Communications Services M&A » By The Online Investor Staff, updated Sat., Feb. 27, 2:12 AM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #80. CenturyLink, Inc. — AppFog, Inc.
Acquirer:
CenturyLink, Inc. (CTL)
Acquiree:
AppFog, Inc.
Details:
CenturyLink, Inc. (NYSE: CTL) today announced it has enhanced its Savvis Cloud suite through the acquisition of AppFog, Inc., a fast-growing Platform-as-a-Service provider used by more than 100,000 developers with hundreds joining daily who have deployed more than 150,000 applications.
CenturyLink, via its subsidiaries, is a communications company engaged in providing an array of integrated services to its business and residential customers. Co.'s segments include: International and Global Accounts Management, which provides products and services to global enterprise customers; Enterprise, which provides products and services to regional domestic and global enterprises; Small and Medium Business, which provides products and services to small and medium businesses directly and through its indirect channel partners; and Wholesale, which provides products and services to other communication providers across the wireline, wireless, cable, voice and data center sectors.
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Avg. Broker Rec.
 
|
Sell (1.21 out of 4) 70th percentile
(ranked higher than approx. 70% of all stocks covered)
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