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ORLANDO, FL – Atlantic.Net, a leading cloud hosting solutions provider, today announced the release of Secure Block Storage (SBS), enabling users to attach additional storage drives to their Cloud Servers to scale their workloads more easily. Designed for 99.999% availability, volumes are automatically replicated multiple times to protect data from component failure. With SBS, storage can be increased on-the-fly, moved between Cloud Servers, and is automatically encrypted at rest. As part of the announcement, Atlantic.Net is offering 50 GB of SBS free for an entire year from the date of signup and just 7.9 cents per additional GB per month. Existing customers can also take advantage of 50 GB of SBS for free through June 19, 2019.

“Here at Atlantic.Net, we remain steadfast in our commitment to providing our customers with cutting-edge tools at cost-effective prices. Combining the capacity of enterprise hard drives with NVMe SSD drives, SBS offers the perfect balance of capacity and performance for any customer’s storage needs,” said Marty Puranik, CEO and President of Atlantic.Net. “Rolling out our SBS system at up to 11x the performance of the competition solidifies us as the price and performance leader for the most popular storage tier.”

Atlantic.Net’s SBS is easy to use, highly redundant, easily accessible, and scalable. The system is ideal for running mission-critical applications that require robust and scalable block storage, as well as for running queries on databases that require low latency and high performance.

For more information on Atlantic.Net’s launch of SBS, please visit www.atlantic.net/cloud-hosting/block-storage

About Atlantic.Net
Atlantic.Net is a global web hosting provider with over 24 years of experience, specializing in managed and non-managed Windows, Linux, and FreeBSD server hosting solutions. With a focus on security, compliance and simplifying the experience for users, Atlantic.Net provides business-class dedicated and cloud hosting solutions. Solutions are offered across its hosting facilities in San Francisco, New York, London, Toronto, Dallas and Orlando. With 24/7 expert support and a range of audited certifications such as SSAE 18 SOC 1 and SOC 2 (Formerly SAS 70), HIPAA and HITECH, the company is also known for its reliability, as dictated by its 100 percent uptime service-level agreement (SLA). For more information, please visit www.atlantic.net.

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Amsterdam, The Netherlands – Switch Datacenters, a European provider of build-to-suit corporate data centers and enterprise-grade colocation facilities, today announces its plans to commence development of a new data center at its data center campus in Amsterdam. Adjacent to Switch Datacenters’ existing data halls, this 18,300 square feet new data center will be built to offer wholesale colocation space to a large enterprise, managed colocation provider, or cloud provider searching for Amsterdam-based dedicated data center presence.

Located at one of the world’s most fiber-dense areas, in the Amsterdam Southeast business district, the 18,300 sq. ft. new wholesale colocation data center offered by Switch Datacenters will feature a highly redundant enterprise-grade design with a 2N power configuration. It has modular thus highly scalable power feeds, and is upgradable from a capacity of 2MVA up to 10MVA and more. The use of energy-efficient cooling technologies would result in an ultralow pPUE figure of 1.04, which is extremely energy-efficient.

On top of the whitespace available, the wholesale colocation data center being offered in Amsterdam also includes 8,600 sq. ft. of dedicated Class A office space. Right now, a high customization degree can still be provided for this office space – to meet highly specific customer demand.

“The new-to-build wholesale data center offering in Amsterdam constitutes of turnkey space that will be move-in ready and fully aligned with the most demanding server power density requirements in the industry,” said Gregor Snip, CEO and founder of Switch Datacenters, an official member of the OCP community. “A large enterprise, a managed colocation provider, or a large cloud provider will find here enterprise-grade data center infrastructure meeting high-availability requirements set by mission-critical business applications. This highly redundant, highly secured and highly connected data center space will allow us once again to meet enterprise-grade standards such as ISO 27001 and PCI DSS, just as the other wholesale and retail data centers delivered by Switch Datacenters.”

Patented Technology

As is the case with Switch Datacenters’ recently commissioned retail colocation data hall at Switch AMS1 aimed at ISPs and cloud providers alike, the new data center build in Amsterdam announced today will be suitable for Open Rack Systems based on Open Compute Project (OCP) principles – while still being able to house traditional hardware equipment.

“The OCP initiative originates with Facebook, while other tech giants such as Rackspace, Intel and Microsoft as well as many others have joined the OCP-movement in the hardware space,” added Mr. Snip. “Our patented, in-house developed cooling technologies and additional features provide for an OCP-ready infrastructure, although this wholesale data center space is also fully compatible with more traditional IT infrastructures. The OCP technology specs uniquely allow for enhanced energy-efficiency, operational cost-savings while bringing the agility required by demanding applications – for traditional IT as well as OCP-ready hardware environments.”

As a highly innovative wholesale data center company, Switch Datacenters’ engineering team has developed a patented, in-house developed indirect adiabatic cooling technology (Patent number: WO 2017:213497) meant for data center development projects. According to this patent, ‘the invention relates to a data center for IT and/or telecoms equipment, especially servers, comprising a building with an intermediate floor arranged for carrying IT and/or telecoms equipment, especially servers, as well as cooling means for cooling the IT and/or telecoms equipment, especially servers, in order to counteract overheating of the IT and/or telecoms equipment, especially servers.’

Wholesale vs. Retail Colocation

As with Switch Datacenters’ Switch AMS2 campus, the Switch AMS1 colocation data center campus – strategically located on one of the world’s largest internet junctions, in Amsterdam – will transform in a mixed-use premises for both wholesale and retail colocation buyers. While the Switch AMS2 data center is home to global cloud services provider IBM, Switch Datacenters expects its AMS1 data center to be attractive to similar, demanding companies including hyperscale cloud providers, large enterprises, and managed colocation providers.

“Due to shifting customer demand, we’re increasingly focusing Switch Datacenters’ business operations on delivering wholesale data center space such as announced today,” added Mr. Snip. “Our enterprise-grade, highly energy-efficient data center infrastructure built with in-house developed, patented technologies caters to the needs of these hyperscale cloud providers including IBM. Retail colocation will remain part of our portfolio but wholesale colocation is growingly important for us. Our honed wholesale approach matches the overall colocation market and current changing trends (confirmed by a 2017 Structure Research study), where future growth in retail colocation is expected to be slowing, while growth in the wholesale data center market should be accelerating.”

About Switch Datacenters
Founded in 2011 by Dutch Internet and hosting industry veterans, Switch Datacenters is a European carrier-neutral operator of highly secured colocation data centers and build-to-suit corporate data centers delivering its enterprise-grade services to businesses of all sizes including some well-known large global cloud players. The company is focused on delivering redundant (2N), high-available (100% uptime guarantee) data center infrastructure with Tier 4 specifications to ISPs, systems integrators (SIs), cloud service providers (CSPs), and enterprise customers. Located in a fiber-dense area with 460 available fiber optic connections and 40 carrier networks on-site to choose from, Switch Datacenters’ facilities in the Amsterdam region provide a total floor area of 24,220 m2 (260,701 sq. ft.) and 8,350 m2 (89,878 sq. ft.) of secured white space for cloud service providers and boost an average data center PUE of 1.1 measured over all sites, making Switch Datacenters one of the leading providers of sustainable data center space in Europe. For more information about Switch Datacenters, visit: www.switchdatacenters.com.

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FileZilla, the open source file transfer protocol (FTP) solution, announced OpenStack Swift support for its FileZilla Pro, as it celebrates the first anniversary. What is FileZilla Pro? The FileZilla Pro is cross-platform file access and transfer software application that already supports WebDAV, Amazon S3, Microsoft Azure Blob and File Storage, and Google Cloud Storage. The application is used by thousands of sysadmins, web developers, designers and other IT professionals to easily move files between remote servers and computing environments. It also allows users to upload a website to the server of hosting provider using FTP and other protocols. It is available for Windows and macOS. FileZilla Pro for OpenStack Swift Swift, the OpenStack Object Store project, provides cloud storage software, allowing users to store and retrieve data with a simple API. The Swift is considered an ideal solution to store unstructured data that grows without any limitations. Initially, the FileZilla Pro…
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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…
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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.

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Global bare metal cloud market will reach $12.28 billion by 2025, from just $1.43 billion in 2016, according to a report by Research and Markets. The bare-metal cloud is a type of public cloud service in which the consumer rents hardware resources from a remote service provider. Enterprises across several industries use bare-metal cloud to reduce costs and to have flexibility in IT environment. The bare-metal market growth is driven by adoption of technology in several prominent industries including BFSI, IT & telecommunication, government and others. Further, the demand of opening own data center space by enterprises will also significantly drive the market growth. According to the report, the telecom and OTT service providers were already investing in bare metal cloud to establish their own data center space and increase market share. Small and medium sized enterprises rely on third-parties for cloud hosting systems, but the large enterprises would opt for their own space in…
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