Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



CenturyLink Makes an Acquisition

CenturyLink (NYSE: CTL  ) now has a new asset in its portfolio. The company announced that it acquired Tier 3, a provider of public cloud services. The terms of the deal were not made public.

The offerings of the formerly private company, which is based in Seattle and was founded in 2006, are now available as "CenturyLink Cloud." Tier 3 founder and Chief Technology Officer Jared Wray will serve as CTO for the unit. In the press release announcing the acquisition, CenturyLink said that Cloud's suite of products "targets complex enterprise workloads and is user-friendly for businesses of all sizes."

Tier 3's Web URL now redirects to In a blog post on the site, Wray said changes will be "minimal" for clients in the transition to new ownership.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2735146, ~/Articles/ArticleHandler.aspx, 9/29/2016 6:32:46 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 4:02 PM
CTL $27.52 Down -0.03 -0.11%
CenturyLink CAPS Rating: **