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Announced

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Colt Technology Services completed the acquisition of the EMEA business from Lumen for $1.8bn.

Synopsis

Colt Technology Services, a provider of communication and information technology services, completed the acquisition of the EMEA business from Lumen, an American telecommunications company, for $1.8bn. "We're excited about what this transaction does for our customers and for Lumen. Our focus on building deep relationships with strategic partners allows us to simplify our business while delivering a seamless networking experience for our multinational customers. Through our strong relationship with Colt, both companies are well positioned for future growth," Kate Johnson, Lumen CEO.

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