Shaw to acquire ViaWest from Oak Hill in $1.2 bln deal: Reuters

Canadian media and cable company Shaw Communications Inc said it would buy data center services provider ViaWest Inc from U.S. private equity firm Oak Hill Capital Partners and others in a deal valued at US$1.2 billion on an enterprise basis, Reuters reported. Shaw said the deal would accelerate the development of its Canadian data center platform. Oak Hill acquired the Greenwood Village, Colorado-based ViaWest in partnership with the company's management team in 2010.

DealsCanadaNorth AmericaBriefs