By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
The deal, which is part of the London company's restructuring of its US operations, is subject to approval by US regulatory authorities, C&W said in a statement. The company is focusing on providing IP (Internet Protocol) data and hosting services to corporate customers.
C&W said it would update investors on the progress of the restructuring of its US operations when it publishes its interim results in November.
Currently, C&W offers IP-based services in 33 countries around the world.