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Telecom to buy Revera for $96.5m

Telecom has signed a conditional agreement to acquire datacentre company Revera for $96.5 million.
The Revera brand will be retained and Revera will continue to run as a standalone business and customers of Gen-i, Telecom’s ICT services division, will have "immediate access to additional cloud capabilities and datacentre capacity", according to a joint announcement by the companies.

Written by Fairfax Media staff28 April 13 22:00