InSite Wireless Group LLC acquired a majority interest in Agile Networks, a provider of telecommunications solutions based in Canton. Agile’s largest stakeholder, Columbus VC firm NCT Ventures, exited in the deal. The acquisition provides InSite with a portfolio of public-private partnerships and a significant infrastructure network and assets spanning hundreds of locations throughout the Midwest.
Agile will become an operating division of InSite, which is headquartered in Alexandria, Virginia.
“This is an exciting period of growth for Agile and we could not have found a more fitting partner to continue delivering connectivity solutions and infrastructure to our diverse customers across the Midwest,” Agile Networks CEO Kyle Quillen said in a statement. “Our team has worked extremely hard to build Agile and the infrastructure network to where we are today.”
Agile was founded in 2010. The hybrid Agile Network utilizes vertical infrastructure along with the latest in fiber-optic and wireless technologies to provide data solutions.