The auction of data center and cloud services company Latisys Holdings LLC ended with a $675 million sale to fiber networker Zayo Group Holdings Inc. (ZAYO), the buyer said Wednesday.
Catalyst Investors LP and Great Hill Partners LLC have backed Latisys since 2007.
Click to read about the press release.
The first of the holiday shopping data has been reported, and total spending dropped an estimated 11% from Thanksgiving through the weekend across both online and physical stores from $57.4 billion to $50.9 billion. National Retail Federation President and CEO Matthew Shay explained, “A strengthening economy that changes consumers’ reliance on deep discounts, a highly competitive environment, early promotions and the ability to shop 24/7 online all contributed to the shift witnessed this weekend.”
READ MORE >Ascentis Corporation, a market leader in easy-to-use human resources software, online payroll services, and human capital management (HCM) solutions, announced today that the company secured $7 million in additional funding.
READ MORE >