Acquiring Company
AT&T
Acquired Company
Lumen Technologies
Description
AT&T is in talks to acquire Lumen Technologies' consumer fiber business, valued at over $5.5 billion. This move aligns with AT&T's strategy to enhance its high-speed fiber internet offerings. Lumen's fiber business has been a focus area as the company shifts its strategy towards artificial intelligence services for enterprise clients. The negotiations are in early stages and may not lead to a finalized deal.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed