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Tag: buys
GTT buys Global Capacity for USD 100 mln, plus shares
2017-06-27 08:53:00| Telecompaper Headlines
(Telecompaper) Cloud networking provider GTT Communications (GTT) has agreed to buy Global Capacity, a provider of network connectivity systems aimed at helping companies connect to cloud and business destinations, for USD 100 million in cash and 1.85 million GTT shares. The acquisition is expected to close by the end of third quarter, subject to the usual regulatory approvals and closing conditions. GTT will fund the cash portion of the deal with funds from the debt offering completed in May. After integration, GTT CEO Rick Calder expects the combined company will achieve the company's previously announced financial objective of USD 1 billion in revenue and USD 250 million in adjusted EBITDA.
Tags: global
capacity
usd
shares
Belgian Navy buys ten licences of SeeTrack software from SeeByte
2017-06-23 01:00:00| Naval Technology
The Belgian Navy has acquired ten licences for SeeByte's SeeTrack software, which is to be integrated into its fleet of autonomous underwater vehicles (AUVs).
Tags: software
navy
buys
belgian
Nestly Buys Stake in Meal Delivery Group Freshly
2017-06-20 21:51:00| Food Processing
Freshly is a small ready meals group that sells healthy, prepared meals to consumers across the U.S. using a subscription-based model.
Tags: group
delivery
meal
buys
How Much Of A Guarantee Is Best Buy's Guarantee?
2017-06-19 12:07:05| eWeek Finance
Retail marketers have always been in love with the word guarantee, without feeling the need to embrace its meaning.
Aggreko buys Indonesian power rental company KBT
2017-06-15 01:00:00| Power Technology
UK-based Aggreko has purchased Indonesian power rental company PT Kerta Bumi Teknindo (KBT) for around $32.8m.
Tags: company
power
rental
buys
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