GTT are to buy Hibernia Networks from Columbia Ventures Corporation for $590mn. This is made up of $515 million in cash and approximately 3.3 million shares of GTT common stock.…
Broadcom to buy Brocade for $5.9bn
In an interesting spin in the future of Brocade , it is being brought by Broadcom for $5.9bn. Broadcom will divest itself of the IP networking business that Brocade has.…
CenturyLink moves on Level3
On this side of the pond, CenturyLink isn't a particularly well known carrier, but they've just made a bid for Level 3 Communications, known for their fiber network services. This…
IBM acquires Sanovi for Cloud DR Orchestration
IBM is acquiring disaster recovery orchestration specialist Sanovi. Based in Banglore, India, Sanovi created Sanovi Cloud Continuity, a platform providing automated backup, testing and DR. This has been used on…
Vocus buys NextGen for fibre backhaul in Australia
Australia's Vocus Communications has just completed the acquisition of NextGen's network assets. (Vocus and NextGen - Better Together). The deal is worth AU$861mn (according to ZDNet, Vocus completes AU$861m acquisition of…
HP Inks $1.05bn deal for Samsung’s printer business
HP Inc (the printer and consumer business) has announced a deal to acquire Samsung's printer business. (HP Acquires Samsung Printer Business) HP is looking to disrupt the $55bn copier industry…
Yahoo! strikes a long awaited deal with Verizon
So today Verizon has ended the years of speculation about where next for Yahoo! , acquiring it for $4.8bn. Yahoo! was once an organiser of the Internet, presenting curated feeds…
Microsoft buys LinkedIn for the data?
In an unusual move, Microsoft has announced that it will acquire LinkedIn. The deal announced yesterday (13 June 2016) for $26.2bn. LinkedIn CEO Jeff Weiner posted the update to his…