12 Recent Networking Industry Acquisitions To Keep An Eye On

Level 3 And Global Crossing

Earlier this month came word that Level 3 would acquire Global Crossing for about $3 billion in stock, promising a hulking global networking force with fiber optic networks on three continents. This is the type of deal everyone's talking about simply because it cuts across so many networking disciplines, from IP, Ethernet, data center and video services to transport, collaboration, VPN and managed services. Jim Crowe, Level 3's CEO, described the merger as a "transformational combination," and it's hard to call that an overstatement.

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