Google Fiber, the high-speed internet service owned by Alphabet, is to acquire Webpass, the companies said late on Wednesday, in a bid by the technology giant to bolster its U.S. expansion and compete with big broadband incumbents.
Webpass is a 13-year old internet service provider focusing on businesses and residential connections. Like Google Fiber, Webpass offers speeds of up to 1 gigabyte per second.
The deal – which is expected to close this summer for an undisclosed sum – was announced by Google Fiber in a tweet and followed up by a Webpass blog post.
"By joining forces, we can accelerate the deployment of super-fast Internet connections for customers across the U.S. Webpass will remain focused on rapid deployment of high speed Internet connections for residential and commercial buildings, primarily using point to point wireless," Charles Barr, president of Webpass said in a blog post.