When Brocade Communications completed its acquisition of municipal Wi-Fi provider Ruckus Wireless last May, it informed investors that the deal would create a new kind of pure-play networking company. That seemed to be what the networking...
CenturyLink Inc. agreed to buy Level 3 Communications Inc. for about $34 billion in cash and stock, creating a more formidable competitor to AT&T Inc. in the market to handle heavy internet traffic for businesses.