Cloud Computing: Canadian Cabler Buys U.S.-Based ViaWest for $1.2 Billion
July 31, 2014
Grazed from Hollywood Reporter. Author: Etan Vlessing.
Shaw Communications is expanding its data center business by acquiring Colorado-based ViaWest for $1.2 billion. The bid by the western Canadian cable giant for a bigger slice of cloud revenues, unveiled on Thursday, will see ViaWest continue to operate as a subsidiary of Calgary-based Shaw.
The Canadian company will acquire a 100 percent interest in the privately-held ViaWest from Oak Hill Capital Partners and other shareholders. ViaWest provides data center and cloud technology services in the U.S. market. Shaw is following other North American cable and telco rivals in building out their data center businesses…
Montreal-based Cogeco Cable Inc. acquired Peer 1 in 2012 and Rogers Communications picked up Blackiron Data in 2013…
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