AboveNet (NYSE: ABVT) is once again on the network buildout trail. This time the service provider is bringing its network connectivity to the data cent provider Philadelphia Technology Park.
By establishing a connection with Philadelphia Technology Park, AboveNet will be able to provide the data center provider's customers with access to its private, optical network and extensive fiber footprint for connectivity from Philadelphia to key business hubs in New York, New Jersey and Maryland.
One of the key drivers behind the connection will be to provide the data center provider's customers access to diverse, low-latency routes to other top business centers-a growing concern for financial firms adopting new financial trading algorithms.
Businesses that operate in the Philadelphia Technology Park will be able to establish an Ethernet connection to their office location, remote data center and business partners within three locations: The Baltimore Technology Park and 111 Market Place in Maryland; 75 Broad Street and 111 8th Avenue in Manhattan; and 300 Blvd. East in Weehawken, N.J.
AboveNet's move into the Philadelphia Technology Park is among several network upgrades and expansions it has undertaken in both the U.S. and internationally to respond to the growing higher bandwidth demands of larger businesses that want an alternative to the incumbent service providers.
For more:
- see the release
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