Lumen Technologies Acquires Alkira
May 7, 2026
Lumen Technologies entered into an agreement to acquire Alkira, a cloud-native, carrier-agnostic networking platform, for $475 million in an all-cash transaction. The acquisition is designed to pair Alkira’s cloud-native control plane with Lumen’s fiber infrastructure to deliver a unified programmable networking platform for hybrid and multi-cloud enterprise connectivity, with emphasis on east-west (cloud-to-cloud and data center interconnect) services.
- Buyers
- Lumen Technologies, Inc.
- Targets
- Alkira
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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