Communications Services M&A » By The Online Investor Staff, updated Mon., Mar. 8, 1:58 PM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #79. NTT — Solutionary
Acquirer:
NTT (NTT)
Acquiree:
Solutionary
Details:
NTT, the world's largest global IT and telecommunications services company, and Solutionary, a leading pure-play Managed Security Services Provider, today announced the two companies have entered into a definitive agreement for NTT to acquire Solutionary, a privately held company based in Omaha, Nebraska, in an all-cash transaction. The acquisition is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2013.
Nippon Telegraph and Telephone and its subsidiaries conduct the following main business activities: regional communications (domestic intra-prefectural communication services and incidental services), principally operated by Nippon Telegraph and Telephone East Corporation and Nippon Telegraph and Telephone West Corporation; long-distance and international communications (domestic inter-prefectural communication services, international communication services and incidental services), principally operated by NTT Communications Corporation; mobile communications, principally operated by NTT DOCOMO, Inc.; and data communications, principally operated by NTT DATA CORPORATION.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 30th percentile
(ranked lower than approx. 70% of all stocks covered)
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