Atlanta, Nov. 14, 2018 (GLOBE NEWSWIRE) -- GigaMonster, one of the nation’s leading fiber-based network providers to the multifamily and mixed-use real estate industries, today announced it has completed the acquisition of Amtech Communications, a leading multifamily video and network solutions provider. This acquisition allows GigaMonster to aggressively expand its footprint into the Mid-Atlantic and Northeast regions while adding significant enhancements to its core platform of services.
“With a shared vision of how multi-tenant networks should be designed, we could not be more excited to add Amtech’s cutting-edge video and data network prowess to our team,” said Bill Dodd, co-founder and CEO of GigaMonster. “Further, Amtech’s extensive expertise in multifamily amenity solutions adds to our game-changing network offerings throughout the U.S.”
Serving hundreds of multifamily and mixed-use communities, Amtech Communications established itself as one of the nation’s best-in-class multi-tenant providers of DIRECTV systems, fiber-based internet service, voice-over IP and property security systems. The merging of Amtech’s solutions into the GigaMonster product suite creates a leading-edge platform that will serve as the pillar of customer connectivity for the newest generation of smart building and smart city networks.
“Joining GigaMonster is an exciting step forward for Amtech,” said Steve Layne, CEO of Amtech Communications. “GigaMonster is an industry leader, shaping the network ecosystem for the way residents and property management connect throughout multifamily and mixed-use developments across the country. I am so excited for the future as we are well-positioned to change the way our customers connect.”
Since its introduction as a fiber-based broadband company in 2015, GigaMonster has grown rapidly, now reaching more than 30 metropolitan markets nationwide and continuing to expand.
GigaMonster provides Scary Fast Internet™, along with other network and video services, designed to greatly enhance the customer experience through seamless connectivity and access on any device. GigaMonster is primarily focused on the multifamily, mixed-use and smart community developments. Its services are tailored to create an amazing customer experience while adding considerable value to its real estate partners by delivering higher net operating income at each property it serves. GigaMonster accomplishes this in large part through its unique network architecture that delivers an unmatched platform for connecting all devices at 1 Gbps speeds and higher. To learn more, visit www.gigamonster.net.
About Amtech Communications
For over two decades, Amtech Communications has been on the forefront of deploying video and data networks in multifamily communities throughout the Mid-Atlantic and Northeast regions. With service to hundreds of properties, Amtech is nationally ranked by AT&T as one of the Top 10 DIRECTV System Operators in the United States. The company provides large-scale residential data networks and amenity solutions, including DIRECTV systems, fiber-based internet service, voice over IP and security systems.
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