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Vocus to buy Nextgen networks business for AUD 807 million

2016-06-29 09:20:00| Telecompaper Headlines

(Telecompaper) Australian operator Vocus is continuing its expansion with the acquisition of Nextgen Group's networks business for up to AUD 807 million. The company will acquire the North West Cable system and the other 50 percent held by Nextgen in the planned Australia Singapore Cable. The deal includes Nextgen's 17,000km national fibre network, the almostcompleted subsea Port Hedland to Darwin cable and the proposed Perth to Singapore subsea cable. Nextgen will continue to own its data centre business, Metronode, which operates as a separate entity.

Tags: business buy million networks

 

Cisco to buy cloud security specialist CloudLock

2016-06-28 15:06:00| Telecompaper Headlines

(Telecompaper) Cisco announced its intent to acquire CloudLock, a privately held cloud security company based in Massachusetts, for USD 293 million. CloudLock specializes in cloud access security broker (CASB) technology that provides enterprises with visibility and analytics around user behavior and sensitive data in cloud services, including SaaS, IaaS and PaaS. The acquisition will further enhance Cisco's security portfolio and build on Cisco's Security Everywhere strategy, designed to provide protection from the cloud to the network to the endpoint, the company said. The purchase price includes assumed equity awards, plus additional retention-based incentives for CloudLock employees who join Cisco. The acquisition is expected to close by the end of October.

Tags: buy security specialist cloud

 
 

Liquid Telecom to buy Neotel for 390m

2016-06-28 02:00:00| Total Telecom industry news

India's Tata brokers new deal to exit its South African operation.

Tags: buy liquid telecom neotel

 

Nextel, Cablevision buy 900-MHz, 2.5-GHz spectrum

2016-06-27 02:00:00| Total Telecom industry news

Argentinian operators acquire a handful of spectrum-holding companies for $138.2 million.

Tags: buy spectrum nextel cablevision

 

Google Fiber Eyes Expansion With Webpass Buy

2016-06-23 18:03:11| PC Magazine Software Product Guide

Webpass currently serves California's Bay Area, San Diego, Miami, Chicago, and Boston.

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