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TeraGo to buy RackForce Networks

| 03/19/2015 3:28 pm EDT

Data solutions provider TeraGo Inc. said Thursday it has reached an agreement to buy RackForce Networks Inc. for $33 million in cash and shares. The acquisition “establishes TeraGo as a leading provider of enterprise class network, data, voice and cloud services,” the company said in a release, and expands the footprint of its data centres from 40,000 to 58,000 square feet. The deal should close by March 27, TeraGo said....