Ripple Fiber Buys BridgeNet Fiber

Ripple Fiber, a fiber-optic network builder and operator headquartered in Charlotte agreed to buy fellow North Carolina-based BridgeNet Fiber. “BridgeNET will continue to operate the market and will be empowered with the capital and a toolset to support rapid expansion,” Ripple Fiber said Tuesday. “This transaction embodies a new approach to augment Ripple Fiber’s expansion strategy, creating partnerships with entrepreneurs and network owner-operators across the country that intentionally mirror Ripple Fiber’s ethos.” Financial terms weren't announced.