Tata Communications to acquire The Switch Enterprises for $59m.

Tata Communications, an Indian telecommunications company, agreed to acquire The Switch Enterprises, a customer-controlled video switching services provider, for $59m. "Our combined forces of The Switch's strong presence in North America and Tata Communications' global position will create a formidable powerhouse in the global media ecosystem helping enterprises harness emerging digital consumption patterns to drive innovation and disruption. In addition, The Switch production infrastructure as a service model will allow Tata Communications customers to accelerate adoption of remote production from any event around the world," Tri Pham, Tata Communications CSO.