ZenFi Networks and Cross River Fiber have decided to merge. The two companies provide communications infrastructure and services in metropolitan New York and New Jersey.
ZenFi operates in Manhattan, while Cross River operates literally across the river (the Hudson) in New Jersey, extending into other nearby areas in New York. For most practical purposes, it is easy to treat the two geographical areas as part of a single metro market, and they often are.
Also, the top executives at the two companies, ZenFi CEO Ray LaChance and Cross River CEO Vincenzo Clemente, have known each other for a long time, and worked together even before they founded their current companies.