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NTT Com to acquire Virtela for USD525m in cash

NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE:NTT), and Virtela Technology Services Incorporated, a managed and cloud network services company, announced today that NTT Com and Virtela’s shareholders have entered into a definitive agreement under which NTT Com has agreed to wholly acquire Virtela for a total transaction price of approximately USD525m in cash. Read More