AT&T Buying Wayport for $275 Million
AT&T Inc. (NYSE:T) has agreed to acquire Wayport Inc., an Irving, Texas–based provider of managed Wi-Fi services. The deal is valued at approximately $275 million in cash. Wayport has raised around $155 million in VC funding since 1998, from firms like Seven Rosen Funds, New Enterprise Associates, Millennium Technology Ventures and Scale Venture Partners.
6 November 2008•4 mins read
