Topic: mergers and acquisitions
With more than 30 deals in hand, GTT Technologies CEO Rick Calder isn't about to push away from the M&A table.
In a bid to shake up its bottom line, Infinera announced a cash and stock deal valued at $430 million to acquire optical competitor Coriant.
Don't expect any blockbuster deals this year among vendors in the telecommunications industry, according to an analyst report.
Cisco feathered its artificial intelligence nest with Tuesday's announcement that it was buying privately held Accompany for $270 million.
Satellite company Globalstar is merging with metro fiber provider FiberLight in a deal facilitated by their owner, investment firm Thermo Acquisitions.
ZenFi Networks and Cross River Fiber, which both provide communications infrastructure and services in metro New York and New Jersey, are merging.
Lumentum has reached a deal to acquire Oclaro for $1.8 billion.
GTT announced a deal to acquire Toronto-based Accelerated Connections.
FirstLight is being purchased by Antin Infrastructure Partners from its current owner Oak Hill Capital Partners.
The year 2017 showed that fiber is valuable to a diverse set of service providers.