TPG Telecom, a Australia-based competitive telco, has reached a deal to acquire AAPT from Telecom New Zealand for US$419 million, reports ZDNet Australia.
Dimension Data, an NTT subsidiary that provides ICT services and solutions, is enhancing its reach into Europe by striking a deal to acquire NextiraOne in a two-part transaction. Financial terms of the acquisition were not revealed.
Windstream may still have work to do to integrate Paetec's assets into its fold, but CEO Jeff Gardner says that they are ready to begin searching for assets that would complement its growing enterprise service business.
Cincinnati Bell may be putting a greater emphasis on growing strategic business services such as Ethernet, but the telco can achieve its goals without making multimillion-dollar purchases, its chief financial officer told investors.
Akamai is adding more power to its growing cloud and network security services portfolio by reaching a deal to acquire Prolexic, a cloud-based distributed denial of service mitigation provider, for about $370 million in cash.
Transtelco has completed its acquisition of XC Networks, enhancing its fiber and wireless assets to serve its growing customer base in Texas and in Mexico.
CenturyLink has added another element to its growing cloud services portfolio by acquiring Tier 3, a Seattle-based public cloud service provider. Neither company revealed the financial terms of the deal.
8x8 is bolstering its network and service capabilities in the UK and Europe by acquiring Voicenet Solutions, a cloud business telephony and communications provider, for $18.4 million. After meeting customary closing conditions, 8x8 said it expects the sale to close before the end of 2013.
Cisco has acquired the remaining stake of Insieme, a so-called spin-in company they created last year for an estimated $683 million as a way to establish a foothold in the emerging software defined networking segment.
Ixia is continuing with its acquisition spree with a $190 million cash deal to acquire application and visibility solution vendor Net Optics.