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BSO Acquires IX Reach

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BSO’s acquisition of IX Reach adds a network covering over 170 points of presence (PoPs) across North America, Europe, Asia, the Middle East, and Africa, a customer base of over 300 carriers, ISPs, content providers and networks, strength in R&D, and a platform to develop new opportunities.

The acquisition is the company’s third in 18 months and follows the purchases of Aspara Networks, a supplier of radio frequency connectivity to financial markets, and PROceau, a high-availability and business critical managed hosting and IaaS company.

Michael Ourabah, founder and CEO of BSO, says the R&D capabilities and intellectual property of IX Reach, combined with BSO’s network, will provide opportunities to deliver new services and a better user experience. Commenting on the ecosystem of more than 70 cloud, IXP, data centre and SaaS companies that IX Reach has developed, he adds: “IX Reach provides a perfect combination with our market coverage to provide infrastructure to the financial ecosystem.”

Beyond its recent acquisitions, other plans at BSO include providing support for clients interested in trading cryptocurrency. Ourabah says: “More and more of our customers, especially on the private bank side, are willing to put some of their assets into crypto, but they need to access crypto exchanges in a more professional manner than using a VPN over the internet. So, they’ve asked us to build a solution to enable access to exchanges that includes predictive latency and guaranteed capacity and bandwidth.”

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