CenturyLink Buys Tier 3

(RTTNews) - CenturyLink, Inc. (CTL) said Tuesday that it has acquired Tier 3, an innovative provider of public cloud services based in the Seattle area, for an undisclosed price.

Tier 3's cloud platform is immediately available as "CenturyLink Cloud." In addition, Tier 3's products, roadmap and vision are now the foundation of CenturyLink's cloud strategy and anchor the new Seattle-based CenturyLink Cloud Development Center.

Jared Wray, the founder and chief technology officer for Tier 3, will now serve as chief technology officer for the CenturyLink Cloud organization and lead the CenturyLink Cloud Development Center.