Japan's NTT Comm to buy two U.S. cloud computing firms: source

TOKYO (Reuters) - NTT Communications Corp plans to buy two U.S. cloud computing firms for up to 100 billion yen ($1 billion) combined, a source with knowledge of the matter said, as Japanese firms ramp up efforts to improve overseas networks through acquisitions. The unlisted long-distance and overseas calling unit of Nippon Telegraph and Telephone Corp will buy Virtela Technology Services Inc, allowing it to offer data services globally without licensing cables and lines in individual markets. ...



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