CenturyLink Buys Tier 3 To Accelerate Cloud Roadmap - InformationWeek
IoT
IoT
Comments
CenturyLink Buys Tier 3 To Accelerate Cloud Roadmap
Newest First  |  Oldest First  |  Threaded View
samicksha
50%
50%
samicksha,
User Rank: Strategist
11/21/2013 | 2:49:31 AM
Re: $200 million more
I guess its one time investment which is required here further you just capital to mainatain, but look at financial gain and power saved , if as CSP i am serving 04 different oragnizations than their power consumption, device management, manpower consumption gets drastically down making me as CSP earn capital and save for my cutomers. Sound like win-win situation.
Li Tan
50%
50%
Li Tan,
User Rank: Ninja
11/21/2013 | 12:29:43 AM
Re: $200 million more
That's exactly the point - the cloud service is cheap for end user but to run a cloud business, you need heavy initial investment. Cloud computing is a nascent area with high added-value. It's hard to find really good talent and qualified resource to run the business as a cloud service provider. I do wish CenturyLink really get what they paid for.:-)
cbabcock
50%
50%
cbabcock,
User Rank: Strategist
11/20/2013 | 5:37:46 PM
$200 million more
Six-year old Tier 3, with 60 employees, cost CenturyLink $200 million, according to Bloomberg (http://www.bloomberg.com/news/2013-11-19/centurylink-said-to-buy-cloud-provider-tier-3-for-200-million.html) That's after it paid $2.5 billion for Savvis in 2011. Getting into the cloud services market is not cheap.


How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll