VMware have announced in a blog post (Leading our Industry into a Software-Defined Future with Strategic M&A) that they are acquiring VeloCloud. They have also issued the obligatory press-release to…
GTT continues its recent buying spree, following the purchase of Perseus last week. This week, it announces it's intent to buy Global Capacity. Global Capacity provides connectivity as a service…
GTT has announced it is acquiring Perseus, who own a high-speed network covering the Americas, Europe, South Africa, and major hubs in Asia. This will add major routes to GTT's…
GTT has launched a managed SD-WAN solution, using Velocloud according to SDxCentral. GTT Communications protect their managed services market against the cost erosion from hybrid networks. The managed SD-WAN solution over the top…
GTT have completed their acquisition of Hibernia Networks. This deal was announced last year, for $590mn. The acquisition delivers the following assets: Five subsea cables, including Hibernia Express, the lowest…
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.…