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Lumen Technologies to Acquire Alkira for $475 Million

Lumen Technologies to Acquire Alkira for $475 Million
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Yahoo Finance reported that Lumen Technologies is acquiring Alkira for $475 million in cash to expand its AI-ready networking and cloud connectivity capabilities as demand for multi-cloud infrastructure accelerates. The acquisition positions Alkira’s cloud-native networking platform as a key component of Lumen’s strategy to simplify secure enterprise connectivity across cloud, edge, and data center environments.

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