Broomfield-based Level 3 acquires cybersecurity firm Black Lotus
BROOMFIELD – Level 3 Communications (NYSE: LVLT) on Wednesday announced the acquisition of Los Angeles-based cybersecurity firm Black Lotus.
Terms of the all-cash deal were not disclosed because the purchase is not expected to be material to Broomfield-based Level 3’s financials.
Black Lotus, which has about 20 employees and annual revenue of less than $10 million, provides Distributed Denial of Service (DDoS) mitigation services. For instance, the firm can help companies guard against cyberattacks where nefarious entities might try to flood the bandwidth or resources of their website and crash their site with an overload…
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