The latest cloud news
CenturyLink, a Louisiana TV, Voice and Internet provider announced its official acquisition of AppFog this week, a leading PaaS provider company in Oregon, Portland. The partnership will give birth to a new subsidiary and a merger…
The largest Television Cable provider in UK, Virgin Media have decided recently to explore other income generating potential for the company. It will use its current fiber optic cable network as its leverage to venture into a…
Telephone and cable companies are very interested cloud services and are willing to invest huge amounts of money from acquisitions to partnerships just to get into the cloud market. Telephone companies will find it easy to fit…
CenturyLink announced on Friday that it has closed the deal to buy the cloud computing company Savvis for $2.5 billion and prepaid about $546 million of Savvis’ credit facility debt. We have reported about this deal earlier.…
Some telling acquisitions will define 2011. Savvis and Terremark were bought by telcos, which are positioned with assets and operating structures that enable them to potentially do one thing very well: deliver computing as a…
Telecommunications providers and cable companies have entere d the burgeoning enterprise cloud computing market in the battle for enterprise customers. They could play a lucrative role by combining their natural advantages as…
CenturyLink Inc. (CTL), a Louisiana- based fixed-line phone and Internet company, is set to buy inform ation technology firm Savvis Inc. (SVVS) in a deal valued at $2.5 billion. This deal brings together CenturyLink’s enterprise…
Savvis announced today that its Government Wide Service (GWS) platform is now available to all government departments and third-party suppliers in the United Kingdom. GWS was developed to help the government achieve its ambition…