companies

ZNetLive, India’s leading web hosting and cloud services provider, today announced the launch of High Availability (HA) cloud servers to provide businesses with high uptime and reliability. The servers are packed with enterprise grade hardware and scalable cloud technology for improved performance and flexibility to meet all business needs. “Our new offering has been designed to meet the high-performance operational needs of enterprises at affordable prices. State-of-the-art infrastructure backed with cloud technology will help companies build and run applications faster with dedicated resources and meet their digital transformation goals. Plus, our support team will always be there to provide resolution for any issues related to the service.” said Munesh Jadoun, Founder & CEO, ZNetLive. The cloud servers that can be fast provisioned, are equipped with hybrid storage (SSD/SAS) and come with a powerful Plesk control panel. ZNetLive HA cloud servers are hosted in the top of line…
Read more

Filed under Web Hosting News by on #

Plesk, the leading WebOps platform provider, recently announced that it has acquired the VPS (virtual private server) and IaaS (infrastructure-as-a-service) management system called SolusVM from OnApp. SolusVM (Solus Virtual Manager) platform allows enterprises to manage OpenVZ, Xen and KVM virtual machines from a single point. It comes with a web-based and customizable user interface using which customers can easily manage the virtual servers. The VPS management system of SolusVM is designed for cloud service providers (CSPs) and resellers, which supports several billing systems and virtualization technologies. With the acquisition, Plesk aims to provide CSPs and web professionals a single solution for web operations. “We’re very happy to have Solus Virtual Manager and their complete VPS management solution on board. SolusVM lets companies of any size manage virtual machines – from one central user interface, with security and ease. Firstly, makes it a breeze for service providers,…
Read more

Filed under Web Hosting News by on #

Enhancing the infrastructure options on its public cloud platform, Google has announced sole-tenant nodes for Google Compute Engine. The new instances will provide dedicated hardware for sensitive workloads. In cloud computing, generally the virtual machine (VM) instances are shared by many customers, forming a multi-tenant environment. Google has designed the sole-tenant nodes to allow enterprises use hardware for their exclusive use. Each node will be associated with one physical server, and will be the only node running on that server. The sole-tenant nodes will help companies meet the regulatory and compliance needs for sensitive workloads. The new instances will also be useful for customers who require more control over their cloud environments, and want to achieve the highest level of utilization. Additionally, customers can specify the way instances are arranged on nodes, and separate the instances with sensitive workloads from the ones with non-sensitive workloads. The…
Read more

Filed under Web Hosting News by on #

LONGMONT, CO – Burlywood, an innovator of flash-based storage for cloud data centers, today introduced TrueFlash™, a storage software solution that is optimized to customer applications, uses flash more efficiently, and delivers improved performance in a more cost-effective manner than current SSDs.

Led by an expert team with decades of storage controller experience, Burlywood has built an architecture that allows for rapid innovation and flexible integration of customer requirements. With the introduction of TrueFlash, Burlywood is providing the industry’s first modular flash storage architecture that accelerates time to market of new flash technology while delivering disruptive cost and performance benefits to customers deploying cloud storage solutions, all-flash arrays, and hyper-converged solutions.


“With a predicted growth rate in data of 500 percent over the next 10 years, many IT managers struggle to balance the need for faster, denser and lower-powered flash against the expense and limited availability that the current supply chain yields,” said George Crump, President and Founder of Storage Switzerland. “By changing how storage works and how it is delivered, Burlywood is attempting to lower flash costs and improve time to market in order to provide cloud companies with the advantages of SSDs at 20 to 40 percent less cost over current solutions.”

By deploying a disruptive business model that reduces cost and improves supply, Burlywood is making it easy for hyperscale enterprises, content delivery networks, and cloud providers to transition to an all-flash architecture. TrueFlash allows for the use of the latest flash technology with better performance earlier in the lifecycle of flash nodes. Integrated multi-stream Quality of Service (QoS) provides advanced traffic management and consistent performance, tuning it to match the exact needs of customers’ environments and workloads.

TrueFlash is the industry’s first modular flash controller architecture designed specifically for hyperscale data centers and AFA/HCI systems. By supporting all storage formats, any protocol and current or future NAND memory, Burlywood provides organizations with full SSD solutions based on the TrueFlash software and FPGA optimized to customers’ specifications.

“It comes as no surprise that companies everywhere are looking for a solution that will allow them to deploy an optimized storage environment for their applications at the lowest possible total cost of ownership, and shortest time to market” said Tod Earhart, CEO of Burlywood. “While an all-flash data center is ideally suited to deliver the benefits of performance and density, cost has long been a limiting factor. By using the latest flash available for a specific application, combined with an advanced programmable controller and Burlywood TrueFlash software, we are able to deliver an enterprise-class flash solution at a cost of up to 40 percent less while increasing performance and expanding capacity.”

TrueFlash is available via an array of flexible business models with dedicated in-house support, technical and strategic support in all phases of its lifecycle, and collaborative roadmap planning from Burlywood. Additional information about TrueFlash is available at https://www.burlywoodtech.com

About Burlywood
Powered by a highly productive, expert development team comprised of executives from companies such as HP, Western Digital, Hitachi, Micron and Intel, storage software startup Burlywood is accelerating the transition to the all-flash data center. The company’s patented TrueFlash technology changes how storage works and is delivered by lowering flash costs, increasing storage density and increasing flash performance while shortening the time to market. The new flash storage paradigm is ideally suited for customers in the hyperscale, content delivery and cloud markets that want to move to all-flash environments but have found that current SSD offerings are a constraint. Find out more about how Burlywood is allowing flash to be used as it was intended at https://www.burlywoodtech.com

Read more

Filed under Web Hosting News by on #

Dallas, TX – DataBank Ltd., a Digital Bridge portfolio company and leading provider of business solutions for colocation, cloud, connectivity, and managed services, announces today the expansion of its Pittsburgh facility (PIT1). This key strategic location offers direct access to more than 25 fiber carriers, making it the most connected data center location in the Pittsburgh metropolitan area.

Located inside Nova Place, a technology center in the heart of Pittsburgh’s North Side, DataBank’s PIT1 is a powerful hub for interconnection and the placement of mission critical infrastructure supporting cutting-edge technologies. Pittsburgh is at the center of autonomous vehicle development, engineering and testing and is home to premier research facilities at Carnegie Mellon University and Pittsburgh Supercomputing Center. DataBank’s expansion is a direct result of the rapid development the city has experienced with these and other emerging technologies.

“We are seeing continued demand from customers seeking edge access to the rich interconnection ecosystem we offer at our Pittsburgh data center,” states Kevin Ooley, President and CFO for DataBank. “We believe expanding in our existing building envelope will allow us to provide high quality, enterprise grade colocation space in close proximity to our diverse carrier ecosystem.”

“We are excited to see continued investment in this type of critical infrastructure in the Pittsburgh area as it further demonstrates the growing role of technology in our region,” comments J. Ray Scott, Senior Manager, Storage and Virtualization, Computing Services, Carnegie Mellon University.

DataBank’s Pittsburgh data center expansion will add 10,000 square feet of raised floor and 1.5MW of redundant power and be located directly adjacent to the existing 10,000-square-foot data center site. The PIT1 expansion will be ready for service in Q4 2018.

For more information, please visit www.databank.com.

About DataBank
DataBank is a leading provider of enterprise-class data center, cloud and interconnection services, offering customers 100% uptime availability of data, applications and infrastructure. DataBank’s managed data center services are anchored in world-class facilities. Our customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives. DataBank is headquartered in the historic former Federal Reserve Bank Building, in downtown Dallas, TX. For additional information on DataBank locations and services, please visit www.databank.com or call 1 (800) 840-7533.

About Digital Bridge Holdings
Founded in 2013 by Marc C. Ganzi and Ben Jenkins, Digital Bridge is focused on the ownership, investment and active management of companies in the mobile and internet infrastructure sector. Since inception, Digital Bridge has raised over $6.5 billion of debt and equity capital used to acquire and invest in the development of communications infrastructure businesses, including DataBank, Vantage Data Centers, ExteNet, Vertical Bridge, Andean Tower Partners, and Mexico Tower Partners.

Read more

Filed under Web Hosting News by on #

BOSTON – Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, has acquired EvoSwitch Netherlands B.V and EvoSwitch Global Services B.V. (“EvoSwitch NL”) for €205 ($235) million. The transaction provides 11 megawatts (MW) of existing data center capacity in the Netherlands, which is 100% leased, with expansion capability of an additional 23 MW, for total potential capacity of 34 MW.

Founded in 2007, EvoSwitch NL is a leading global brand and provider of multi-tenant data center space, operating one of the largest colocation facilities centers in the Metropolitan Region Amsterdam (MRA). Its existing campus supports more than 50 connectivity and telecommunication providers, including world-leading internet exchanges, such as the Amsterdam Internet Exchange AMS-IX. The MRA is a critical node in the FLAP data center market (Frankfurt, London, Amsterdam, Paris), which totaled approximately 1160 MW at the end of 2017. The MRA experienced net absorption of more than 21 MW of space in the fourth quarter of 2017, making it the second largest data center market in Europe and a Top 5 global market. This transaction enhances Iron Mountain’s presence in the important FLAP market, following Iron Mountain’s move into London early this year through the purchase of a data center facility from Credit Suisse.

The MRA region also boasts the lowest average energy prices and the most reliable energy grid among FLAP markets. EvoSwitch NL has focused on sustainable operations since its founding and had the first 100% carbon neutral data center facility in the Netherlands using wind, hydro and biomass power, consistent with Iron Mountain’s commitment to offsetting 100% of its data center carbon footprint.

EvoSwitch NL has a diversified base of global customers including multinational enterprises, cloud service providers and public sector institutions. Leaseweb Netherlands B.V., (“Leaseweb NL”), a related party of the seller and a large cloud hosting company with operations in 35 countries, represents approximately 45% of EvoSwitch NL’s contracted revenue under a 10-year lease agreement, making it one of Iron Mountain Data Centers’ Top 5 customers. No other customer represents more than 15 percent of total revenue.

The EvoSwitch NL data center acquisition includes two locations in the MRA. The first is a state-of-the-art facility totaling 150,000 square feet of space with 87,000 square feet of existing data halls, representing approximately 11 MW of existing power capacity. Expansion of a further 2 MW is underway at this location, with 600 kilowatts preleased to Leaseweb NL. This location is expandable to a total of 430,000 square feet of space that can support additional data halls totaling 14 MW, bringing the first location to 27 MW of total potential capacity.

The second location is a site that can support a 57,000 square-foot facility including 41,000 square feet of data hall development. Expansion capacity at this site can support a further 7 MW, bringing total potential capacity for the two locations to 34 MW.

“We are pleased to welcome the EvoSwitch team and its customers to Iron Mountain. The seasoned management team has operated in the data center business for more than 11 years and delivered consistent growth,” said Mark Kidd, senior vice president and general manager, Iron Mountain Data Centers. “EvoSwitch NL’s focus on security, energy efficiency and its solid track record of continuous uptime is a great fit with our existing data center organization. When combined with current and potential capacity in Iron Mountain’s existing data center portfolio, our total portfolio now represents more than 285 MW across many of the most attractive and highest net absorption markets in the U.S. and globally.

“Having established our significant international data center platform through both recent transactions and organic growth, we look forward to continued integration of the business, and our near-term growth will be primarily from the development of new space in the attractive global markets where we have a presence,” Kidd added.

Eric Boonstra, chief executive officer, EvoSwitch said, “We look forward to combining our EvoSwitch NL business with that of Iron Mountain Data Centers, which shares our commitment to customer service and operational excellence. This transaction represents an opportunity for us to extend relationships with our existing customers by providing data center expansion capacity in important continental European markets, and the potential to provide capacity in the important Amsterdam region to Iron Mountain’s legacy data center customer base.”

Leaseweb founder and CEO Con Zwinkels added, “We share Eric’s enthusiasm for this acquisition of EvoSwitch NL. As a global cloud hosting company serving more than 17,500 customers worldwide, it is important for us to accommodate their growing needs. Through this transaction, Leaseweb has improved access to a broad portfolio that includes Iron Mountain’s data centers around the globe. We are pleased to be partnering with a company that has such a strong reputation for security and reliability.”

Transaction Economics

The consideration of €205 ($235) million, represents a multiple of approximately 14x 2018 EBITDA, excluding integration expense. The purchase agreement also includes a future revenue credit to Leaseweb, in the amount of $25 million, which may be utilized for future expansion and new leasing in any of Iron Mountain Data Centers’ other global locations prior to June 2028, subject to other terms.

Iron Mountain projects a stabilized net operating income yield of 12% – 13% following build-out and lease-up of the expansion capacity at the EvoSwitch NL locations. The existing EvoSwitch NL capacity is expected to generate annualized revenue of approximately $30 million at mid-50% Adjusted EBITDA margins. Including integration costs, Iron Mountain expects the transaction to result in modest AFFO dilution of approximately 0.5% in 2018, and for the acquisition to be accretive in 2019 following integration.

While the EvoSwitch NL acquisition was not part of Iron Mountain’s previously disclosed 2020 plan, the transaction supports the company’s goal to accelerate Revenue and Adjusted EBITDA growth through a shift in mix to faster-growing, higher-margin businesses. The transaction is debt financed. The company remains on track to reduce its lease-adjusted leverage ratio to the mid-5x range by year-end 2018, and is committed to its 2020 plan to reduce its 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%.

About EvoSwitch NL
EvoSwitch NL was founded in 2007 as part of the Ocom Group (www.ocom.com), Europe’s largest privately owned internet services company, and the first carbon and carrier-neutral data center in the Netherlands. Since then it has grown continuously, reflecting the growth of the Internet in general and its customers in particular. Following through on its carrier-neutral proposition, it has also built up a diverse ecosystem of telecommunications carriers and network service providers that help customers connect cost-effectively and with confidence. Following the sale of EvoSwitch NL, the selling entity, EvoSwitch International B.V. will remain part of the Ocom Group and will continue as a brand and data center operator, with operating companies EvoSwitch Germany GMBH and EvoSwitch USA, Inc.

About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 85 million square feet across more than 1,400 facilities in over 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include information management, digital transformation, secure storage, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. Visit www.ironmountain.com for more information.

Read more

Filed under Web Hosting News by on #