The seller of fiber-optic infrastructure will be combined with another company to operate 10 data centers in New York and New England.
mergers and acquisitions
Indian company offers to buy parent firm of Rumford mill
Kejriwal Group International offers to buy British Columbia-based Catalyst Paper, whose board says the infusion of capital could accelerate planned growth.
Houston power utility to purchase Electricity Maine parent for $28 million
Customers in Maine are not likely to experience rate changes as a result of the planned acquisition, a state official says.
Bar Harbor Bank buying New Hampshire bank in $143 million deal
Lake Sunapee Bank Group is expected to join Bar Harbor by the start of 2017.
Scarborough IT, human resources firm acquired by New York City company
The deal between Dresser & Associates and Net@Work keeps all Maine employees and its office intact.
Fairchild deal with rival ON Semiconductor delayed
Regulators still have not approved the $2.4 billion sale of Fairchild, which operates a plant in South Portland, to the larger Arizona chip maker.