TULSA, Oklahoma – December 3, 2013 – SageNet, a provider of managed network services for multisite retail businesses, has completed its acquisition of Spacenet, a communications network company based in the Washington, D.C. area.
SageNet acquired Spacenet from Gilat Satellite Networks. The transaction was approved by the FCC and officially closed December 2.
Spacenet designs, implements and manages some of the largest communications networks for U.S.-based businesses, government agencies, energy companies and public utilities. The company currently manages communications at more than 160,000 locations, including many Fortune 500 companies and major government agencies.
SageNet and Spacenet combine their respective strengths in innovation and technology to offer industry-leading managed network solutions. Together, SageNet and Spacenet will provide customers a deeper portfolio of products delivered through a much more robust combination of terrestrial and satellite solutions.
“Integration of these two firms is going to reshape the managed network services marketplace,” said SageNet CEO Daryl Woodard. “The strengths of each organization, and the synergies we have created, will serve as the catalyst for exciting new offerings and expanded capabilities for the industry.”
“This really is a marriage of two exceptional companies with the perfect combination of tools, technology and talent,” added Spacenet CEO Glenn Katz. “Together, we have the ability to address significant trends in the managed network services market.”
According to Woodard and Katz, the combined SageNet/Spacenet organization will be well-positioned to assist customers in addressing a wide range of vital technology issues, including fully managed network solutions and infrastructure, broadband and satellite connectivity, digital signage, physical security, structured network cabling, and the increased need for unified communications.
The SageNet/Spacenet organization will share a strategic partnership with Gilat and continue to offer Gilat products and services as part of the expanded solutions portfolio.
In addition, by combining the two companies’ geographic coverage, SageNet/Spacenet now offers a much greater breadth of coverage across North America. With multiple Network Operation Centers (NOCs) across the entire service area, the combined entity can offer even higher levels of quality of service via its proactive monitoring and maintenance offerings.
SageNet (SageNet of Tulsa, LLC) is a leading national technology solutions provider specializing in mission-critical business solutions and managed services. From wide area network (WAN) design and installation to 24x7x365 network monitoring and maintenance, in-store security and digital signage, SageNet is the wise choice for technology solutions. For more information, visit www.sagenet.com or contact Barrett Waller at 918-587-1909.
Since 1981, Spacenet Inc. has designed, implemented and managed some of the largest communications networks for U.S.-based business, industrial and government customers. Spacenet has a longstanding tradition of industry leadership and innovation, and today manages communications at more than 160,000 locations for customers, including many Fortune 500 companies and major government agencies. Headquartered in McLean, Virginia, Spacenet is a wholly owned subsidiary of SageNet. For more information, visit Spacenet at www.spacenet.com.
Waller & Company Public Relations