Big M&A Update: AT&T, RingCentral, Windstream
Consolidation increasingly is impacting channel businesses.
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Two telecommunications giants sold off parts last month.
Technology companies wasted no time finalizing consolidation plans when the new year arrived. A number announced M&A in late 2018 but only recently made their deals official.
A bigger trend is corporations selling business units in order to focus on others. AT&T sold its colocation data centers, but a provision ensured its access to them. Windstream parted with a vestige of its EarthLink acquisition, ditching a consumer unit with the intention of doubling down on business customers.
Other companies bought desired technologies, such as machine learning and customer-engagement platforms.
Scroll through the slides below to get the full scoop.
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