McLean-Based GTT Communications Inc. To Buy Interoute

2/27/18

McLean-based cloud networking provider GTT Communications Inc. plans to acquire London-based Interoute, which operates of one of Europe’s largest independent fiber networks and cloud networking platforms, for about $2.3 billion in cash.

GTT said the deal would expands global IP network with a fiber footprint interconnecting 126 cities in 29 countries.

The McLean company also said the acquisition would add 15 data centers, 17 virtual data centers and 51 colocation facilities, enhancing GTT’s cloud connectivity platform.

The deal is also expected to add more than 1,000 customers primarily in Europe.

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