Fiber-optic network operator Level 3 Communications Inc. last week made an unsolicited $1.1 billion offer to buy bankrupt carrier Williams Communications Group. Williams hadn't immediately responded to the offer by Level 3, which recently raised a $500 million war chest for acquisitions of troubled telecom companies.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.