AT&T Acquires USinternetworking for $300M
Telecommunications carrier AT&T announced on Tuesday that its subsidiary, AT&T Corp., has agreed to acquire privately held applications service provider USinternetworking for approximately $300 million in cash and assumed debt. The transaction, which is expected to close in the fourth quarter, is designed to enhance AT&T's enterprise service offerings.More here.
The acquisition strategically aligns USi's software and e-business management services and consulting expertise with AT&T's existing portfolio of enterprise hosting and managed services.
posted by Fergie @ 9/12/2006 09:42:00 AM
0 Comments:
Post a Comment
<< Home