Lumen Buys Alkira for $475M, Boosts Cloud Network

Lumen Technologies Acquires Alkira for $475M, Boosting Cloud Networking Capabilities: Lumen Technologies has announced its acquisition of Alkira, a cloud-native networking platform, for $475 million in cash. This move aims to integrate Alkiras software expertise with Lumens extensive fiber network, creating a programmable network ready for the AI boom. The acquisition is expected to close in the third quarter of 2026, pending approvals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aacb58b7ea3f7e5d