Yesterday, Google Fiber, Google's gigabit internet service provider, announced it is planning to acquire rival high-speed provider Webpass. Webpass is a 13-year-old business that operates in multiple cities around the country, including San Francisco, San Diego, Miami, Chicago, and Boston. Google's acquisition means it can add those cities to its current coverage map, accelerating its already rapid expansion.

Google Fiber and Webpass haven't yet finalized the deal, and it's unknown how much Google has agreed to pay, but those details are expected soon. The two companies will likely close the deal by the end of summer, according to Webpass president Charles Barr.

Webpass is a company that provides gigabit internet access to both residential and commercial buildings, and it also specializes in high-speed wireless internet. Wireless internet access is something that Google Fiber has also said it is interested in. Back in April, Google Fiber CEO Craig Barratt announced that the company was working on "several technologies" to allow the company to wirelessly transmit gigabit internet directly into your home. With this merger, Google Fiber stands to jumpstart its wireless plans across the country.

Source: Re/code

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