Multifamily Broadband Provider M&A: Smartaira Buys Lux Speed

In a deal between two providers focused on multifamily broadband, Smartaira has acquired Florida-based Lux Speed Inc. Smartaira provides multi-gigabit, symmetrical service via both fiber internet and managed Wi-Fi. It markets to homeowner-association, condo-association and multi-tenant rental properties in 26 states. The company said that the acquisition is its fourth since 2021 and that it will strengthen its operations in the southeast.