Google Fiber is acquiring San Francisco-based gigabit internet provider Webpass for an undisclosed amount. Founded in 2003, Webpass is focused on providing businesses — along with select residential markets — with gigabit internet connectivity, and its acquisition will aid Google Fiber's expansion. The acquisition is expected to close this summer following regulatory approvals.
Webpass currently lists over 20,000 customers, and is active in five cities: San Francisco, San Diego, Chicago, Boston, and Miami. In a blog post announcing the acquisition, Webpass president and founder Charles Barr wrote:
By joining forces, we can accelerate the deployment of superfast 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.
Today, Webpass has tens of thousands of customers across 5 major markets in the U.S., and we hope to reach many more in our next chapter with Google Fiber. Webpass will continue to grow its service in current operational cities of San Francisco, Oakland, Emeryville, Berkeley, San Diego, Miami, Miami Beach, Coral Gables, Chicago, and Boston, adding to Google Fiber's growing list of operational cities.
Joining Google Fiber will be a great development for our users because the companies share the same vision of the future and commitment to the customer. Google Fiber's resources will enable Webpass to grow faster and reach many more customers than we could as a standalone company.
Currently, Google offers Fiber in select condos and apartment buildings in San Francisco, but the acquisition should greatly expand rollout in the city.