Seaborn Networks has announced that Sidera Networks will be making a long-term, capacity purchase on Seaborn's US-Brazil submarine cable system.

Seaborn Networks' cable system, Seabras-1, is a new 32 Tbps submarine cable that will be the first direct route between Sao Paulo, Brazil and the United States. The system also will have a branch that lands in Fortaleza, Brazil. Seaborn plans for the Seabras-1 system to be ready for service in the fourth quarter of 2014.

By acquiring capacity on Seabras-1, Sidera will extend its low-latency, fiber optic network to Sao Paulo, Brazil, the largest financial services center in Latin America.

"Seaborn Networks is honored to have been selected by Sidera Networks in connection with the company's plan to extend its network to Sao Paulo," said Larry Schwartz, Seaborn Networks' CEO. "This route will enable Sidera to provide strategic advantages to financial services firms and other high bandwidth firms that value being on the lowest latency route between Sao Paulo and the US."

According to Mike Sicoli, Sidera Networks' CEO, "Sidera continues to execute on its strategy to extend our Xtreme Ultra-Low Latency Network, which already carries trillions of dollars in trades per day, to critical financial services centers and exchanges around the world. When completed, Seaborn's express route from Sao Paulo will enable us to secure for customers, what is promised to be, the fastest route between the United States and Brazil's major commercial center."