March 2004 – Acquires Fiber Network and Equipment in Germany Out of Former Carrier1 Assets.January 2004 – Acquires LambdaNet France & Spain.May 2003 – Acquires Assets of Applied Theory.February 2003 – Acquires Fiber Network Solutions.September 2002 – Acquires Major Assets of FiberCity Networks.April 2002 – Acquires Major US Assets of PSINet.
April 2002 – Acquires Building Access Agreements from OnSite Access.February 2002 – Acquires Allied Riser.September 2001 – Acquires the assets of NetRail.In three years, Cogent acquired 13 other failing carriers, purchasing $14 billion in capital for $60 million, including $4 billion worth of Property, Plant and Equipment. Acquisition history Ĭogent was founded in 1999 at the peak of the industry's growth and was funded by angel investors including members of Keiretsu Forum. There has been debate among networking professionals as to whether or not this amounts to false advertising. Although Cogent is not a Tier 1 ISP by definition, due to lack of complete IPv6 connectivity, the company still advertises itself a Tier 1 ISP. Cogent's primary services consist of Internet access and data transport, offered on a fiber optic, IP data-only network, along with colocation in data centers. Cogent Communications is a multinational internet service provider based in the United States.