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Level 3 acquiring Global Crossing

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Level 3 (www.level3.com) is picking up Global Crossing (www.globalcrossing.com) for around $3 billion, including about $1.1 billion of debt on GC’s books and the rest in stock to GC shareholders.   The total company will (well, would have) combine 2010 revenues of $6.26 billion and adjusted EBITDA of $1.27 billion “before synergies” (i.e., job cuts, [...]

Broadsoft buys Packet Island… who's next?

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Having bought up every other VoIP apps company it could get its hands on, BroadSoft is in the process of acquiring privately-held QoS monitoring firm Packet Island.   Hmmm…

BroadSoft says the acquisition is being made to address “the critical need” for ensuring QoS and QoE (quality of experience) for real-time (i.e. phone and video) [...]