Cyxtera assumes ownership of CenturyLink’s 57 data centers. Approximately 700 CenturyLink employees transition to Cyxtera.
After a slight delay, Verizon (VZ) is still on track to sell its cloud data center business. Expect updates in early Q4, Verizon executives said today.
BC Partners, a private equity firm, wants to buy CenturyLink’s data center business. But lease agreements may complicate the sale process, Reuters says.
Four private equity firms have united to bid on CenturyLink Inc.’s cloud data center business, according to Reuters. Is a long-awaited sale drawing closer?
In the weeks ahead some large technology companies and cloud businesses could be sold. Here are four that are up for sale, and one rumored to be for sale.
CenturyLink (CTL) remains focused on selling “all or a portion” of its data center business by Q3 or early Q4 2016, according to CEO Glen F. Post.
Which companies will potentially buy cloud data centers from CenturyLink & Verizon? Keep an eye on Equinix, Digital Realty, CoreSite, CyrusOne and more.
As CenturyLink retreats to the network & tries to sell its colocation data centers, the telco’s cloud & hosting revenues are falling. Should partners worry?
The telecom sector is experiencing a merger and acquisition slowdown. Among the wildcards: Can Verizon, CenturyLink sell their data centers?
Nobis Technology buyout brings seven Ubiquity Hosting data centers into the LeaseWeb family. Here’s what’s next.