Wave Broadband, a Kirkland, Washington-based gigabit fiber and broadband services company, acquired Cascadelink, a Seattle-based internet service provider that delivers high-speed connectivity to residential and commercial customers in multi-unit residential and office buildings throughout the Seattle area.
The terms of the transaction were not disclosed.
Founded in 2002 by Chris Flugstad, CEO, Cascadelink provides symmetrical gigabit service (uploads as fast as downloads) to thousands of customers in an expanding network of more than 100 Seattle-area apartments, condominiums and commercial office buildings. The company’s dozen Seattle-based employees have joined Wave, which plans to invest to further accelerate growth of the companies’ combined gigabit services for both business and residential customers in Seattle and beyond.
Led by Steve Weed, CEO, Harold Zeitz, President and COO, Wave is a gigabit fiber and broadband services company, providing high-speed internet service and a variety of related products and options for business and residential customers in key areas of Washington, Oregon and California.