CenturyLink buys cloud service provider Tier 3
Telecommunications provider CenturyLink bought enterprise cloud service provider Tier 3. The terms of the acquisition deal were not disclosed, according to a report published by VentureBeat.
Following the said deal, Tier 3's cloud services were immediately available under the name "CenturyLink Cloud." This tells its subscribers that not much had changed with the newly acquired company, the report said.
CenturyLink is a telecommunications company based in Louisiana. The telecom giant is the parent company of CenturyLink Prism TV and DirecTV. The firm is also a Fortune 500 company, said the report.
According to its press release, Tier 3's products and goals are being integrated into CenturyLink's cloud strategy. Tier 3 will also be the basis for a new CenturyLinkCloud Development Center. This center will focus on fast and open-source development, VentureBeat said.
In addition, the new center will also offer a new range of products. This will include infrastructure-as-a-service (IaaS), cloud management products, and platform-as-a-service (PaaS). These products will have improved levels of security, speed, global presence, and availability, the report stated.