CV_JulyAug_2017

Core Communications

GTT has begun working

with the channel to package

cloud connectivity with other

things, including for the fed-

eral government, which is the

largest purchaser of band-

width in the world.

For instance, “the acquisi-

tion of Perseus demonstrates

our commitment to connecting

people – across organizations

and around the world – by

strengthening our low-latency

service offerings and acceler-

ating our expansion into key

high-growth financial mar-

kets,” said Calder.

It’s not all large enterprise

opportunity, however. For in-

stance, the Windstream-Broad-

view deal, which is expected to

close in the third quarter of 2017

and is worth $227.5 million,

strengthens Windstream’s com-

petency in cloud-based unified

communications solutions for

small and medium-sized busi-

nesses, under the OfficeSuite

UC brand.

“Broadview’s unique, pro-

prietary unified communica-

tions solutions will advance

our product portfolio, improv-

ing our competitiveness and

ability to provide enhanced

services to business custom-

ers,” said Tony Thomas, presi-

dent and CEO of Windstream.

“The transaction also will

enable us to leverage Broad-

view’s experienced Salesforce

and cloud operations across

our national footprint.”

Expanding OfficeSuite UC

to a nationwide audience of-

fers an immediate benefit to

the former Broadview team

too. “Broadview has been suc-

cessful transforming its legacy

telecom business into a leading

provider of unified communica-

tions services to businesses

Notable Recent M&A Announcements

Reported

Value

Broadcom acquires Brocade

$5.9B

Broadvoice acquires XBP

n/a

CenturyLink acquires Level 3

$34B

Cisco buys Viptela

$610M

Consolidated Communication buys FairPoint Communications

$1.5B

Crown Castle International acquires Lightower Fiber Network

$7.1B

Datto acquires Open Mesh

n/a

EarthBend acquires Clear2there

n/a

Equinix buys 29 Verizon data centers

$3.6B

FirstLight Fiber acquires Finger Lakes Technologies Group

n/a

Genband and Sonus Networks merge

n/a

GTT Communications acquires Giglinx

$21M

GTT Communications acquires Global Capacity

$100M

GTT Communications acquires Hibernia Networks

$590M

GTT Communications acquires Perseus

$37.5M

Hewlett Packard Enterprise buys Nimble Storage

$1B

Intelisys buys channel assets of Kingcom

n/a

Mitel Networks Corp. purchased Toshiba’s Telecommunications Systems Division n/a

Mitel Networks Corp. is acquiring ShoreTel Inc.

$430M

NetFortris acquires Fonality

n/a

Palo Alto Networks acquires LightCyber

$105M

PGi acquires ReadyTalk

n/a

Procera Networks absorbs Sandvine Corp.

$562M

RCN Telecom Services, Grande Communications andWave Broadband merge n/a

ScanSource acquires POS Portal

$110M

Verizon buys XO Communications

$1.8B

Windstream buys Broadview Networks

$227.5M

Windstream purchases Earthlink

$1.1B

Zayo buys Electric Lightwave

$1.42B

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July - August, 2017