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ExteNet Systems aims to expand footprint in New York, New Jersey via new acquisition

May 31, 2018

ExteNet Systems, a developer and operator of distributed networks, has announced an agreement to acquire Hudson Fiber Network (HFN), a New Jersey-based data transport provider.

ExteNet Systems said that the acquisition is expected to close during the second half of the year after completion of regulatory approvals.

Tiger Infrastructure Partners, which currently owns a controlling stake in Hudson Fiber Network, said the two companies had agreed to make the acquisition in an all-cash transaction.

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