Cisco has reached an agreement to acquire OpenDNS, a provider of cloud-based security solutions for $635 million, a move that will enhance its security services capabilities.
Cincinnati Bell has sold off its third tranche of its ownership stake in CyrusOne as part of its ongoing effort to pay down company debt.
North State Communications, a mainly rural service provider, is acquiring IT security integrator Stalwart to advance its movement into the cloud and managed services space.
Fatbeam, a regional fiber provider, is acquiring EMAN Networks' metro fiber network in the Central Valley area of Spokane, Wash., a move that will give it an additional 24.5 miles of metro fiber. By acquiring these assets, Fatbeam now has 301 miles of fiber network connecting 23 markets in the Pacific Northwest.
Consolidated will now begin doing business in the markets it entered through its acquisition of Enventis, an independent telco formerly known HickoryTech, under the Consolidated Communications brand.
Fresh off its 70 percent acquisition of cable company Suddenlink Communications, French telecom firm Altice may already be looking at its next U.S. target: Verizon Communications' residential wireline business, including FiOS TV.
Frontier has launched a multifaceted offering of its shares and stock in order to raise the cash needed to finance part of its planned purchase of Verizon wireline properties in California, Florida and Texas.
ShoreTel's board of directors has rejected Mitel Networks' $540 million unsolicited bid to acquire the company, saying that it undervalues the company and its growth prospects.
Global Capacity, a connectivity service provider, is upping its network reach by signing an agreement to acquire MegaPath's Network Services business unit.
Ericsson has added another element to its growing OSS/BSS empire by reaching a deal to acquire Boston-based MetraTech, a move that will extend its presence beyond the telecom industry into other emerging markets, including transport and utilities.