GTT Communications has finalized its $100 million acquisition of Global Capacity.
We've scoured the airwaves and assembled a list of the latest financial transactions in technology and communications.
New Hope, Pa.–(Business Wire)–The Meet Group, Inc. (NASDAQ:MEET), a public market leader in the mobile meeting space, today announced it has executed a definitive agreement to acquire LOVOO, a social dating app, for $70 million in cash, inclusive of a $5 million contingent earn-out.
Brocade’s $5.9 billion acquisition of Broadcom was anticipated to close this summer, but now is expected to close by Nov. 30, subject to clearance from the Committee on Foreign Investment in the United States (CFIUS).
On the heels of its $100 million purchase of Global Capacity, GTT Communications has acquired Transbeam, a provider of managed data and voice services, for $28 million in cash.
Many people in the channel were curious when Office Depot hired Verizon’s Janet Schijns to lead its services division. Things make a lot more sense now that Office Depot has announced plans to acquire CompuCon for approximately $1 billion.
Eutelsat Communications (Paris:ETL) has acquired NOORSAT, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group.
On the heels of its acquisition of Mtel, cloud services provider Evolve IP has acquired Clearlogin, an identity authentication technology provider based in Mountainside, New Jersey.
Telarus says its purchase of fellow master agent CarrierSales will deepen contact center and mobility portfolios.
MONROE, La., Nov. 1, 2017 /PRNewswire/ — CenturyLink, Inc. (NYSE: CTL) has completed its acquisition of Level 3 Communications, Inc. The combination of CenturyLink and Level 3 creates a leading global network services company capable of providing customers a wide range of high-quality technology solutions over a secure and reliable fiber-rich network.
VMware is buying VeloCloud Networks in one of the most significant SD-WAN acquisitions in the technology’s relatively short history.