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RealTime IT News

Verio Targets Mid-Atlantic Market

Verio Inc. continued its recent acquisition spree today by adding Monumental Network Systems Inc. to its growing list of affiliate ISPs.

Verio said its latest acquisition is aimed at increasing its Mid-Atlantic presence. Financial details were not disclosed.

Monumental Network Systems serves businesses and government agencies in the Washington, D.C. metropolitan area, and has a total of 21 points-of-presence throughout the Mid-Atlantic region.

In addition to Net access, Monumental also provides a range of Internet services, including Web development and hosting, network services, and Intranet and integration services.

"Verio will leverage Monumental's tremendously strong network and operations to enhance Verio's significant presence in one of the country's most important Internet markets," said Verio President and Chief Operating Officer Mark Johnson. "Monumental extends Verio's ability to provide the highest level of affordable, high-quality services and communications functions demanded by business and institutional customers in the Mid-Atlantic region."

Last week, Verio also acquired Internet Servers Inc. or iServer, a Utah-based company specializing in Web hosting services. At the end of last year, the national ISP acquired Pennsylvania-based PREPnet to expand its presence in the Northeast.

Verio affiliate OnRamp also closed out 1997 by acquiri ng the Internet operations of Houston, Texas-based provider Sesquinet.



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