Catalyst-Backed Codero Hosting Acquired by Telco Consortium

By Timothy Hay

Codero Hosting, a provider of on-demand hybrid cloud hosting services that is majority-owned by Catalyst Investors, is being acquired by BLM Acquisition Corp., a move that will give Codero access to a wealth of new partners and investors, the companies said in a news release.

BLM is a consortium of 32 regional telecommunications companies and broadband providers....