Wireless Internet and broadband provider ICOA just announced that it has been acquired by Google for $400 million. ICOA describes itself as a company that provides “Wi-Fi to high traffic public locations” and is a “leading vertically integrated, neutral-host broadband wireless Internet network provider.” ICOA offers solutions for airports, restaurants and other high-traffic areas in 40 states. Google hasn’t revealed what it plans to do with ICOA but we’re guessing we might see “Google Hotspots” begin to pop-up in places that were previously owned by ICOA — it could certainly be used as an incentive to own an Android tablet or smartphone.
Update: According to AllThingsD, Google is denying this deal is happening.
ICOA Inc. Acquired by Google for $400 Million
ICOA, Inc. is a national provider of wireless and wired broadband Internet networks in high-traffic public locations.
ICOA Has Been Acquired by Google for $400 Million
Warwick, RI (PRWEB) November 26, 2012
Google has announced its acquisition of ICOA Inc. A provider of Wi-Fi to high traffic public locations. ICOA is a leading vertically integrated, neutral-host broadband wireless Internet network provider. Their suite of services and solutions power the unique requirements of high-traffic public locations such as airports, marinas, restaurants and more, while also providing back office solutions for hotspot operators and wireless service providers. Google looks to further diversify it’s already impressive portfolio of companies.
ICOA, Inc. is a national provider of wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operation, maintenance and management of WI-FI hot-spot and hot-zone Internet access. Based in Warwick, Rhode Island,
ICOA owns or operates broadband access installations in high-traffic locations across 40 states, located in airports, quick-service restaurants, hotels and motels, travel plazas, marinas etc. ICOA networks are compatible with widely-used 802.11x technology and with virtually all Internet service providers. Further information is at http://www.icoacorp.com.