Lumen Technologies Inc. shares LUMN have been punished this year, but they were getting a lift in Monday’s premarket action after the company announced that it has been working with Microsoft Corp.
and Alphabet Inc.’s GOOG GOOGL Google on a new product. Lumen developed its new ExaSwitch network interconnection ecosystem in collaboration with Microsoft and Google, the company said in a Monday morning release. Lumen shares were up 5% in premarket trading. “This platform empowers organizations with high bandwidth needs to route their traffic dynamically and quickly between networks, and without third-party intervention,”... Lumen Technologies Inc.
and Alphabet Inc.’s GOOG GOOGL Google on a new product. Lumen developed its new ExaSwitch network interconnection ecosystem in collaboration with Microsoft and Google, the company said in a Monday morning release. Lumen shares were up 5% in premarket trading. “This platform empowers organizations with high bandwidth needs to route their traffic dynamically and quickly between networks, and without third-party intervention,” the company noted in its release.