Savvis Completes Purchase of Ciber Global IT Outsourcing Business
Acquisition Includes Assets in North America, Europe and India
ST. LOUIS, Oct. 15, 2012 /CNW/ - Savvis, a CenturyLink company (NYSE: CTL) and
global leader in cloud infrastructure and hosted IT solutions for enterprises,
today announced it has closed on its purchase of certain assets of Ciber's IT
Outsourcing (ITO) business for $6 million in cash, plus potential additional
future consideration based on financial performance through December 2013.
(Logo: http://photos.prnewswire.com/prnh/20111122/CG10879LOGO )
Savvis and Ciber, a global information technology consulting and managed
services company, announced the purchase agreement on July 31. The assets
include client and vendor relationships, infrastructure, technology and
facilities spanning North America, Europe and India.
"Savvis' acquisition of Ciber's ITO assets enhances and expands our
capabilities in areas such as application-management services and help-desk
support, while also increasing our client base and vendor associations," said
Jim Ousley, chief executive officer of Savvis and president of CenturyLink's
Enterprise Markets Group. "The Ciber clients we attained through this
acquisition benefit from direct access to Savvis' global footprint, services
and account teams, plus the enhanced communications services provided through
CenturyLink's robust global network."
This transaction builds on the reseller relationship formed in 2011 that
enabled Ciber to leverage Savvis' worldwide data centers and network capacity
to serve the growing needs of Ciber's clients. With more than 50 data centers
throughout North America, Europe and Asia, Savvis is an industry leader in
global infrastructure hosting and enterprise cloud computing environments.
Savvis, a CenturyLink company, is a global leader in cloud infrastructure and
hosted IT solutions for enterprises. Nearly 2,500 unique clients, including
more than 30 of the top 100 companies in the Fortune 500, use Savvis to reduce
capital expense, improve service levels and harness the latest advances in
CenturyLink is the third largest telecommunications company in the United
States and is recognized as a leader in the network services market by
technology industry analyst firms. The company is a global leader in cloud
infrastructure and hosted IT solutions for enterprise customers. CenturyLink
provides data, voice and managed services in local, national and select
international markets through its high-quality advanced fiber optic network
and multiple data centers for businesses and consumers. The company also
offers advanced entertainment services under the CenturyLink™ Prism™ TV
and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500
company and is included among the Fortune 500 list of America's largest
For more information, visit www.savvis.com or www.centurylink.com.
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