[1] Covad was acquired by U.S. Venture Partners,[2] who in 2010 announced a three-way merger of MegaPath, Covad, and Speakeasy,[3] creating a single Managed Services Local Exchange Carrier (MSLEC), providing voice and internet services;[4] the new company was named MegaPath.

In addition they offered Voice over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to businesses.

[8] The launch of the AceMAP was primarily instigated to provide combined POTS and ADSL2+ service to Earthlink end users and were deployed in more residential areas instead of concentrating on business-centric markets.

In early 2011, Covad (now as Megapath) announced expansion of the services on a national level by the end of 2012.

In September 2014, Global Capacity announced its plan to buy the assets acquired from Covad from MegaPath.