Tag Archives: mergers and acquisitions

Telco Consortium Buys Cloud Provider Codero

Consortium of 32 regional telecom and broadband providers called BLM Acquisition Corp. has acquired cloud service provider Codero. Continue reading

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Equinix Will Acquire Telecity Group Ending Proposed Interxion Merger

Equinix will acquire Telecity Group for $3.6 billion in a cash and stock deal. The deal halts an earlier proposed merger between Interxion and Telecity Group. Continue reading

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EMC’s $1.2B Virtustream Acquisition Takes It Deeper Into Services

One EMC official recently said it wasn’t “your father’s EMC,”and the company has now made a big acquisition that illustrates the point. The IT giant is acquiring cloud service provider Virtustream for $1.2 billion in a bid to strengthen cloud services offerings. Virtustream will operate as a managed cloud services business arm of EMC following transaction close. Continue reading

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Verizon Buying AOL: It’s All About Video and Marketing

Verizon doesn’t even have an NFL stadium named after it, and it is going to purchase AOL for $4.4 billion. For years, wireline companies have been seeking out how to purchase their way into the entertainment industry. Continue reading

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SingleHop Acquires Datagram to Expand Enterprise Cloud Reach

SingleHop has acquired DataGram to expand its hosted private cloud services with additional data centers in New York and Connecticut. The financial details of the transaction have not been disclosed. Continue reading

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