iomart Group, the managed hosting and cloud computing services company, has acquired the entire issued share capital of Titan Internet, a UK managed server hosting company, for £3.6 million cash on completion with a further amount of up to £0.6 million payable in April 2011.

Technology firm ANS Group has splashed out nearly £5 million to buy a Stockport-based business which will take annual revenues at the enlarged company to more than £35 million. Alpha, which also has an office in the City of London, employs 40 staff in total and is expected to post operating profits of £500,000 for 2010 on turnover of £15 million.

BIS, an owner and operator of secure managed London data centres and outsourced managed IT services, has announced Q3 year on year revenue growth of 21%.

IT services provider Terremark Worldwide has posted a narrower-than-expected quarterly loss, helped by customer additions, and forecast third-quarter sales largely above market view. The company, which is seeing growth across product sets and geographies, also raised its fiscal 2011 sales view to US$350-$353 million from prior forecast of US$345-$350 million.

Local media reports that Amazon.com subsidiary Vadata is buying 10 acres of land at the Port of Umatilla. The company already has built, but not occupied, a 120,000 sq ft structure at the Port of Morrow. It is intended to be a computer data centre. In August, Vadata secured35 acres more from the Port of Morrow, not far from the 60 acres on which it already built.

Economic developers in the region believe Vadata intends to build a few identical centres in the region, each with a separate power source, to provide redundancy for its computer systems.

Pacnet, a private equity-backed undersea cable operator, said that it will spend up to US$220 million in the next two years to build a series of data centres across Asia to serve an expected explosion in demand fuelled by mobile data services.

The company, which has just launched its first such centre in Hong Kong, will partly fund the build-out with some of the US$300 million it raised last week in a bond offering that was five times oversubscribed, said Pacnet Chief Executive Bill Barney.

Source: Reuters

Something called Project Roosevelt has landed in the Grant County town of Quincy, and public records show it's Dell who's behind the top-secret data center project.

According to the county Treasurer's Office, Dell Marketing paid S. Michael and Marsha A. Rodgers just over US$3.6 million for land in Quincy. Port of Quincy Commissioner Curt Morris confirmed that the land was purchased for Project Roosevelt.

Source: Daily Journal of Commerce

QTS has announced that it will open its new, 1.3 million sq ft data centre campus approximately two months ahead of schedule in the first week of November.

Green data centre start-up NEXTDC has revealed plans to list on the Australian Securities Exchange chasing a A$60 million capital injection NEXTDC chief executive Bevan Slattery said the company expected to lodge its prospectus on November 9.

Mr Slattery would seek to raise about $40m and that he would personally inject $20m in cash into the company. The deal would be underwritten by investment banks RBS Morgan and US-based Moelis & Co, he said. The funds will almost certainly be used to fund acquisitions.

Source: The Australian

Third quarter revenue to 30 September at Reading-based IT services company Logica was up slightly on last year at US£863 million. The company said it continued to outperform the market in outsourcing, with revenue growth of seven per cent in the third quarter and revenue up eight per cent in the year to date.

Full year revenue is expected to be at a similar level to 2009's £3.7 billion. Chief executive Andy Green said the return to growth reflected strengthened financial services demand across all markets.

Source: Insider Media

Data centre operator Terremark Worldwide has announced it is planning on expanding its data centre space in four key markets to meet growing customer demand for colocation and cloud services. The company says it may turn to the debt markets to finance the construction of these data centres.

Cincinnati Bell has reported lower earnings for the third quarter after higher interest costs for its US$525 million CyrusOne acquisition in June.

Net income for the three months ended Sept. 30 was US$14.5 million compared with US$27.7 million, a year ago. The company said the decline in net income stemmed from US$21 million in higher interest expenses for the acquisition of the Texas-based data centre operator.

Source: Cincinnatti.com

AboveNet, a provider of high-bandwidth connectivity solutions, announced results for the third quarter and nine months ended September 30, 2010.

Third quarter 2010 highlights included Revenue for the third quarter of 2010 was US$103.7 million, a 12.2% increase from US$92.4 million for the third quarter of 2009. Revenue from domestic metro services for the third quarter of 2010 totalled US$29.2 million, an increase of 17.7% from US$24.8 million for the third quarter of 2009.

Source: Market Watch

Interxion, a leading European provider of carrier-neutral colocation data centre services, today released its unaudited numbers for the three months ended 30 September 2010.

Highlights included Revenue increased by 25% to €54.6 million (Q3 2009: €43.7 million) and Net profit of €5.9 million (Q3 2009: profit €1.3 million).

Source: Interxion
 

DuPont has completed the first phase of its new data centre in New Jersey and the second phase of its ACC5 data centre development in Virginia. DuPont has launched both phases on November 1, bringing online 36.4MW of data centre capacity and expanding its portfolio by 30%.

Hossein Fateh, the CEO of DuPont) said that, “We strengthened our balance sheet by issuing preferred stock and using the proceeds to pay off a near-term debt maturity. Additionally, we continue to experience solid demand for our wholesale space from both Internet and enterprise companies.”

Internap Network Services, a provider of end-to-end internet business products and services, has announced the expansion of one of its Boston-area data centres. The expansion at 50 Inner Belt in Somerville, Mass. will include approximately 7,000 sq ft of net sellable raised floor space. This is the second of Internap’s three planned expansions in this facility. The announcement comes 18 months after Internap initially opened the data centre.

Wi-Manx Limited – an Isle of Man based ISP and hosting provider are in the final stages of a project that will see their Heywood House headquarters transformed into a multimillion pound, state of the art data centre. Due for completion in 2011 – the new data centre is set to be the most modern facility of its type on the Isle of Man.

Cbeyond has bought cloud service providers MaximumASP of Louisville, Kentucky, and Aretta Communications of Roswell, Georgia, for a combined US$40 million.

Cbeyond, which providers IT and communications services to 55,000 small businesses, said the acquisitions give it an entry into the cloud services market, broaden its geographic footprint and give it new web distribution and private label reseller channels. It also gains a 33,000 sq ft data centre.

Source: Atlanta Business Chronicle

China Mobile has started work on a three-year project to expand its network of data centres in the second half of 2010, with plans to build data centres in seven provinces and cities. The seven provinces and cities include Beijing, Zhejiang, Guangdong and Inner Mongolia.

The data centres will be used to support its mobile network business and the informationalization of its enterprise business. In addition, China Mobile will introduce the cloud computing system into the newly built data centres.

Source: Capital Vue

IT communications services provider Redstone has acquired Fujin Systems Limited for a maximum of £2.9 million. Fujin is an ICT integration specialist specialising in data centre consolidation in markets including research, media and on-line gaming. Redstone is paying an initial £0.4 million, with up to £2.5m more subject to performance.

Interxion has announced that it has priced a €60 million offering (the "Offering") of add-on 9.50% Senior Secured Notes due 2017 (the "Notes"). The Notes priced on November 4, 2010 at 106.5% for a yield to maturity of 8.148%. The gross proceeds of the Offering were approximately €64 million.

The net proceeds of the Offering will be used primarily for general corporate purposes, including, without limitation, capital expenditure relating to expansion of existing data centres and construction of new data centres.

Gartner is predicting a recovery in enterprise IT spending in the EMEA region, following declines in 2009 and 2010. The analyst company says that enterprise IT spending will rise 1.3% from 2010 to 2011, to reach US$795.2 billion.

Rackspace Hosting, which has data centres in the US, the UK and Hong Kong, has announced its third-quarter profit and revenue increased compared with last year and the previous quarter. The report citing higher customer counts, new services and early returns on investments.

The Web-hosting company reported net revenue of US$199.7 million, a 23% jump compared with the same period last year and a 6.6% increase from the second quarter of 2010. Profit grew 55.3 % year-over-year to US$11.8 million.

Source: My San Antonio

HM Revenue and Customs spent 44% of its 2009-10 supplier budget on its IT outsourcing deal led by Capgemini.

New figures released by the tax-collection agency through freedom of information show its spending was dominated by two outsourced deals — Aspire for IT and Mapeley Steps, a PFI contract for the management of HMRC's property, which cost £333 million in 2009-10. Overall, HM Revenue and Customs spent £1.75 billion on suppliers in the last financial year.

Source: ZDNet

PEER 1 Network Enterprises has announced that it has entered into a credit agreement with a syndicate of lenders led by National Bank Financial for a US$45 million non-revolving term facility and a US$30 million revolving credit facility.

Unified business communications specialist Daisy Group has revealed its latest acquisition, signalling a move further into the midmarket. The firm says it has reached an agreement with SpiriTel’s directors on a recommended cash offer worth £27.3 million.

Matthew Riley, CEO of Daisy Group said “With our data hosting capabilities from the former Vialtus business, this deal gives us a great cross-sale opportunity to sell hosted solutions and fill our three data centres in London, Manchester and Fareham.”

Source: Channel Pro

Two legends in the world of web server rental and hosting, The Planet and SoftLayer, have merged, putting an end to the rumours and speculations that were around for months. The confirmation message was revealed by The Planet, via a private email message that says official announcement of the merger shall be commenced soon. As per the report, The Planet shall now be known as SoftLayer. The reports showing the stake of the management and investment firm of SoftLayer in The Planet had sparked talks that the company is going to be acquired soon.

Cisco Systems posted gains in both profit and revenue for its fiscal first quarter that ended Oct. 30, despite what it called "a challenging economic environment." However, the company missed its internal projection for product orders by about US$500 million, largely because of weakness in Europe, the public sector and the cable set-top box business. Cisco forecast revenue growth of 3%-5% for the current quarter but predicted the full fiscal year 2011, ending in July 2011, would show revenue gains between 9-12% compared with the previous year.

euNetworks Group Limited has, announced total revenues for the third quarter of €10.3 million, up 40% from 3Q 2009 and 11% on 2Q 2010. The Group achieved €9.1 million in recurring revenues in the quarter, up 24% from 3Q 2009, with €1.2 million of one offs.

Gross profit for the quarter increased by 38% year on year to €8.0 million, and by 7% on the preceding quarter. Gross margin dropped slightly to 77% in the quarter from 80% in 2Q 2010..

Source: Eon Business

Online IT infrastructure provider PEER 1 Network Enterprises has announced its results for the three months ended September 30, 2010, reporting a 12.6% revenue increase to US$26.3 million from US$23.4 million compared to the same quarter last year, however, operating income, normalized EBITDA and net income decreased.

Compared to Q1 2010, however, operating income fell 51.3% to US$1.2 million from US$2.5 million, normalized EBITDA dropped US$6.5 million to US$6.02 million, and net income decreased to US$0.36 million from US$1.3 million.

Source: The WHIR

Data centre operator Atomic Data Centers has announced the acquisition of IT services firm 1543AD. They have merged to add Microsoft Software Services to their cloud computing and data management services. Minneapolis-based 1543AD provides IT management and software development.

Atomic Data Centers, which is also headquartered in Minneapolis, currently has seven facilities, including three in Minnesota, Arizona, Georgia, Spain and Hong Kong. The company says it will also open four new data centres in 2011 in California, Texas, New York and Ohio.

Facebook will follow in the footsteps of Google and Apple and build a US$450 million data centre in Western North Carolina to store the growing amounts of digital information it collects.

UK Grid has announced plans for a 2,500 sq m storage facility in Manchester, which will cost £10 million. The Manchester-based firm said the site, which houses racks of digital storage space, will be carbon neutral because it has promised to offset emissions by helping a forestry project owned by its UK Grid Renewables subsidiary.

CoreSite Realty Corporation, a national provider of powerful, network-rich data centres, has announced results for the three and nine months ended September 30, 2010.

Internet Initiative Japan reported net Income attributable to IIJ for the first six months of Fiscal Year Ending March 31, 2011 of JPY859 million or US$10.3 million, compared to its target of JPY 800 million. Net income attributable to IIJ for the period rose 20.1% from JPY 715 million recorded in the same period prior year.

Operating income for the first half of fiscal 2010 increased 3.0% mainly due to the increase in gross margin of network service revenues, operating income related to IIJ-GS of 1 month and the decrease in operating loss of ATM operation business.

Vocus Communications has completed the A$5.9 million acquisition of the data centre businesses of E3 Networks. Vocus paid A$5.9 million for the assets, including A$4.9 million in cash and A$1 million in Vocus shares, in an acquisition first announced last month.

The UK’s fixed line incumbent, BT, has said that it could extend the reach of its superfast fibre-based broadband network to around 90% of the country’s homes if it is able to access funds expected to be made available by the government.

According to the Financial Times, the telco’s CEO Ian Livingston said that his company could reach the higher coverage level by 2017 if it were handed the bulk of the £830 million that the state could make available as part by taking a portion of the TV licence fee to help support broadband rollouts in rural regions.

Source: Telegeography

The international PC maker Dell, who is on its way of transferring to a services and solutions provider, has announced plans to build two new data centres in China within one year.

ITC^DeltaCom, a provider of integrated communications services to customers in the southeastern United States, has announced its operating and financial results for the quarter ended September 30, 2010. These results are following the October 1, 2010 announcement of the definitive agreement for purchase of ITC^DeltaCom by EarthLink, Inc.

For the quarter ended September 30, 2010, ITC^DeltaCom reported total operating revenues of US$110.9 million, net loss of US$4.7 million, and adjusted EBITDA of US$21.8 million.

Source: Market Watch

EMC, the Hopkinton data storage giant, said it has agreed to buy Isilon Systems, a Seattle company specializing in scale-out network-attached-storage systems, a fast growing segment of the data storage industry. "Under terms of the agreement, EMC will pay US$33.85 per share in cash in exchange for each share of Isilon for an aggregate purchase price of approximately US$2.25 billion, net of Isilon's existing cash balance," EMC said.

The companys' boards of directors have unanimously approved the agreement, and the transaction, is expected to be completed late this year, said EMC.

Data centre specialist Teraco Data Environments intends to invest nearly R300 million in new data centres in the next 24 months on the back of escalating demand for cloud computing services from corporate South Africa. It is also looking to build data centres in Nigeria and Kenya as demand grows elsewhere in Africa for such facilities, says MD Lex van Wyk.

Kiev-based De Novo IT company has attracted new minority investors: the International Finance Corporation, part of the World Bank Group, and Intel Capital. A joint report from the three parties issued says that the IFC's investment included a US$3.5 million equity investment. The amount of Intel Capital's investment has not been disclosed.

According to the document, funds will be used to commercially launch the De Novo TIER III Data Center and expand its portfolio of services.

Source: Kiev Post

Patni Computer Systems said that it secured a five-year contract with UK IT services provider 2 . The contract will provide a range of support services for 2's end-user clients and the delivery of in-house support services. The estimated contract value is in the region of €20 million with a potential to further scale rapidly in the first two years.

NetApp has reported a 72% jump in quarterly profit, as the maker of data storage technology got a boost from a big jump in product sales.

The Sunnyvale, Calif.-based company posted a fiscal second-quarter profit of US$164.6 million, compared with a profit of US$95.7 million for the year-earlier period. Revenue was US$1.2 billion, up from US$910 million.

Source: Market Watch

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Delegates at the FutureGov Forum Philippines this week pushed for the revival of plans to build a dedicated data centre for government agencies. While some larger agencies operate their own data centres, smaller agencies “don’t have that luxury” and would benefit from a consolidated data hub, said Denis Villorente, Director, Advance Science & Technology Institute, Department of Science & Technology, the Philippines.

Layered Technologies Inc. has bought data centre operator GSI Hosting for an undisclosed amount, the company has said. Kansas City-based GSI operates 100,000 sq ft of data centre space in the area and specializes in serving the payment card industry and others needing high-security, compliance-based data services.

National freight and logistics company Northline has signed a five-year infrastructure-as-a-service contract with Brennan valued at close to A$5 million. The deal would see Brennan provide hosted managed services (including servers) and a national private network linking all Northline offices, all from infrastructure hosted in Brennan’s Sydney and Brisbane data centres.

The service will replace Northline’s 16 ageing servers running Windows Server 2003 with Microsoft Windows Server 2010 software running on tier-one server hardware, the companies said.

Source: CRN

The Samara region has started construction of the Zhigulyovskaya Dolina IT-Park. The Zhigulyovskaya Dolina project should be implemented in 2010-2014. Estimated cost is around four billion rubles. Plans call for the establishment of License and Certification centres, Conference centre, call-centre, outsourcing centre, training and office buildings as well as parking lots.

Nlyte Software has closed a US$12 million series C investment led by NGEN Partners with Balderton Capital, Ruffer LLP and Montalcino Holdings participating in the round. The Menlo Park green IT company provides data centre infrastructure management software and services.

Nlyte Software’s chief executive Joe Temple says, “We help data centre managers with capacity planning, so there’s an efficient use of power, cooling and space, and optimal placement of data assets [within their facilities].”

Source: Tech Crunch

IBM has secured a five-year deal with the Westpac Group for the supply of infrastructure services as the major bank continues its technology transformation. The agreement follows doubts from Westpac chief executive, Gail Kelly late last year about whether the decade-long relationship would continue as mainstream opinion on IT outsourcing models moved from decade-long mega-deals toward a best-of-breed approach over shorter timeframes.

CDC, an enterprise software, IT services and new media company, has reported revenue of US$78.4 million for the third quarter of 2010, a marginal increase of 2% compared to US$77 million for the same period last year. The company's operating loss for the third quarter was $3.1m, compared to an operating loss of $2m for the same period last year.

LeaseWeb, one of Europe’s largest quality hosting providers, has announced it will open its first data centre in the United States early next year, as part of a major global expansion program to increase its footprint worldwide.

NetWitness, a network security company that provides real-time network forensics and automated threat analysis solutions, has signed a 30,000 sq ft lease at Parkridge Center Four in Reston, VA.

Matt Pacinelli, Penzance's director of leasing, spearheaded the leasing effort that brought Virginia-based NetWitness to the Reston property said "What attracted them to the building for their worldwide headquarters was our ability to deliver a high-end data centre along with very attractive, unique office space featuring high ceilings, skylights and six private terraces,"

India is expected to spend about US$95.47 billion on information and communication technology in the country by 2014, driven primarily by hardware and telecom, research firm Gartner said.

From a spending of US$56.82 billion in 2009, it is estimated that the ICT spending in India will grow at a compound annual growth rate of 10.9% to reach US$95.47 billion in 2014, Gartner said.

Source: Business Standard

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Google is running out of space to store virtual bits of information, prompting the company to send construction crews back to its Berkeley County data centre campus next year. The Mountain View, Calif.-based Internet search giant built two large boxy warehouses - both meant to store data such as Gmail messages, Picasa photographs and detailed Google Maps street-view images - at its 500-acre site near Goose Creek.

Global Switch is to build a world class A$300 million fully-fitted data centre in Sydney having received Part 3A Major Projects approval from the NSW Department of Planning. The 365,000 sq ft (34,000 sq m) new data centre - Sydney 2 - will be adjacent to Global Switch's existing data centre in Sydney which is already the largest facility of its kind in the Southern Hemisphere with 450,000 sq ft (42,000 sq m) of space.

ABB, the global power and automation technology group, has announced it has invested about $13 million in Aquamarine Power, a Scottish company that has developed technology to convert energy captured from waves near shore into clean, usable electricity. ABB Technology Ventures, the company's venture capital arm, made the investment in a funding round that also included a $4.8 million investment from SSE Venture Capital, the venture capital unit of Scottish and Southern Energy and other investors.

IT consulting major Capgemini has snapped up domestic IT services firm Thesys Technologies for an undisclosed amount, an acquisition that will boost the French entity's global delivery capabilities.

Capgemini, which has a good presence in India, is a provider of consulting, technology and outsourcing services. Without disclosing the financial details of the acquisition, Capgemini said the buyout would boost its position in the packaged core banking platform market.

Source: Times of India

Interoute and the Milan Internet Exchange have announced a collaboration agreement whereby MIX will have a Point of Presence in the Interoute facilities located in Bari, Southern Italy.

There is no joined-up thinking about the development of telecoms in Ireland and the cost of building infrastructure is still too high, according to Gary Keogh, managing director of Colt Telecom, the business telecoms company which celebrates 10 years in the Irish market this year. Colt Telecom invests on average €1-€2 million a year in building infrastructure but, while other business costs have fallen in Ireland in the last few years, the “cost of digging” to lay telecoms cables is “still very high”, according to Mr Keogh.

IT services provider ASG Group has completed a A$10 million capital raising and will use the funds to pay for the construction of a new data centre in Perth. ASG issued 8.3 million new shares at A$1.20 per share, a discount of 5.9% to the last closing price of ASG shares.

Chief executive officer Geoff Lewis said "We see the construction of the Perth Data Centre as providing an additional competitive advantage to ASG through the enhanced client experience it allows us to deliver,”

Source: WA Business News

A 36% rise in revenues has helped cloud computing and managed hosting services company iomart Group report a 105% increase in profit after tax of £1.0 million (H1 2010: £P0.5 million squared) in its half yearly results to September 30 2010. Also Revenue rose 36% to £11.4 million (H1 2010: £8.4million)

HP took 9% of the money spent by the Foreign and Commonwealth Office with its 100 biggest suppliers in 2009-10

The company that keeps Facebook's 500 million members connected will spend up to A$350 million setting up shop in Australia next year.

Data centre equipment firm Mellanox Technologies has announced it will acquire fellow networking technology provider Voltaire for about US$218 million. Mellanox will eventually end up paying US$176 million after taking into account the cash on Voltaire's books. The terms of the transaction have been unanimously approved by the boards of directors of the companies.

Expected to close in the first quarter of 2011, the acquisition will strengthen Mellanox's position as an end-to-end connectivity solutions provider for the growing worldwide data centre server and storage markets.

HCL Technologies, a global IT services provider, has announced that it has signed a multi year end-to-end IT Infrastructure Management engagement with pharmaceutical company Purdue Pharma L.P. The scope of this engagement covers management of two data centres and all remote locations of the client in the US.

HCL Technologies will also be responsible for transforming Purdue’s IT environment by implementing its world class processes as per ITIL V3 and MTaaS platform.

Source: India Infoline