Global Crossing Mergers and Acquisitions Summary

CommunicationsCompany

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%).

Join Mergr and gain access to Global Crossing’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the communications sector.

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 ≤ '18 '19 '20 '21 '22 '23 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%)

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Related Lists for Global Crossing Ltd.

Communications Companies , Bermuda Companies