Profitability.net, a managed services and data center services provider, acquired Cincinnati-based CNSGroup LLC and its wholly owned subsidiary DataSuites LLC (DataSuites). DataSuites provides secure private data center environments for some of the Tri-state's largest public companies. The acquisition provides Profitability.net with an existing 11,000 sq. ft. data center and 12,000 sq. ft. of expansion space.
Subsequent to the end of the quarter, Digital Realty has announced that it has completed three additional acquisitions totaling $71.8 million, bringing year-to-date acquisitions to $94.3 million. The first property, 6800 Millcreek Drive, located in suburban Toronto, Canada, totals approximately 84,000 square feet and is 100% leased to an IT services provider. The second acquisition, 101 Aquila Way, a 313,600 square foot property located in Atlanta, Georgia, is 100% leased through 2011 to a major Internet enterprise as a key data center.
Equinix first quarter 2006 results Increased revenues to US$64.9 million, a 5% increase over the previous quarter and a 33% increase over the same quarter last year. The company also added 61 new customers in the quarter including iGames Online, LeBoeuf Lamb, McGraw-Hill, MovieClick, Packet Exchange, Trip Advisor and YouTube. Over 50 percent of Equinix's new bookings in the quarter came from existing customers including Akamai Technologies, Cisco Systems, IBM, Salesforce.com and Sony Computer Entertainment.
Globix UK has announced it is investing £2 million in a high-density hosting facility at its data centre in London. The 4,000sq foot facility will house 20 kilowatt high-density hosting racks. No other data centre in London has the power and cooling capabilities to support such an advanced blade server environment. Space will be available this summer. The build-out comes at a time when London is reaching 100% hosting capacity; both in terms of space within existing data centres and land on which to build new facilities.
Digital Realty Trust, Inc. (NYSE: DLR) has announced that it has commenced a follow-on public offering comprised of 4,000,000 primary shares for approximately $95 million of net proceeds. The sole book runner for this offering is Citigroup Corporate and Investment Banking. The Company has granted the underwriter a 30-day option to purchase up to an additional 600,000 shares to cover over-allotments, if any. The Company intends to use the net proceeds from this offering to temporarily reduce borrowings under its unsecured credit facility.
PEER 1 Network Enterprises, Inc (PEER 1), has released the company's third quarter financial results for fiscal year 2006, for the three months ended March 31, 2006.
Daily, informative, concise, headline summaries of key stories impacting the datacentre and cloud sector emailed to your desktop - Click only the stories you want to read