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Lumen Beats Quarterly Revenue Estimates, to Acquire Alkira for $475 Million

Lumen Beats Quarterly Revenue Estimates, to Acquire Alkira for $475 Million
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Reuters reported that Lumen Technologies will acquire Alkira for $475 million as part of its strategy to strengthen AI-driven networking and cloud connectivity capabilities while accelerating its transformation into a next-generation digital infrastructure provider. The acquisition brings Alkira’s cloud-native networking platform into Lumen’s expanding AI infrastructure portfolio, helping enterprises simplify and scale secure multi-cloud connectivity.

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