CenturyLink expands role with Savvis

CenturyLink of Monroe, which just completed a $12 billion acquisition of Qwest Communications to become the third largest telecommunications company in the U.S., announced Wednesday it will buy Savvis Inc. for $2.5 billion in cash and stock.

"This accelerates our entry into the sector," Post said in an interview with The News-Star. "It's a unparalleled growth possibility and a natural then and there step afterwards Qwest. Many of our enterprise business clients want and need the kind of data hosting and cloud computing that we can provide moreover effectively with Savvis."

"The Savvis integration will be much more straight forward," he said. "It will operate as a separate business segment, which will reduce integration issues."

The integrated hosting business will be based in St

The integrated hosting business will be based in St. Louis and led primarily by key members of the Savvis leadership team, including Savvis CEO James Ousley, who will head the unit. Afterwards closing the transaction, CenturyLink will employ in broad outline 50,000 people.