PALO ALTO — Sail Internet, a leading internet service provider in the San Francisco Bay Area and Silicon Valley, today announced the successful acquisition of Paxio’s Residential business on September 1, 2024. This strategic move significantly expands Sail Internet’s regional footprint and strengthens its position in the high-speed internet market.
Key highlights of the acquisition include:
- Addition of 1400 subscribers
- Expansion of new HOA and apartment properties
- Additional properties pending deployment
“This acquisition marks a significant milestone in Sail Internet’s growth strategy,” said Cardi Prinzi, CEO of Sail Internet. “By integrating Paxio’s residential business, we’re not only expanding our subscriber base but also enhancing our ability to provide top-tier internet services to a broader range of customers in the Bay Area.”
The transition is expected to be seamless for current Paxio customers, with Sail Internet maintaining service continuity. This acquisition, combined with Sail Internet’s organic growth, positions the company as a major player in the region’s internet service market.
The transaction allows Paxio to focus on its core business of providing fiber connectivity to businesses and carriers. “This move makes sense for Paxio and our residential customers. Transitioning residential services to Sail ensures customers get the focus they deserve and Paxio resources can be 100% focused on delivering the best value to our business clients wanting dedicated fiber,” said Philip Clark CEO of Paxio.
For more information about Sail Internet and its services, please visit sailinternet.com or email contact@sailinternet.com.