BT buys Infonet for $965 million
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British Telecom (BT) said it has signed an agreement to acquire Infonet, a leading provider of IT and telecom services, for a consideration of $865 million.
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BAE Systems PLC, Europe&#39;s largest military company, said yesterday that it had agreed to acquire DigitalNet Holdings for $494.
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BT has signed a E3.75m deal with Canadian firm Nortel for the supply of IP telephony equipment for a major new &#39;virtual&#39; contact centre.
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British Telecom is buying U.S.-based Infonet Services in a deal that values the company at almost $1 Billion.
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British Telecom will acquire Infonet Services in a deal worth US$965 million, BT Group said on Monday. The telecommunications giant said its acquisition of the network service provider will create cost savings
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(InfoWorld) - British telecom giant BT Group will spend Â£14 million ($27 million) over the next seven years on a new south London datacenter to strengthen its hosting and management services, the company said Thursday. The 930-square meter facility, which will have biometric security features, should be complete by September and has additional room for expansion, BT said. The company wants to grow its data services business by 20 percent a year with an emphasis on enterprise, public sector and financial services customers. BT estimates the data services market is worth Â£5.2 billion in Europe. BT is revamping many of its 70 data centers across the U.K., said Rajiv Abeysinghe, BT's data center transformation manager, at a conference in London on Wednesday hosted by Intel. Customers are asking for the ability to architect and host applications within BT datacenters, he said. BT is also looking to maximize its return on investment in datacenters, looking at ways to cope with power requirements with an eye toward renewable energy. The company said it reduced its carbon emissions by 60 percent between 1996 and 2006, and is working to up that figure to 80 percent by 2016. BT is asking vendors to make products with wider limits on temperature, humidity and air-quality, which could allow for more utility savings, Abeysinghe said. The company is increasing the ratio of applications on each of its servers' CPUs (central processing units) while also looking at virtualization technology. BT would like to increase its CPU virtualization rate from around 7 percent to 10 percent to 80 percent. "Virtualization can provide us with greater efficiency," Abeysinghe said. Â
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LOS ANGELES -- Britain&#39;s largest fixed-line telephone company, BT Group PLC, agreed to acquire El Segundo, Calif.,-based Infonet Services Corp.
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UK telecom giant BT announced its best-ever quarter in terms of wholesale broadband connections. In the three months to Sept. 30, the carrier had more than 600,000 new connections.
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BT Group PLC said Thursday its takeover of data service company Infonet Services Corp. was closer after receiving clearance from U.S. antitrust authorities.
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Telecoms operator BT Group said it had agreed to buy Californian voice and data network service provider Infonet Services Corp for 965 million dollars (520 million pounds).
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Company strikes deal with BT Wholesale to sell broadband Net service in Britain, bundle it with mobile offerings.
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BAE Systems North America announced a deal Saturday to acquire Herndon-based DigitalNet Holdings Inc. for $595 million in cash, pushing it further into the growing government information technology market.
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Cisco Systems has finalized an agreement to purchase privately held BCN Systems, a provider of networking software design. Under the terms of the agreement, Cisco will pay approximately $34 million in cash for BCN. The price could increase by as much as $122 million if BCN meets certain development and product milestones. BCN's architecture will be incorporated across Cisco's broad routing portfolio and will support Cisco's delivery of next-generation data, voice, and video services over a converged network.
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British defense contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.
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US phone company SBC  Communications agrees to buy its former parent AT&T for about $16bn (Â£8.5bn).
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Acquires Belgian IT services outfit Telecoms giant BT has acquired Belgian-based network systems integrator INS Group S.A. as it continues to push the brand beyond British shores.â¦
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LONDON  - British defence contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.