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MegaPath Acquires Managed VPN Provider

MegaPath Networks Tuesday acquired managed VPN provider TManage in an all-stock transaction. Shareholder approval of the acquisition is pending, but MegaPath executives expect that to come through in October.

The cost of acquiring privately owned TManage was not disclosed by MegaPath, which provides connectivity services including business DSL, T1/T3, dial-up and Web hosting through relationships with more than a dozen carriers and through its own private network.

TManage, Austin, Texas, adds business-class broadband access, VPN, security and global remote-access services to MegaPath's portfolio of managed services. TManage also designs and deploys its remote access and site-to-site managed VPN and security solutions. Customers have the ability to monitor performance and view reports via a Web portal.

With TManage, Pleasanton, Calif.-based MegaPath gains more than 20,000 VPN end points across several Fortune 1000 accounts, as well as several channel partners.

Also, TManage has a partnership with software-enabled enterprise connectivity services provider iPass, which gives the company and its acquirer access to thousands of analog dial-up, ISDN, and public wired and wireless points of presence in more than 150 countries, including 3,500-plus Wi-Fi and Ethernet hot spots in airports, hotels, conference centers and coffee shops, said executives at MegaPath.

This month, MegaPath introduced the Premier Partner Agent Program to its portfolio of referral and partner initiatives. The new program targets master agents and their subagents and is geared toward helping master agents sell broadband and managed services to enterprise customers.

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