Tuesday, 17 October 2017

NTT Com buys Virtela for $525 million

By Mary Lennighan, Total Telecom
Monday 28 October 13

Japanese firm announces two U.S. acquisitions together worth $875 million; will take 80% stake in RagingWire for $350 million.

Japan's NTT Communications on Monday moved to strengthen its cloud services business with the $525 million cash acquisition of Virtela. "Combining Virtela's advanced service/operational platforms and expertise with NTT Com's global ICT infrastructure and resources creates an unparalleled company able to deliver cloud networking services…

Japan's NTT Communications on Monday moved to strengthen its cloud services business with the $525 million cash acquisition of Virtela. "Combining Virtela's advanced service/operational platforms and expertise with NTT Com's global ICT infrastructure and resources creates an unparalleled company able to deliver cloud networking services…

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