The firm, which was founded last October, is led by a team ofseasoned communications executives and backed by more than $90million in funding. Vectris seeks to provide high-speed digitalsubscriber line, or DSL, to take service to second- and third-tiercities, beginning with the southwest region. Analysts say mostother firms have concentrated on large metropolitan areas, makingsecondary and tertiary markets ripe for companies such as Vectris.Employment at the company is expected to hit 200 by year end.

Vectris' new headquarters include a multimedia presentation roomnear a staging and testing center created jointly by Vectris andCisco Systems Inc.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.