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Announced

center3 to acquire CMC Networks from Carlyle.

Synopsis

center3, an all-in-one digital infrastructure hub, offering data centers, submarine cables, and internet exchanges,, agreed to acquire CMC Networks, a telecom service provider, from Carlyle, a private equity company. Financial terms were not disclosed. "Joining forces with center3 is a thrilling development for us. We share a common vision of further expanding in the African market and together we will be able to achieve more, innovate further, and deliver enhanced value to our customers. This acquisition will bring together the strengths of both companies, fostering innovation, enhancing customer service, and providing new opportunities for growth in the African and the Middle East market. We are excited about the future and the opportunities that this acquisition will unlock for CMC Networks," Marisa Trisolino, CMC Networks CEO.

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