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Deutsche Telekom to acquire hosting provider Strato (Digital Media Europe)

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(Telecompaper) Deutsche Telekom will sign a contract to acquire German webhosting provider Strato from German telecom services provider Freenet. The contract includes the acquisition of 100 percent of its shares in Strato AG and Strato Rechenzentrum. Freenet unveiled that the operations are sold for EUR 275 million. The supervisory boards of both companies have approved the deal and the ...

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