Broadweave and Veracity Merge

Summary


PROVO -- Broadweave Networks and Veracity Communications officially became Veracity Networks on Friday.

The companies announced plans to merge earlier this year as part of a deal to shore up Provo's beleaguered iProvo fiber-optic network, which Broadweave purchased in 2008 as part of a $40.6 million deal.

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Extract


Broadweave and Veracity Merge

Drew Peterson, chief executive of Ve...

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