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Brookfield completes takeover of AT&T data centres, renames business Evoque

2019-01-02 08:44:00| Telecompaper Headlines

(Telecompaper) AT&T announced that it has completed the sale of its data centre colocation operations and assets to Brookfield Infrastructure and its institutional partners, as first announced in June. Brookfield has set up the company Evoque Data Center Solutions to continue the business and take over customer contracts and employees. 

Tags: business data att centres


Christopher & Banks rejects takeover bid

2018-12-21 15:00:00| Daily apparel & textile news and comment - from just-style.com

Specialty women's apparel retailer Christopher & Banks Corporation has rejected an unsolicited takeover bid from the new owner of Bon-Ton Stores.

Tags: bid banks christopher rejects


Cisco confirms takeover of silicon photonics specialist Luxtera for USD 660 mln

2018-12-18 16:18:00| Telecompaper Headlines

(Telecompaper) Cisco has confirmed the takeover of US-based semiconductor company Luxtera for USD 660 million. The company's silicon photonics technology is expected to strengthen Cisco's networking portfolio and support the transition to 400G. 

Tags: usd specialist cisco silicon


EU opens in-depth investigation into Vodafone takeover of Liberty Global cable assets

2018-12-12 09:22:00| Telecompaper Headlines

(Telecompaper) The European Commission announced the opening of an in-depth investigation into Vodafone's planned takeover of Liberty Global's cable assets in Germany, Czechia, Hungary and Romania. The merger could reduce competition in particular in Germany and Czech Republic, the Commission said in a statement. 

Tags: global cable investigation assets


Inside Secure agrees takeover of Verimatrix for USD 143 mln

2018-12-05 18:04:00| Telecompaper Headlines

(Telecompaper) Inside Secure announced an agreement to acquire Verimatrix, more than doubling its size and expanding its security portfolio beyond wireless and connected devices to the entertainment market. The company will pay a net USD 143 million cash, plus an earn-out of USD 9 million in Q2 2019. Inside Secure will use its own cash plus private debt of USD 54 million provided by Apera Capital and an equity issue worth EUR 52 million to finance the deal. 

Tags: inside secure usd agrees


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