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Short Take: Verio acquires two ISPs

Internet service provider Verio, which targets business and institutional customers, has expanded in the Northeast by acquiring Pennsylvania-based PREPnet. Separately, Verio's Texas-based affiliate, OnRamp Technologies, has acquired Sesquinet, an ISP formerly operated by Rice University. Terms of the acquisitions were not disclosed.

    Internet service provider Verio, which targets business and institutional customers, has expanded in the Northeast by acquiring Pennsylvania-based PREPnet. Separately, Verio's Texas-based affiliate, OnRamp Technologies, has acquired Sesquinet, an ISP formerly operated by Rice University. Terms of the acquisitions were not disclosed.