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Japan's NTT pays US$875m for two US cloud computing firms
Published Mon, Oct 28, 2013 · 10:00 PM
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[TOKYO] NTT Communications said yesterday that it would pay a combined US$875 million for two US-based cloud computing firms, marking the latest major overseas acquisition by a Japanese firm.
The telecoms giant said that it had agreed to buy Virtela for US$525 million, while it would shell out US$350 million for an 80 per cent stake in RagingWire …
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