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Globe to acquire Cascadeo cloud assets for USD 4 mln

Monday 20 April 2020 | 06:39 CET | News
Philippines operator Globe Telecom has agreed to acquire the assets of US-based cloud consulting companies Cascadeo Corporation and Cascadeo Partners for USD 4 million. As part of the transaction, Globe, along with Cascadeo, will make follow up investments into the entities for growth capital to fund the company's expansion strategies. Full execution of the agreement is targeted in the next few months following completion of regulatory approvals.

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Categories: Internet
Companies: Globe Telecom
Countries: Philippines
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