Click here to close now.


News Feed Item

Wave Acquires CPI, Extending Wave’s Broadband Fiber Network, Renews CPI Pact with City of Port Angeles

WaveDivision Holdings (, a business-class fiber optic and broadband services company with business and residential customers in Washington, Oregon, and California, today announced that it has acquired Capacity Provisioning Incorporated (CPI), effective immediately. Based in Port Angeles, WA, CPI is the largest privately owned fiber-based metro Ethernet provider on the Olympic Peninsula, focused on serving businesses and government entities in Port Angeles, Sequim and surrounding areas.

CPI owns an extensive network of fiber optic cable in and around Port Angeles, stretching from the west side of Port Angeles to the east end of Sequim, 22 miles away. This is the 16th acquisition in Wave’s 11-year history and follows two similar fiber acquisition deals: Wave’s purchases of Bellingham-based Black Rock and Seattle-based Spectrum Networks (and its CondoInternet subsidiary), both completed in 2013.

The transaction will not impact CPI customers or employees, with all services continuing without interruption. Wave will retain all CPI employees, with CPI’s business-focused services complementing the residential broadband services Wave has provided to area consumers for more than a decade. CPI’s previous owners are in a consulting relationship with Wave through the business transition process. Since its founding in 2003, Wave has provided the Port Angeles and Sequim area with residential broadband services and recently expanded to more markets on the Olympic Peninsula, including Port Townsend, Port Hadlock, and Port Ludlow.

According to Wave CEO Steve Weed, Wave and CPI have also extended a longstanding agreement between CPI and the City of Port Angeles through September 2024 as part of this transaction. Initially signed in 2002, this agreement provided for the design and implementation of an interconnecting fiber optic ring encircling Port Angeles to deliver high-speed fiber optic point-to-point connections and Internet service to the City of Port Angeles and area businesses. Other CPI customers include Clallam County, Olympic Medical Center, the Port Angeles School System, Peninsula College and several other area organizations.

“This transaction adds considerable fiber assets, a strong base of local government and business customers, and most importantly great employees who’ve built and delivered an outstanding service experience for the customer,” said Steve Weed, Wave CEO. “We are excited to be working with the CPI team and can now focus on providing best-in-class broadband products and service to both residential and business customers throughout the Olympic Peninsula.”

“Since inception, our company philosophy and the foundation for CPI’s success has been to support our local communities by building partnerships with area businesses and with regional government entities,” said Craig Johnson, VP of CPI. “We are very pleased to be joining forces with Wave, as they not only understand this vision but have already taken steps, such as the renewed agreement with the City of Port Angeles, to ensure that we continue building on it together.”

Wave, a provider of video, Internet and phone services to more than 420,000 residential and commercial customers, raised more than $1 billion in funding to support the company’s continued growth in late 2012. Formed in 2003 by CEO Steve Weed, Wave has established a reputation for high-quality service, growing both organically and by network expansion and acquisitions.

About Wave Division Holdings

WaveDivision Holdings, LLC is a cable and broadband services company providing advanced cable TV, true high-speed Internet and phone services to more than 420,000 residential and business customers in the communities, and surrounding suburbs, of the Seattle, Portland, San Francisco and Sacramento markets. Wave is headquartered in Kirkland, Washington. Owned and operated by local industry leaders, Wave supports its customers with decades of cable know-how. Serving customers under two retail brand names; Wave Broadband in the Seattle, Portland and Sacramento DMAs, and Astound in the San Francisco DMA - the company’s mission is to provide all customers with the latest technologies and upgrades. Wave was recently recognized by CableFAX Magazine with the prestigious Independent Cable Operator of the Year award. Wave also debuted on PC Magazine’s 2012 list of Top 10 Fastest ISPs in the nation. The company’s Business Solutions division delivers redundant fiber rings that serve local governments and businesses of all sizes, including well-known Fortune 100 companies and brands, with major fiber hubs in West Coast markets. For more information about WaveDivision Holdings, visit or

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The revocation of Safe Harbor has radically affected data sovereignty strategy in the cloud. In his session at 17th Cloud Expo, Jeff Miller, Product Management at Cavirin Systems, discussed how to assess these changes across your own cloud strategy, and how you can mitigate risks previously covered under the agreement.
Countless business models have spawned from the IaaS industry – resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his general session at 17th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, an IBM Company, broke down what we have to work with, discussed the benefits and pitfalls and how we can best use them ...
Most of the IoT Gateway scenarios involve collecting data from machines/processing and pushing data upstream to cloud for further analytics. The gateway hardware varies from Raspberry Pi to Industrial PCs. The document states the process of allowing deploying polyglot data pipelining software with the clear notion of supporting immutability. In his session at @ThingsExpo, Shashank Jain, a development architect for SAP Labs, discussed the objective, which is to automate the IoT deployment proces...
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...