquired IP5280.[12] and also completed a nationwide Ethernet over copper (EoC) network expansion.[13]

In 2014, MegaPath launched its Unified Communications service. Around the same time, the Chicago-based services company, Global Capacity, announced a definitive agreement with MegaPath to acquire MegaPath's Wholesale Network Services business unit.[14] MegaPath and Global Capacity finalized this transaction on January 6, 2015. Upon closing of the transaction, MegaPath announced it will focus on driving growth and expanding its core value-added Voice, Data, Security and Cloud services.[citation needed]

In 2015, the company sold its wholesale division, along with a portion of its managed services business to Global Capacity,[15] and announced plans to focus resources and investments more heavily on the high-growth cloud and unified communications markets.

In 2018, MegaPath was acquired by cloud service provider Fusion Connect, a telecom company previous called Fusion Telecommunications International,[16] for $71.5 million.[17][18]

Voice services

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MegaPath offered hosted voice services for single-site and multi-site businesses. Its voice services support calling features including find me/follow me, visual voicemail, call recording and mobile integration, aiming to reduce the costs and complexity of managing and maintaining a PBX. Its SIP trunking and enterprise trunking services are designed to allow customers to use the features of VoIP with their existing PBX equipment.[citation needed]

In July 2014, MegaPath announced a partnership with CounterPath Corporation to deliver CounterPath Bria desktop, tablet and mobile unified communications services through MegaPath's Hosted Voice service. The Unified Communications solution include presence, instant messaging, screen sharing collaboration, text messaging, fixed-mobile convergence, and video conferencing.[19]

Cloud services

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MegaPath Cloud services included cloud hosting, hosted exchange, hosted data backup, and hosted Microsoft SharePoint.[citation needed]

Managed security services

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MegaPath offered security services such as private networking, which include MPLS, IPsec and SSL VPN services for connecting geographically distributed and mobile workforces. MegaPath also provided unified threat management services which include anti-virus and anti-spyware protection, intrusion detection, and web filtering. The company also offered Compliance Services that solves log, vulnerability, and security information management issues, such as PCI compliance.[citation needed]

References

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  1. ^ "BRIEF-Fusion Announces Definitive Agreement To Acquire Megapath". U.S. Retrieved 2018-05-10.
  2. ^ "News of Note—BT to trim headcount by 13K; Fusion scoops up MegaPath for $71.5M; ZTE shutters main operations". www.fiercetelecom.com. Retrieved 2018-05-10.
  3. ^ "MegaPath Corporate Overview". MegaPath.
  4. ^ "Phoenix Networks sold BY TO TOto MegaPath Oct 26, 2000. St. Louis Business Journal". St. Louis Business Journal.
  5. ^ "MegaPath acquires Epoch Networks, October 16, 2002. Bloomberg". Businessweek.com. Archived from the original on May 9, 2013.
  6. ^ Christina Torode. "MegaPath acquires TManage, September 16, 2003. CRN". CRN.
  7. ^ "MegaPath Acquires Aventail, June 14, 2007, The Seattle Times".
  8. ^ "MegaPath acquires IP Merchant Solutions, August 18, 2008. Businesswire". 2008-08-12.
  9. ^ "MegaPath acquires DSL.net, December 24, 2009. Bloomberg". Businessweek.com. Archived from the original on June 13, 2014.
  10. ^ "BusinessWire: MegaPath, Covad, Speakeasy Merger Closes". September 2010.
  11. ^ "Covad and Speakeasy Merge with MegaPath, September 1, 2010. Channel Partners Online". 2017-05-23.
  12. ^ "MegaPath acquires IP5280, January 26, 2012. VoIP-Catalog.com".
  13. ^ "FierceTelecom: MegaPath Among Largest Ethernet over Copper Players". FierceTelecom.
  14. ^ "Global Capacity snaps up MegaPath's wholesale unit". fiercetelecom.com. 2014-09-08. Retrieved 2015-04-26.
  15. ^ "Global Capacity wraps acquisition of MegaPath's wholesale division". FierceTelecom. Retrieved 2020-06-08.
  16. ^ Panettieri, Joe (2018-05-11). "Fusion Acquires MegaPath: Cloud Service Provider Valuation Revealed (Sort Of) -". ChannelE2E. Retrieved 2023-12-22.
  17. ^ "BRIEF-Fusion Announces Definitive Agreement To Acquire Megapath". U.S. Retrieved 2018-05-10.
  18. ^ "News of Note—BT to trim headcount by 13K; Fusion scoops up MegaPath for $71.5M; ZTE shutters main operations". www.fiercetelecom.com. Retrieved 2018-05-10.
  19. ^ "MegaPath Jumps Into Unified Communications, June 11, 2014. Channel Partners Online". 2017-05-23.
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