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Short Take: SoftNet to buy Intellicom

SoftNet Systems has agreed to buy Intelligent Communications, the former Xerox Skyway Network. The deal will allow SoftNet to offer high-speed Internet service via satellite to customers of small and mid-sized cable systems. The company plans to offer broadband Internet access, at around $24.95 to $49.95 per month, according to a release.

Jan. 2, 2002 4:43 p.m. PT

SoftNet Systems has agreed to buy Intelligent Communications, the former Xerox Skyway Network. The deal will allow SoftNet to offer high-speed Internet service via satellite to customers of small and mid-sized cable systems. The company plans to offer broadband Internet access, at around $24.95 to $49.95 per month, according to a release.

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