CenturyLink (NYSE: CTL) 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.
Building on its earlier acquisition of Platform as a Service (PaaS) provider AppFog, the telco will use Tier 3's products, roadmap and vision as the foundation of its cloud strategy and anchor the new Seattle-based CenturyLink Cloud Development Center.
Under the terms of the agreement, Jared Wray, the founder and chief technology officer for Tier 3, will now serve as chief technology officer for the CenturyLink Cloud organization and lead the CenturyLink Cloud Development Center.
This acquisition will provide benefits to both companies. CenturyLink will gain necessary cloud development resources, while Tier 3 will be able to extend its service sets over the telco's growing global network and data center footprint.
Leveraging Tier 3's public, multi-tenant cloud, the new CenturyLink Cloud offer includes a self-service interface to create and manage public cloud environments. In addition, a Web services API and Cloud Foundry-based PaaS will provide a cloud application toolkit for enterprise developers.
Acquiring Tier 3 comes at a time when CenturyLink and Savvis, its data center and cloud services subsidiary continue to expand their data center presence to serve its growing base of cloud and managed service customers. Earlier this week, the service provider announced it will build a second data center that will go live in Toronto next summer.
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