The northeastern fiber operator Lightower announced a major metro expansion on its western frontier. That’s Chicago of course, the Midwestern footprint it picked up with the Sidera acquisition earlier this year. … [visit site to read more]
In the wake of Verizon’s announced purchase of Edgecast Networks, Akamai took a beating yesterday due to the extent of its reseller relationship with Verizon. Dan Rayburn does a great job of analyzing the downsides for Akamai, although I’m not really convinced that Verizon is ready for a wide-ranging offensive on the CDN marketplace. They […]
Yesterday saw a significant merger announcement in the Australia fiber market. TPG Telecom has announced the purchase of AAPT from Telecom New Zealand for AU$450M. The deal will give them a national fiber backbone to supplement and expand their existing ISP business. … [visit site to read more]
That’s the word according to TechCrunch over the weekend, although no official announcement is out there as of yet [EDIT: it's official now]. But if they’re right, Verizon will be shelling out more than $350M to acquire EdgeCast and move much deeper into the CDN world than it has thus far. … [visit site to […]
Akamai (NASDAQ:AKAM, news, filings) made a substantial inorganic move today, announcing an agreement to acquire Florida-based Prolexic Technologies for about $370M in cash plus the assumption of outstanding unvested options. Prolexic offers cloud-based distributed denial of service (DDoS) protection for data centers and enterprise IP applications. … [visit site to read more]
1999 Wabash Ave. Springfield, Illinois 62704Phone: (217) 546-7550
Eden Acquisitions Group is an investment banking company specializing in acquisitions of telecommunications companies. While we facilitate acquisitions, our clients include both buyers and sellers.
Network with Us
Connect with us via a selection of popular social media, networks and other platforms.