NTT Comms snaps up US cloud players in £540 MILLION swoop

Look out Amazon, Japanese giant wants a piece of the cloud too

Enterprise ICT business NTT Communications has taken a big step towards expanding its global cloud computing footprint with the $US525 million (£326m) acquisition of US provider Virtela and a $350m (£217m) swoop for 80 per cent of datacentre firm RagingWire.…

via The Register - Data Centre: Cloud

http://go.theregister.com/feed/www.theregister.co.uk/2013/10/29/ntt_communications_cloud_amazon_acquisition/