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REDWOOD CITY, CA – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has entered into an agreement with Ontario Teachers’ Pension Plan to acquire all of the equity interests in the Metronode group of companies, an Australian data center business, in an all-cash transaction for A$1.035 billion, or approximately US$792 million. Metronode is a leading data center provider operating facilities throughout Australia, housing mission-critical internet and communications infrastructure for some of Australia’s largest corporations, government agencies, telecommunications and IT service providers. Metronode generated approximately A$60 million, or approximately US$46 million, of revenues in the 12 months ending September 30, 2017, with a margin profile accretive to the Equinix Asia-Pacific business. The acquisition agreement was signed on December 15, 2017, and the transaction is expected to close in the first half of 2018, subject to some closing conditions including regulatory approval.

The acquisition of Metronode will further strengthen the leadership position of Equinix in the Asia-Pacific region and support its ongoing global expansion. As a result of the transaction, Equinix will expand its national footprint by adding 10 data centers, strengthening its position in Sydney and Melbourne, and adding a presence in Perth, Canberra, Adelaide and Brisbane, four new metros to the Equinix global platform. This will bring the company’s total International Business Exchange™ (IBX®) data center footprint in Australia to 15 data centers, further extending its global ecosystem coverage and enabling customers to deploy their infrastructure, applications and services closer to the edge.


Australia’s robust economy has seen 26 years of uninterrupted economic expansion, and has maintained an average GDP growth rate of 3.3 percent1, the highest rate among developed countries. Digitally enabled innovations are forecast to contribute between A$140–A$250 billion (approximately US$107–US$191 billion) to Australia’s GDP by 20252. The acquisition of Metronode will further extend Platform Equinix™, providing more businesses with the direct and secure connectivity they need as they increasingly shift to digital business models.

The acquisition will complement the growth strategy of Equinix in Australia by adding two data centers in Melbourne, three in greater Sydney (including one in Illawarra), two in Perth, and one in each of Canberra, Adelaide and Brisbane. The acquired Metronode sites add approximately 20,000 square meters of gross colocation space to the Equinix footprint.

Metronode adds more than 80,000 square meters of land, 90 percent of which is owned, to the global portfolio of Equinix. Several of the acquired assets provide Equinix with the opportunity to build additional capacity and capture benefits of scale over time.

The acquisition will also enable Equinix to provide diverse second campus locations in its existing Sydney and Melbourne metros, providing customers with network-rich redundant options in these markets. In addition, these new campuses are hyperscale ready, enabling Equinix to support requirements from high-growth global cloud service providers.

Metronode’s Perth site on the west coast of Australia will house the landing station for the new Vocus Australia Singapore Cable. When combined with the existing submarine cable deployments in Sydney, Equinix will be positioned as a leading provider of access to intercontinental connectivity across the combined national footprint.

According to the Global Interconnection Index, Interconnection is becoming an essential building block of the digital economy. In Asia-Pacific, the Interconnection Bandwidth of the Government & Education sector is expected to see a compound annual growth rate (CAGR) of 69 percent from 2016 to 2020. The enhanced national footprint of Equinix in Australia creates an opportunity to expand on Metronode’s relationships with government agencies across the Australian market, including supporting the New South Wales Government with the provision of capacity in two data centers for the GovDC program.

Upon close, the acquisition will bring the total Asia-Pacific coverage of Equinix to 40 data centers, and will extend its global footprint to 200 data centers in 52 markets, providing customers with even more ways to securely deploy, directly connect and effectively scale their digital infrastructure with Platform Equinix.

J.P. Morgan served as the financial advisor of Equinix, and Allen & Overy acted as the external legal advisor of Equinix in connection with this transaction. Ontario Teachers’ Pension Plan was advised by UBS and RBC Capital Markets.

About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most interconnected data centers. In 48 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. Equinix.com.

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HARRISBURG, PA – TE Connectivity (TE), a world leader in connectivity and sensors, today announced that it will showcase a range of industry-leading data communications connectivity solutions in booth 817 at the DesignCon 2018 expo on January 31-February 1 in Santa Clara, California. In addition, TE’s Nathan Tracy will speak on a panel of experts discussing the topic, “Examining System Challenges When Implementing Next Generation Data Center Input/Output (I/O) Connectivity.”

Sneak peak of TE’s featured live demos in their booth:

  • Sliver 2.0, an extension of the Sliver interconnect family, which has been identified as the standard and required product by several industry consortias like COBO, Gen-Z, EDSFF and Open Compute Project (OCP) for today’s and next-generation server and storage designs.
  • QSFP-DD, OSFP, copper cables and microQSFP high-speed I/O solutions showcasing thermal performance, RU faceplate density and data throughput capabilities.
  • Industry-leading STRADA Whisper high speed backplane connectors, featuring a continuously expanding range of configurations including direct plug orthogonal, mezzanine, and cables all delivering at 56 Gbps, 112 Gbps and beyond.


“Signal integrity, packaging density, power delivery, and thermal management are all key challenges as equipment designers roll out new networking systems for 400-Gigabit Ethernet and beyond,” said Nathan Tracy, standards manager, TE Connectivity. “TE is demonstrating robust solutions that meet these challenges.”

“We are proud to be at DesignCon showcasing our cutting-edge innovations like Sliver interconnects and scalable STRADA Whisper solutions, which revolutionized the way we design products for speed and performance. We look forward to working with our customers and leading entrepreneurs on co-creating the next leading integrated solutions for the data communications market,” Phil Gilchrist, vice president and CTO, TE Connectivity.

Learn more on our DesignCon 2018 events page at: http://www.te.com/usa-en/about-te/events/designcon-2018.html?tab=event

About TE Connectivity
TE Connectivity Ltd. (NYSE: TEL) is a $13 billion global technology and manufacturing leader creating a safer, sustainable, productive, and connected future. For more than 75 years, our connectivity and sensor solutions, proven in the harshest environments, have enabled advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With 78,000 employees, including more than 7,000 engineers, working alongside customers in nearly 150 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

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OVERLAND PARK, KS – QTS Realty Trust (NYSE: QTS), an international provider of data center and hybrid IT solutions, announced today the completion of its annual American Institute of Certified Public Accountants (AICPA) Service Organization Control 1 Type II (SOC 1® Type II) and Service Organization Control 2 Type II (SOC 2® Type II) audit reports. The 2017 reports were issued by a Big Four public accounting and auditing firm based on an examination of QTS’ internal controls and procedures. In addition, QTS also attained ISO 27001:2013 certification for thirteen of its data centers.

ISO 27001 is an internationally recognized certification for information security management systems (ISMS) that demonstrates QTS’ strong security controls and meets the needs of large, multinational data center customers. By adding another certification, QTS now has one of the most comprehensive frameworks in the industry and it further enhances the company’s ability to assist customers in meeting their own compliance requirements.


QTS is committed to exceeding critical compliance standards for its customers. QTS’ SOC 1 Type II and SOC 2 Type II reports assure its clients that the company meets the suitability of design and operating effectiveness of applicable controls. Achieving compliance with other critical compliance standards such as FedRAMP, FISMA and PCI, demonstrates QTS’ ability to deliver secure, available and confidential services. The QTS Compliance team oversees more than 400 controls across several compliance standards to ensure the company is providing the highest level of compliance to its customers.

“By working with the best auditing firms in the country, we ensure that we are not just meeting the compliance requirements, but surpassing them,” said Oliver Schmidt who leads QTS’ dedicated in-house compliance team as Chief Audit Executive. “Meeting the highest standards for security, availability and confidentiality are all vital to the solutions we provide to our customers and our strategic growth.”

The QTS SOC 1 Type II and SOC 2 Type II audit reports are prepared in accordance with the AICPA’s Statement on Standards for Attestation Engagements (SSAE) No.18 Reporting on Controls at a Service Organization. The reports cover the period from October 1, 2016 to September 30, 2017 for QTS systems and controls and provides users with operational assurance across QTS’ software-defined data center platform.

About QTS
QTS Realty Trust, Inc. (NYSE: QTS) is a leading data center and managed cloud provider, offering a comprehensive portfolio of IT solutions built on the industry’s first Software-Defined Data Center Platform. QTS is a trusted partner to more than 1,100 customers throughout North America, Europe and Asia Pacific. QTS owns, operates or manages more than six million square feet of data center space. QTS provides cutting-edge technology; flexible, scalable infrastructure; and an industry-leading customer experience. Visit QTS at www.qtsdatacenters.com.

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Silver Spring, MD – AGILE announced that it has completed the acquisition of Gannett’s primary data center located in Silver Spring, MD, Gannett’s private digital network connecting this data center and company headquarters in McLean VA to carrier neutral facilities, as well as Private Digital Network Services, LLC (“PDNS”), the partner firm that assisted in building and maintaining Gannett’s Private Digital Network. AGILE has begun to integrate its legacy, multi-site data center colocation business with these new private digital network capabilities. In addition, AGILE now operates Gannett’s private digital network and provides data center and network services to Gannett under a long-term master services agreement.

“We look forward to continuing our working relationship based on a long track record of strong performance from what is now the AGILE team,” commented Jack Mundie, VP Enterprise Computing and Risk Management, Gannett Technology.


This transaction represents a substantial expansion of the client base, physical assets and technical capabilities of AGILE.

“We are honored and proud to now serve as an important component of the backbone for Gannett’s online content distribution and look forward to expanding our offerings for current and future AGILE clients,” commented Jeffrey Plank, President and CEO, AGILE.

Network Capabilities
AGILE will manage Gannett’s private digital network core, which was developed with PDNS supporting business processing and content delivery, both digital and print. The agreement allows AGILE to leverage additional networking assets within Gannett, including the fiber ring located in Phoenix AZ and capitalize on a multi-gigabit backbone with points of presence in more than 100 major metropolitan areas in the U.S. Network enhancements gained through the acquisition also include a diverse path fiber network and direct fiber connections to two of the largest Internet exchanges in the world.

Physical Assets
The acquisition includes significant physical assets to complement AGILE’s two other facilities, adding a 65,000 sq. ft. building in Silver Spring, MD – a highly desirable location in one of the most important data center regions in the world. The building encompasses a 21,000 SF raised floor data center, 30,000 SF of workstation office space along with disaster recovery seating. The facility has 300 tons of N+N redundant cooling and a 550 kVA N+N UPS system. The Silver Spring site has N+N Redundant generator backup and a total site capacity of 4Megawatts. AGILE also operates facilities in Princeton, NJ and Allentown, PA.

“We have provided compute, storage and network services to Gannett as a service provider for years, and look forward to partnering with our new colleagues at AGILE to continuing meeting or exceeding our clients’ expectations,” said Bob Henley, Chief Operations Officer, AGILE and CEO, Private Digital Network Services, now a wholly owned subsidiary of AGILE.

About Gannett
Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally focused media and marketing solutions company committed to strengthening communities across our network. With an unmatched local-to-national reach, Gannett touches the lives of more than 110 million people monthly with our Pulitzer-Prize winning content, consumer experiences and benefits, and advertiser products and services. Gannett brands include USA TODAY Network with the iconic USA TODAY and more than 100 local media brands, digital marketing services companies ReachLocal and SweetIQ, and U.K. media company Newsquest. To connect with us, visit www.gannett.com.

About AGILE
AGILE is committed to bringing quality IT infrastructure, Private and Hybrid cloud, data, and network solutions to its clients. AGILE specializes in transformational services for clients that need to transition from owned infrastructure to an as-a-service model. Founded in 2015, AGILE is led by a group of seasoned experts. The privately held company has grown rapidly, both organically and through acquisitions, continually enhancing its capabilities and services for current and future clients. Learn more at www.agiledatasites.com.

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LAKE FOREST, CA – PSSC Labs, a developer of custom HPC and Big Data computing solutions, today announced its PowerWulf HPC clusters are now available with Intel’s new Xeon® Scalable Processors and Intel’s Omni-Path HPC Fabric to deliver the performance needed to tackle cutting edge computing tasks including real-time analytics, virtualized infrastructure and high-performance computing.

PowerWulf clusters are built with Intel’s Data Center Blocks to ensure a truly turnkey solution that addresses customer integration challenges. Today’s customer datacenters require unique server solutions that run complex, business-critical workloads. Intel Data Center Blocks configurations are purpose-built with all-Intel technology, optimized to address the needs of specific market segments. These fully validated blocks deliver performance, reliability and quality for solutions customer want and can trust to handle their demanding cloud, HPC, and business critical workloads.


PSSC Labs PowerWulf HPC Clusters are available as config-to-order (CTO) to meet the specific needs of a customer. Key features of these solutions include:

  • Pre-configured and fully validated blocks with the latest Intel HPC technology
  • Powered by the Intel Xeon processor Scalable family, delivers an overall performance increase up to 1.65x compared to the previous generation, and up to 5x Online Transaction Processing warehouse workloads versus the current install base.
  • 2 operating system options to choose: RedHat, SUSE, and CentOS Linux
  • Multiple models with different support options
  • Intel Fabric Suite 10.5.1, Lustre 2.10
  • Intel Omni-Path Host Fabric Interface (Intel OP HFI) Adapter 100 Series and FDR/EDR InfiniBand Fabric
  • Intel Datacenter SATA and NVMe Solid State Drives (SSD)

“Intel’s integrated and fully-validated Data Center Blocks enables PSSC Labs to deliver more efficient and turnkey approach and reduce time to market, complexity and the costs of system design, validation and integration,” said Alex Lesser, EVP of PSSC Labs. “Partnering with Intel allows us to offer our customers the latest hardware options in our line of custom turn-key PowerWulf HPC clusters for a variety of applications across government, academic and commercial environments.”

PowerWulf HPC clusters also feature PSSC Labs CBeST Cluster Management Toolkit (Complete Beowulf Software Toolkit) to deliver a preconfigured solution with all the necessary hardware, network settings and cluster management software prior to shipping. With its component structure, CBeST is the most flexible cluster management software package available.

Every PowerWulf HPC Cluster includes a three-year unlimited phone / email support package (additional year support available) with all support provided by PSSC Labs US-based team of engineers. PSSC Labs is an Intel HPC Data Center Specialist and has been a Platinum Provider with Intel since 2009. For more information see http://www.pssclabs.com/solutions/hpc-cluster/

About PSSC Labs
For technology powered visionaries with a passion for challenging the status quo, PSSC Labs is the answer for hand-crafted HPC and Big Data computing solutions that deliver relentless performance with the absolute lowest total cost of ownership. All products are designed and built at the company’s headquarters in Lake Forest, California. For more information, 949-380-7288, www.pssclabs.com

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BOSTON – Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, today announced it has entered into a definitive agreement to acquire the U.S. operations of IO Data Centers LLC, a leading colocation data center services provider based in Phoenix, Arizona, for $1.315 billion plus up to $60 million based on future performance and subject to customary adjustments. With the transaction, Iron Mountain will acquire the land and buildings associated with four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio. The existing data center space in the four owned facilities totals 728,000 square feet, providing 62 megawatts (MW) of capacity with expansion potential of an additional 77 MW in Arizona and New Jersey.

This agreement follows the acquisition of FORTRUST data center on September 1, 2017 and the announcement of Iron Mountain’s international data center expansion through the planned acquisition of two Credit Suisse data centers in the London and Singapore markets. Upon closing of the Credit Suisse and IO transactions in early 2018, Iron Mountain’s data center portfolio will total more than 90 MW of existing capacity, with an additional 26 MW of capacity currently under construction and planned and future expansion potential of another 135 MW.


“We continue to experience strong demand and growth in our data center business, with a focus on establishing a presence in the largest global markets for colocation and enterprise customers. Our strategy includes organic expansion within our existing footprint, greenfield development in the largest U.S. markets such as our newly opened campus in Northern Virginia, and targeted acquisitions of properties with customer profiles that closely mirror our own,” said Iron Mountain President and CEO William L. Meaney.

“This transformative transaction is closely aligned with our strategy and we expect it to accelerate our growth profile by bringing our data center business to approximately 7% of total revenue and approximately 10% of Adjusted EBITDA by 2020 – significantly exceeding our initial goal – while enhancing business diversity and the margin profile of the company,” Meaney added. “We believe we can add significant value to IO’s U.S. operations by leveraging our strong brand that is synonymous with security and trust, and our relationships with more than 30,000 North American data management customers.

“The addition of IO’s data centers enhances our geographic diversification and provides market-leading exposure to Phoenix, the fourth fastest market for absorption in the U.S. in 2017, and the 12th largest data center market globally. Colocation and cloud providers have made significant investments in Phoenix in the past few years, as it boasts diverse energy sources and relatively inexpensive green power, as well as an attractive business environment,” said Mark Kidd, Senior Vice President and General Manager, Iron Mountain Data Centers. “Importantly, this transaction also enhances our ability to support the needs of the largest cloud providers through new development with expansion capacity in Phoenix as well as New Jersey, another attractive market due to its proximity to the New York metro area.”

“Additionally, IO brings a diversified roster of more than 550 customers that includes blue chip financial services, aerospace, federal government and technology companies among its Top 10, with no single customer representing more than 10% of total revenue. Its strong enterprise and cloud customer base is complementary to that of our existing data center business, and more than 40% of IO’s customers are also customers in our core records and data management businesses,” Kidd said.

“I am incredibly proud of the team at IO and the extraordinary company they have built since our founding in 2007,” said George D. Slessman, founder and CEO of IO. “We are pleased to enter into an agreement with Iron Mountain and excited by the potential this transaction represents. Iron Mountain’s deep customer relationships, global scale and excellent access to capital markets, combined with IO’s strong presence in the high-growth data center industry will provide attractive opportunities for our employees and a broader, more geographically diverse platform of facilities and services for our customers. We know Iron Mountain shares our commitment to the highest levels of customer service, security and operational quality, and we are confident our customers will be in good hands.”

The transaction is anticipated to close in January 2018, subject to satisfaction of customary closing conditions. The total consideration of $1.315 billion, which does not include up to $60 million of potential additional payments, represents a multiple of 15x synergized 2018 EBITDA, post integration. While data center acquisitions of this magnitude were not part of the company’s previously disclosed 2020 plan, the company expects the transaction to accelerate its revenue and Adjusted EBITDA growth. Following this transaction and anticipated financing, the company remains on track to reduce its lease adjusted leverage ratio to approximately 5x, and lower its dividend payout as a percentage of Adjusted Funds From Operations to 70-75%, assuming annual dividend per share growth of approximately 4%, all of which are consistent with its 2020 plan.

The acquisition is expected to be modestly accretive to AFFO in 2019. The company will provide specifics of the impact of the transaction on 2018 full-year expectations when it provides guidance for next year on its fourth quarter/year-end reporting conference call in February 2018.

About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is the global leader for storage and information management services. Trusted by more than 230,000 organizations around the world, Iron Mountain boasts a real estate network of more than 85 million square feet across more than 1,400 facilities in 53 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management, data management, cloud services, document management, data centers, art storage and logistics, and secure shredding to help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for more information.

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