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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