Lightower-Sidera merger yields 1 provider serving buy, sell sides

01/2/2013 | Securities Technology Monitor

Both the buy and sell sides can do derivatives business through one provider after the merger of Lightower Fiber Networks and Sidera Networks, announced last week. "The combined company, with its incredibly robust network, is well positioned for continued growth serving customers with an ever-increasing need for high-performance bandwidth," said Randy Peeler of Berkshire Partners, which acquired both companies in a $2 billion deal to merge their services.

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