Global Crossing - M&A Summary, Ownership, and Business Overview

CommunicationsCompany

Global Crossing M&A Summary

Global Crossing has acquired 5 companies of its own. A total of 2 acquisitions came from private equity firms.

Global Crossing’s largest acquisition to date was in 2000, when it acquired IXnet for $3.8B. Global Crossing has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include communications (100%).

Global Crossing Ownership

Who owns Global Crossing?

Global Crossing is owned by Level 3 Communications. It was acquired on April 11, 2011.

Global Crossing Business Overview

Where is Global Crossing headquartered?

Global Crossing is headquartered in Hamilton, Bermuda.

What sector is Global Crossing in?

Global Crossing is a communications company.

When was Global Crossing founded?

Global Crossing was founded in 1997.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 1
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 2
  • M&A Advisors 1

Global Crossing Ltd.

Wessex House 45 Reid Street,
Hamilton, HM 12
Bermuda,
(441) 296-8600

Global Crossing is a global IP, Ethernet, data center and video solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice, collaboration, broadcast and media services delivered with superior customer service. Global Crossing provides services to enterprises; government departments and agencies; and 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries, and has 17 world-class data centers in major business centers around the globe.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $3.9B $3.9B
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Genesis Networks 2010-11-01 27M USD Add-on Acquisition
New York, New York · www.gen-networks.com
IMPSAT Corp. 2007-05-09 - Add-on Acquisition
Buenos Aires, Argentina
Fibernet Group Plc 2006-10-11 95M USD Add-on Acquisition
Basingstoke, United Kingdom
IXnet, Inc. 2000-02-22 3.8B USD Add-on Acquisition
New York, New York
Neptune Communications Corp. 1999-01-26 - Add-on Acquisition
Kenner, Louisiana
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 5 (100%) 3.9B (100%) - -
Total 5 $3.9B - -

By Geo

State/Country Buy Value Sell Value
United States 3 3.8B - -
  New York 2 3.8B - -
  Louisiana 1 - - -
Argentina 1 - - -
United Kingdom 1 95M - -
Domestic - - - -
Cross-border 5 (100%) 3.9B (100%) - -
Total 5 $3.9B - -

Top M&A Advisors

Legal Deals
Latham & Watkins
 1

Deal Values

buy # Total
> $1B 1 $3.8B
< $100M 2 $122M
TOTAL $3.9B
Largest IXnet, Inc.
$3.8B (2000-02-22)

M&A Connections

Deals
Acquired from
Investor(s)
40%
2 (40%)

Company Summary

SECTOR

Communications

Established

1997

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Communications Companies , Bermuda Companies

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