1 Min Read
July 31 (Reuters) - Canadian media and cable company Shaw Communications Inc said it would buy data center services provider ViaWest Inc from Oak Hill Capital Partners and others in a deal valued at $1.2 billion on an enterprise basis.
Shaw said the acquisition would help accelerate the development of its Canadian data center platform.
The deal will be funded using a combination of cash on hand and an existing credit facility. (Reporting by Ashutosh Pandey in Bangalore; Editing by Saumyadeb Chakrabarty)