legal

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.

Read more

Filed under Web Hosting News by on #

DUBLIN – Host in Ireland, a strategic global initiative created to increase awareness of the benefits of hosting digital assets in Ireland, and winner of the Datacloud Europe 2016 award for Innovative Data Center Location, today announces the release of a new report, “Ireland’s Data Hosting Industry 2017.” The research study, created in collaboration with Bitpower and partly-funded by the Sustainable Energy Authority of Ireland (SEAI), examines the opportunities and challenges associated with the digital asset hosting industry in Ireland.

The report also attempts to establish a baseline of the size, by category and sustainability, of Ireland’s data centre industry, addressing the scale of energy in use, requested and predicted over the period from 2017 to 2024. In 2016, the total energy use for all operational data centres in Ireland was estimated to be 1.40 TWh. Ireland’s total electricity use in 2016 was 27.6 TWh. By way of illustration, the world’s data centres used 416.2 TWh in 2016, of which Ireland’s data centre energy use represented 0.34 percent of the industry total. By analysing the different types of data centres, and documenting the energy efficiency and best practices in data centre design and operations, the report will act as a useful reference for policymakers when looking to provide context to the growing global requirement for data centres, as a “Connected Planet” becomes a reality.


“Data has a much higher economic value than the energy that powers it, and all stakeholders should recognise this when trying to evaluate the sustainability of the data centre industry in Ireland,” comments David McAuley, Founder and CEO, Bitpower, and Host in Ireland Advisory Council member. “As ‘Ireland’s Data Hosting Industry 2017’ report indicates, collaboration between data centre operators, state utilities and agencies, and renewable energy developers will be key to maintaining Ireland’s position as a Tier 1 global location for hosting and participating in the next wave of growth.”

To download a copy of “Ireland’s Data Hosting Industry 2017” report, click here: http://hostinireland.com/resources/irelands-data-hosting-industry-2017-report

About Host in Ireland
Host in Ireland, winner of the Datacloud Europe 2016 award for Innovative Data Center Location, is an industry-led marketing initiative that provides timely and accurate information about Ireland’s digital asset hosting ecosystem at all times including demonstrating why Ireland is more cost-effective, efficient, reliable, secure and accessible than most other regions across the EU. There’s a reason companies like Microsoft, Zendesk, Facebook, Twitter, Amazon, Adobe and beyond have sought to host their solutions in as well as to/from Ireland. Many of these reasons are immediately realized due to access to affordable power, redundant network and bandwidth capacity along with a variety of data center providers that offer an array of services sustained by the “5 Ps”: Policy, People, Pedigree, Pipes, and Power. On top of that is a very attractive business management structure, implemented by Ireland, which is keenly interested to bring new businesses into the market. Ireland supports this initiative through its pro-business approach, attractive corporate tax and fiscal structures, common law based legal system, continued investment in off-Island fiber cables to the U.S. and Europe, financial support for data centre energy efficiency, and access to a skilled native English-speaking workforce – ensuring data asset compliance for companies large and small. For more information about Host in Ireland, visit www.hostinireland.com.

Read more

Filed under Web Hosting News by on #

LOS ANGELES – Whether your data traverses the globe or between clouds, there is a business and legal barrier. From a business perspective, different cloud providers have competing goals, so the collaboration of clouds is incompatible.

Governments also regulate the flow information for safety and security reasons. As a result, many governments pay meticulous attention to how information is stored and disseminated. This raises the barriers to entry for companies wanting to expand to sensitive locations.


To overcome the barriers to entry, Zenlayer launched a way to connect cloud servers and data centers around the world, which can be deployed in minutes. The new service is called Zenlink and is now available to all cloud service providers.

Zenlayer allows companies to connect clouds with different geographic locations as well as different cloud providers. Zenlayer uses a dedicated connection to reduce latency and increase security between data centers. This preserves transfer reliability and enables pay-per-use.

Before Zenlink was introduced, companies would take weeks to provision their cloud infrastructure, which would incur heavy service fees to maintain. Now companies can connect their clouds instantly and seamlessly with Zenlink.

About Zenlayer
Zenlayer enables companies to quickly deploy and manage their global infrastructure so that they can globalize their business within minutes. Zenlayer provides hosting and software defined networking services, including bare metal servers, SD-WAN, and edge computing. Zenlayer was founded in 2014 and have expanded to 77 data centers across six continents. Zenlayer is headquartered in Los Angeles and Shanghai with offices in Singapore, Beijing, Shenzhen and Hong Kong. At Zenlayer, we believe in powering a better connected world.

Read more

Filed under Web Hosting News by on #

NORWALK, Conn. – 365 Data Centers, a leading provider of data center solutions for carrier, content, and cloud customers in eight strategic markets, announced today that it has acquired Broadband One LLC, d/b/a Host.net, a data center services provider in two southeast Florida markets.

The acquired facilities are in Boca Raton and Fort Lauderdale with approximately 62,000 square feet of floor space, 8,000 square feet of business continuity space, 4.5 MW of power, and 330 miles of fiber providing direct connectivity to the NAP of the Americas in Miami with under one millisecond of latency. In addition, the acquired business maintains more than 30 network PoPs on an owned nationwide transit network with 330 peering partners. When added to 365’s connectivity rich data center in Tampa, the Company now provides customers with the best edge data center options across the Sunshine State.


365’s footprint now covers ten markets with data centers in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York, and Tampa with a combined 195,000 square feet and 13 MW of power in place to serve customers. 365’s data centers are SSAE 16, SOC 2, PCI, HIPPA, ISAE 3402, and VISA compliant.

Bob DeSantis, Chief Executive Officer of 365 Data Centers, stated, “This follow-on acquisition, within just 6 months of purchasing the 365 Data Centers platform, provides significant financial scale for 365 and accelerates our strategy of broadening the Company’s customer and services base with more than 500 enterprise customers and a portfolio of scalable, retail and wholesale Network, IP blend, remote Disaster Recovery as a Service, virtual Cloud compute and storage, and Business Continuity product offerings.”

The objective of 365’s equity sponsors, Chirisa Holdings Inc., Lumerity Capital, and Longboat Advisors, at the time of the initial acquisition was to transform the predominantly colocation and connectivity rich platform business into a hybrid data center services provider that would appeal to enterprise customers in addition to its existing carrier, content, and cloud customer base.

DeSantis added, “With this transaction, we have re-positioned 365 Data Centers to provide customers in all ten of our markets with enhanced services including nationwide Metro Ethernet, long haul, and MPLS network/transport services, robust blended IP choices, direct, low latency connectivity to the NAP of the Americas, and cloud/colocation hybrid solutions through smart cloud architecture and a self-provisioning customer portal.” He further noted, “The high touch and customer focused Host.net network engineers, systems engineers, sales engineers, NOC, provisioning, sales, and operating personnel joining 365 will drive the Network, IP, DRaaS, and Cloud service offerings across all of 365’s markets and easily assimilate into the highly competent and professional 365 team.”

Jason Katz, Host.net’s CEO, will join 365 Data Centers as Vice President & Chief Administrative Officer reporting to DeSantis. In this role, he will continue as the Company’s point of contact for customers, vendors, and other relationship partners in the Boca Raton and Fort Lauderdale markets. He will also partner in the rollout of Network, IP, DRaaS, and Cloud service offerings and oversee the integration of all administrative functions.

Host.net was sold to 365 by Novacap, one of Canada’s leading private equity firms. Ted Mocarski, Senior Partner at Novacap, said, “It has been a real pleasure partnering with Jason and his team and we are happy to see the exciting possibilities that Host.net will have as part of 365 Data Centers. The eight additional markets provide geographic diversity that is of great strategic and operational value to existing Host.net customers.”

The Bank Street Group served as 365’s financing advisor and Greenberg Traurig as its legal counsel for this transaction. Crestline Specialty Lending provided the credit facility.

About 365 Data Centers
365 Data Centers is a leading provider of hybrid data center solutions in strategic edge markets. Our robust, carrier neutral ecosystem and secure, reliable edge Colocation, Network, IP, DRaaS, Cloud compute and storage, and Business Continuity services help organizations reduce costs, drive innovation and improve their customer experience. 365 Data Centers supports mission-critical application infrastructure by providing 100% uptime and adhering to industry standards such as HIPAA, PCI DSS, VISA, SSAE 16, SOC 2, and ISAE 3402. 365 Data Centers is based in Norwalk, Connecticut, and operates ten geographically diverse US data centers. Visit 365datacenters.com for more information.

About Novacap
Founded in 1981, Novacap is a leading Canadian private equity firm with $2.26 billion of assets under management. The Firm has raised over $2.6 billion in capital since its inception. Novacap’s unique investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous investee companies. With an experienced management team and substantial financial resources, Novacap is well positioned to continue building world-class companies. For more information, please visit www.novacap.ca.

Read more

Filed under Web Hosting News by on #

HOUSTON, TX – In a commitment to best protect the confidentiality and trust of customers and site owners around the globe, on Wednesday September 27, cPanel, Inc. released its first comprehensive law enforcement transparency report. This initial report covers all subpoenas, requests, and search warrants issued to cPanel by any government worldwide between the 18-month period of January 1, 2016, through June 1, 2017.

During this time period cPanel, Inc. received no subpoenas, search warrants or requests form any government agency and no information on customer or customer data was released. This report further goes into detail about government demands for customer data, content that has been permanently disabled under the Digital Millennium Copyright Act (DMCA), and customer accounts that have been disabled by due to Terms of Service violations.


Further demonstrating its commitment to transparency, cPanel also released a guide to the customer information it maintains, and the specific means by which government agencies may request access to it. This “Law Enforcement Guide” defines cPanel’s legal obligations when it is required to produce customer information, and allows customers to better understand the circumstances under which that information will be disclosed.

“cPanel is committed to our customers around the globe,” explains David Snead, cPanel’s General Counsel. “We are demonstrating that by being the first hosting automation company to disclose under what circumstances we are required to provide customer data to governments. Our transparency report demonstrates that, over the past 18 months, no information has been released to any government, anywhere. We’re the only company in our sector who can make this statement.”

https://cpanel.com/transparency-report.html

About cPanel, Inc.
Since 1997, cPanel, Inc. has been delivering the web hosting industry’s most reliable, intuitive hosting automation software. The robust automation software helps businesses thrive and allows them to focus on more important things. Customers and partners receive first-class support and a rich feature set, making cPanel & WHM the hosting platform of choice. For more information, visit http://cpanel.com.

Read more

Filed under Web Hosting News by on #

DALLAS, TX & BALTIMORE, MD – DataBank, Ltd., a Digital Bridge portfolio company and leading provider of business solutions for data center, cloud, interconnectivity, and managed services, has announced today the acquisition of Edge Hosting. The acquisition provides both market expansion and additional expertise in the delivery of cloud solutions and managed services, especially for clientele requiring comprehensive operational controls for a number of commercial and government compliance standards.

Founded in 1998, Baltimore based Edge Hosting designs, operates, and simplifies secure and compliant IaaS and PaaS Managed Cloud Hosting and delivers comprehensive operational coverage of controls for FedRAMP, HIPAA/HITECH, PCI, SSAE 16/18 SOC 2 Type II and EU Privacy Shield Frameworks. In addition, Edge hosting delivers clients a sophisticated portal that includes real time analytics on performance, advanced security controls, and compliance. These strategic capabilities will augment DataBank service offerings across the company’s national footprint.


“Edge has built a great reputation for superior technical capabilities and proactive managed services throughout the industry,” said Raul K. Martynek, CEO of DataBank. “Having known the business for many years, it was obvious that there were some incredible synergies between the two companies. We plan to leverage the Edge team’s technical and process expertise to enhance our current managed service offerings, nationwide.”

“DataBank is force-multiplier for us,” said Vlad Friedman, CEO of Edge Hosting. “The diverse client-base of large enterprise accounts, a large national footprint of top-tier data center facilities, and the complementary skillset of their engineering and support staff, opens new doors for the Edge team and our customers. I am very excited about the direction and scale we’ll be able to achieve together.” Vlad Friedman will transition to become the Chief Technology Officer of DataBank and lead product development and the technical roadmap for the combined company.

DataBank operates data centers in Dallas, Minneapolis, Kansas City, Cleveland, Pittsburgh, Salt Lake City, and Atlanta. To find out additional details on DataBank data centers and services, please visit the company website at http://www.databank.com.

DH Capital served as exclusive financial advisor for Edge Hosting and DLA Piper LLP acted as legal advisor to Edge Hosting in connection with the transaction. Jones Day acted as lead M&A counsel, Kleinbard LLC acted as investment structure counsel, and Ernst and Young LLP served as accounting advisor to DataBank.

About Edge Hosting
Edge designs, operates, and simplifies secure and compliant IaaS and PaaS Managed Cloud Hosting that delivers comprehensive operational coverage of controls for FedRAMP, HIPAA, PCI, SSAE 16 SOC 2 Type 2 and EU Privacy Shield Framework. Edge’s services include Compliance Architecture & Audit Support, Cloud Migration & Design, AWS Managed Services, and Secure Federal/Healthcare Hybrid Clouds. Our mission is to be the easiest partner to host business critical, secure, and compliant web sites and applications. With a relentless focus on our customers, Edge improves business outcomes by leveraging more than twenty years of experience in highly regulated industries including government, financial services, and healthcare. For more information about Edge Hosting, please visit http://www.edgehosting.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 http://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 #