Digital Realty Trust, Inc. (NYSE: DLR - News), the owner and manager of corporate datacenters and Internet gateways, has acquired the East Coast datacenter business of AboveNet Inc., a premier metro access provider of custom fiber solutions. The purchase price is $40 million. The transaction consists of the purchase of one fee simple interest property in Reston, Virginia and two leaseholds located in New York City and Vienna, Virginia.
Quality Technology Services (QualityTech), one of the US largest privately held providers of data center facilities and managed services, has announced the acquisition of a 960,000 square foot facility in the downtown Atlanta area. The facility is located at 1033 Jefferson Street in Atlanta, Georgia and was purchased from MetroNexus. The acquisition is in line with the company's strategy to grow its national footprint of data centers to meet the growing demand for data center space from corporate customers and is the seventh data center owned by QualityTech.
Internap Network Services Corporation (NASDAQ: INAP), a leading provider of performance-based routing solutions over the Internet, has announced it has reached a definitive agreement to acquire VitalStream Holdings, Inc. (NASDAQ: VSTH). VitalStream is a leader in audio and video streaming services and a global provider of integrated rich media content delivery services that enable businesses to broadcast digital media content to worldwide audiences via the Internet.
ISP and telecoms provider Pipex has announced their financial results for the half year to the end of June 2006. Group turnover for the period rose by 88% to £119.2 million, and the pre-tax loss increased by 12% to -£4.4 million. At the end of June Pipex hosted 316,000 customers and provided 1.5 million domain names. It also announced that it was continuing to increase its Data Centre space. In Germany it had acquired a freehold property to develop 24,000 square feet of space and in the UK Pipex acquired an extra 15,000 square feet of Data Centre space.
AT&T has announced the purchase of ASP USinterworking Ltd for a total consideration of $300 million. USi specializes in the provision of eBusiness and software services and consultancy. The company will be used to augment AT&T's enterprise hosting and managed services portfolio.
Equinix, Inc. (Nasdaq: EQIX), a leading provider of network-neutral data centers and Internet exchange services, has reported quarterly results for the period ended September 30, 2006.
US carrier Global Crossing has announced the acquisition of UK data networking provider Fibernet UK for a total consideration of £50.6 million. The acquisition of Fibernet provides Global Crossing UK with a UK-wide fibre backbone with 100 POP's based on providing high capacity optical and Ethernet services for the enterprise sector and the wholesale carrier and ISP market. It allows Global Crossing to expand its UK customer base and expand its already existing network presence based on a modern IP and MPLS infrastructure.
Wellington IT services firm Revera has private equity to open virtual data centres in Melbourne and Victoria in Australia. Auckland's Zeus Capital has taken a 12 per cent stake in the company. Australian customers are currently supported from its datacentres in Auckland and Tawa, but rising demand and expectations of network speeds means paying for trans-Tasman fibre connections is no longer cost-effective for the company. The company signed an agreement last year to use five Australian datacentres belonging to Australian firm Nextgen.
Pan-European Data Centre company IXEurope has announced its six-month results for the period to the end of June 2006. They are the first results reported since the company's flotation on AIM in April 2006. For the six month period IXEurope increased the number of European Data Centres from 10 to 14. A four acre site in London was acquired to build London (London4); and newly built Data Centres were opened in Zurich (Zurich4) and Paris (Paris2). An existing Data Centre was acquired in Munich. Revenues grew from £10.5 million to £15.3 million year on year a growth rate of 46%.
PEER 1 Network Enterprises, Inc. (TSX-V: PIX), a leading provider of Internet infrastructure solutions and related managed services, today released the company's financial results for the fiscal year ended June 30, 2006, recording more than three times the revenue of fiscal 2005. All figures are in US dollars.
Schneider Electric and American Power Conversion (APC) have entered into a definitive merger agreement under which Schneider Electric will acquire all outstanding shares of APC for an enterprise value of approximately US$5.5 billion. The price per share is US$31 and will be paid in cash for a total amount of approximately US$6.1 billion. The Board of Directors of APC has approved this transaction. The Supervisory Board of Schneider Electric, following dedicated working sessions, fully supported the Management Board to pursue this transaction.
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