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SAN FRANCISCO and WASHINGTON – Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, and DuPont Fabros (NYSE: DFT), a leading owner, developer, operator and manager of enterprise-class, carrier-neutral, multi-tenant data centers, announced today they have completed their previously announced merger in an all-stock transaction with an enterprise value of approximately $7.8 billion.

The addition of DuPont Fabros’ high-quality, purpose-built data center portfolio to Digital Realty’s existing footprint enhances the combined company’s ability to serve its customers in the top U.S. data center metro areas. The merger also provides meaningful customer and geographic diversification for DuPont Fabros shareholders from the combination with Digital Realty’s global platform.


“This highly strategic and complementary transaction further expands our product offering, and solidifies our blue-chip customer base,” said A. William Stein, Digital Realty’s Chief Executive Officer. “This deal is consistent with our investment criteria, and is likewise consistent with our strategy of offering our customers the most comprehensive set of data center solutions, from single-cabinet colocation and interconnection, all the way up to multi-megawatt hyper-scale deployments.”

In conjunction with the merger closing, Digital Realty appointed former DuPont Fabros Board members Michael A. Coke and John T. Roberts, Jr. to Digital Realty’s Board of Directors. Mr. Coke is a highly respected real estate executive, having co-founded Terreno Realty Corporation, a publicly traded U.S. industrial REIT, where he serves as President and as a member of the Board of Directors. Previously, he served as Chief Financial Officer and Executive Vice President for AMB Property Corporation, a global developer and owner of industrial real estate focused on major hub and gateway distribution markets. Mr. Roberts is also a veteran real estate investor, having held various positions at AMB Property Corporation, including President of AMB Capital Partners LLC, a subsidiary of AMB Property Corporation responsible for AMB’s global private capital ventures.

Digital Realty also announced today the early tender results for, and the early settlement of, the previously announced tender offer and consent solicitation for the existing 5.875% senior notes due 2021 issued by DuPont Fabros Technology, L.P.

As of 5:00 p.m. EDT on September 13, 2017, holders of approximately $475 million had validly tendered and delivered their notes and the related consents, which represents approximately 79% of the $600 million aggregate principal amount outstanding. The withdrawal deadline also expired at 5:00 p.m. EDT on September 13, 2017. As a result, notes tendered pursuant to the tender offer can no longer be withdrawn.

The issuer exercised its right to accept and to purchase and pay for the early tender notes. Settlement occurred earlier today, September 14, 2017, immediately following the consummation of the merger. The total consideration paid for each $1,000 principal amount of early tender notes was $1,032.50 (including a $30.00 consent payment), plus accrued and unpaid interest from June 15, 2017 up to, but not including, September 14, 2017.

Having received the requisite consents from the holders of the notes in the tender offer, the issuer and U.S. Bank National Association, as trustee, executed a supplemental indenture amending the indenture relating to the notes. The supplemental indenture eliminates substantially all the restrictive covenants, certain events of default and related provisions contained in the indenture and reduces the notice periods required for redemption of the notes as described in the offer to purchase.

The tender offer will expire at 11:59 p.m. EDT on September 27, 2017 unless extended or terminated earlier by the offeror in its sole discretion. Holders who validly tender their notes after the consent payment deadline, but at or prior to expiration of the tender offer, and whose notes are accepted for purchase, will only be eligible to receive $1,002.50 per $1,000 principal amount of notes tendered, plus accrued and unpaid interest from and including the most recent interest payment date, and up to, but not including the final settlement date, which is expected to be the business day following the expiration of the tender offer. The complete terms and conditions of the tender offer are set forth in the offer documents that were previously sent to holders of the notes.

Immediately following settlement of the purchase of the early tender notes, the issuer issued a notice of redemption for the remaining outstanding principal amount. On September 18, 2017, the issuer expects to redeem the remaining outstanding principal amount at a redemption price equal to 102.938% of the aggregate principal amount of the notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date. Holders of the notes may still participate in the tender offer and tender their notes at or prior to the expiration date, even though the issuer has elected to call the remaining outstanding notes for redemption.

On September 14, 2017, the issuer also issued redemption notices for the 5.625% senior notes due 2023 issued by DuPont Fabros Technology, L.P. On October 16, 2017, the issuer expects to redeem 35% of the notes due 2023 at a redemption price equal to 105.625% of the aggregate principal amount of the notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date. On October 17, 2017, the issuer expects to redeem the remaining outstanding principal amount of notes due 2023 at a redemption price equal to 100.000% of the aggregate principal amount of the notes to be redeemed, plus a make-whole premium and accrued and unpaid interest up to, but excluding, the redemption date.

Citigroup Global Markets Inc. has been engaged as Dealer Manager and Solicitation Agent for the tender offer. Questions regarding the tender offer should be directed to Citigroup Global Markets Inc. at (212) 723-6106 or (800) 558-3745. Requests for copies of the offer documents or documents relating to the tender offer and consent solicitation may be directed to Global Bondholder Services Corporation, the Tender Agent and Information Agent for the tender offer, at (866) 924-2200.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, the notes. The tender offer is made solely pursuant to the offer documents. The tender offer is not being made to holders of notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. Holders are urged to read the offer documents and related documents carefully before making any decision with respect to the tender offer. Holders of notes must make their own decisions as to whether to tender their notes and provide the related consents. Neither the issuer, Digital Realty, the Dealer Manager and Solicitation Agent, the Information Agent, the Tender Agent or the Trustee makes any recommendations as to whether holders should tender their notes pursuant to the tender offer, and no one has been authorized to make such a recommendation.

About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty’s clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. https://www.digitalrealty.com/

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In the latest report about the server market by Gartner, the world’s leading research and advisory company, it has been found that in the second quarter of 2017, worldwide server revenue increased 2.8% YoY, while shipments grew 2.4% from the second quarter of 2016. “The second quarter of 2017 produced some growth compared with the first quarter on a global level, with varying regional results. The growth for the quarter is attributable to two main factors. The first is strong regional performance in Asia/Pacific because of data center infrastructure build-outs, mostly in China. The second is ongoing hyperscale data center growth that is exhibited in the self-build/ODM (original design manufacturer) segment,” said Jeffrey Hewitt, research vice president at Gartner. Mr. Hewitt also said that x86 servers increased 2.5 percent in shipments and 6.9 percent in revenue, while the RISC/Itanium Unix servers fell down 21.4 percent in shipments and 24.9 percent in vendor revenue as…
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Amsterdam, The Netherlands – EvoSwitch, a Europe and U.S. based colocation data center provider with its partner-rich cloud interconnection platform, EvoSwitch OpenCloud, today releases a new white paper titled: ‘How to Build a Better Cloud –Planning.’ Aimed at CIOs, CTOs and IT Directors, the white paper provides expert-input to a business-driven planning process for weighing multi-cloud environments and implementing a hybrid cloud strategy.

As a colocation services provider with its data centers located in Amsterdam, the Netherlands, and Manassas (Washington DC area) in the U.S., EvoSwitch serves a considerable amount of clients with hybrid cloud needs. That’s why the colocation company established its cloud marketplace, EvoSwitch OpenCloud, two years ago. Through this marketplace, EvoSwitch customers would be able to quickly and securely interconnect to a large number of other cloud platforms including AWS, Google and Azure.


Partly based on these OpenCloud, hybrid cloud customer experiences as well as cloud management expertise of the author himself, the EvoSwitch white paper released today provides CIOs, CTOs and IT Directors with business-driven guidance for successfully planning their hybrid cloud strategy. Titled ‘How to Build a Better Cloud –Planning,’ the white paper is written by seasoned data center services and cloud computing professional, Patrick van der Wilt, who serves as the Commercial Director for EvoSwitch.

EvoSwitch’s new white paper ‘How to Build a Better Cloud –Planning’ counts 30 pages and is available in English. It can be downloaded for free at: https://evoswitch.com/white_papers/build-a-better-cloud-part-1-planning/.

Detailed Hybrid Cloud Planning, Deep Buy-In

The EvoSwitch white paper addresses current hybrid cloud challenges and opportunities, and contains in-depth knowledge for CIOs, CTOs and IT Directors on successfully establishing the right planning processes for a hybrid cloud roadmap.

The author, Mr. Van der Wilt advocates that the following factors should be considered when selecting a solid private/public cloud balance and planning a migration towards a hybrid cloud environment: identifying business requirements; identifying hybrid cloud benefits and business outcomes; compliance management; (spread of) cost; identifying and modifying internal organizational capabilities; data sovereignty; asset review & management – both data and people; achieving harmony in connectivity between systems, data, services and hosting infrastructure; and selling the hybrid cloud strategy. He elaborates on that by providing specific tips on planning the appropriate hybrid cloud delivery model.

“Successful digital transformation and migration to a hybrid cloud environment requires detailed planning, and above all a deep buy-in,” said Patrick van der Wilt, the author of EvoSwitch’s new white paper. “Key to hybrid cloud migration success is to explain and sell the processes planned, at every level of migration. Although this paper is intended to provide technical managers such as CIOs, CTOs and IT Directors with in-depth guidance for planning their hybrid cloud journeys, I’ve also included introductory information for non-technical senior managers involved in IT decision making and hybrid IT planning.”

The EvoSwitch white paper includes a variety of hybrid cloud market study results that can help enterprise management to achieve organizational buy-in when planning their hybrid cloud journey. It also contains private vs. public cloud considerations, featuring ’10 Key Pros & Cons of Public and Private Cloud.’ The paper concludes with providing a Planning Checklist with key activities that should be considered in the run-up to hybrid cloud implementation.

Evoswitch experts are already working on the compilation of a new white paper, which will be the sequel to current paper. Where current white paper handles the strategic ins and outs for planning a hybrid cloud journey, the new to be released paper will address the implementation phase.

About EvoSwitch
EvoSwitch provides secure and sustainable data center services, with cloud- and carrier-neutral data centers in Europe and the United States. EvoSwitch is home to growing ecosystems of customers around interconnection and hybrid cloud, operating at the edge of the Internet and providing access to public clouds. EvoSwitch enables global and local customers to build their IT infrastructure for growth, creating value for customers and partners alike offering 139.900 sq. ft. (13.000 m2) and ample room for further growth on both sides of the Atlantic. In response to customer demand and market requirements, EvoSwitch has built an extensive set of managed services including its EvoSwitch OpenCloud – a cloud-neutral and partner-rich (hybrid) cloud interconnection marketplace for low-latency interconnection options. As one of the first colocation data centers in Europe with ultra-low PUE figures while utilizing 100% renewables, EvoSwitch’s engineering teams provide special assistance for customers when optimizing equipment configurations, condition monitoring and reduction of energy consumption. EvoSwitch’s data centers in both Europe and the U.S. provide enterprise-grade security measures while meeting strict compliance and third-party accredited standards including ISO 27001:2013, ISO 14001:2004, PCI-DSS, SIOC1 Type II, and LEED Gold. To learn more about EvoSwitch, visit: evoswitch.com

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Brought to you by Data Center Knowledge
We don't often get a chance to stick two buzz-phrases into one headline, but thanks to VMware, today is our lucky day.
For companies looking to deploy edge computing, be it computers in retail stores, in remote offices, or on factory floors, VMware has a new hyper-converged cluster powered by vSAN, its answer to hyper-converged infrastructure leaders like Nutanix and Hewlett Packard Enterprise-owned SimpliVity.
Companies typically deploy edge computing nodes to process data close to where it originates to get analytics results faster, to save on the cost of transporting data to a central data center, or to avoid problems caused by poor remote-site connectivity.
Use of this type of computing infrastructure is on the rise, which is expected to accelerate as next-generation applications, such as self-driving cars or virtual and augmented reality kick into high gear and spur demand for heavy, near-real-time processing impossible if data from the originating device has to travel to a remote data center and back.
"Most customers now want to process all the data at the remote site," Chanda Dani, senior director of product marketing at VMware, said in an interview with Data Center Knowledge.
See also: What's Behind AT&T's Big Bet on Edge Computing
The company's new HCI Acceleration Kit is a $25,000 pre-integrated three-node cluster that comes pre-loaded with vSphere, its server virtualization software, and vSAN. Each of the
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TAMPA, FL – Hivelocity launched it’s second data center in Tampa in response to the demand for locally owned and operated supply in Tampa. A Tampa Bay Business Journal Fast50 award winner, Hivelocity’s growth has historically been driven by it’s dedicated server and private cloud businesses, making Hivelocity the largest consumer of it’s own data center services. Rick Nicholas, VP of Colocation at Hivelocity explained “We’re able to meet customers where they are along their journey to the cloud. We offer private connectivity from their colocation space to our public cloud, private cloud, storage, and dedicated server offerings so they can migrate and grow in the manner that best suits them. Total Telecom’s a trusted name to walk customers along that journey and we’re thrilled to serve their customers.”

The Partnership aims to expand Hivelocity’s exposure to the Enterprise and Government segments. Hivelocity’s newly opened TPA2 data center is the latest in the growing requirements for Data Center space expected to be a $62.3 Billion dollar industry by 2022 (Source http://www.marketsandmarkets.com/PressReleases/colocation.asp ). The newly opened 30,000sf/3MW facility 15 minutes from Downtown Tampa is Hivelocity’s second data center in Tampa and provides the ability to custom design, build, and support the unique needs of Government and Enterprise organizations. This facility is the most recent to open in Tampa with the ability to expand by an additional 60,000sf/6MW over the coming years.

TTMUSA is a sourcing and advisory group quietly assisting Business and Government organizations better source and operate their technology needs. “We are very excited about the opening of Hivelocity’s TPA2 facility. Tampa Businesses have been in need of better options to host their most critical IT infrastructure for years. Mergers/Acquisitions, lack of investment, and lack of local support has been the most common complaint. This has lead to many of our Tampa based Customers to source and grow their space out of the region. Hivelocity is unique in a number of respects. They built one of the largest and robust IP interconnections for their Private Cloud Customers in Tampa and Atlanta. The space provides the opportunity to completely customize around a client’s needs and its proximity to Tampa. This infrastructure, aquility, and Geographic desirability will be a winning combination in our engagements to assist customers find proper data center housing both in Tampa and Atlanta.” Allan Watkins

About TTMUSA
Total Telecom Management, Inc. (TTMUSA) is a full service, boutique Master Agency, located in Roswell, GA. TTMUSA has focused on how to develop a complete IT life cycle for their customers specifically in the VAR community. TTMUSA is a key partner resource for numerous VAR’s and MSPs to assist them in leveraging network services and cloud “as-a-Service” solutions. TTMUSA focuses on simplifying the technology to enhance the buying experience for their enterprise and government customers. TTMUSA achieves success when we empower our partners and their customer IT teams to focus on the adoption of new technologies swiftly and efficiently while maintaining a high level of cost effectiveness. As one of the leading full service boutique Master Agents, we strive in providing the best results on ever engagement.

About Hivelocity
Hivelocity provides cloud hosting, dedicated servers and colocation services to customers from over 130 countries worldwide. By simply focusing on solutions and environments that put the customer in the best position to succeed, Hivelocity has grown steadily since 2002. These highly scalable solutions are delivered from CJIS, SSAE16, SOC 1, SOC 2 and HIPAA certified facilities. For more information about Hivelocity you can visit them at https://hivelocity.net.

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Google is going to factor HTTPS when ranking websites in search results which it hopes will encourage more site owners to switch to HTTPS from HTTP, according to a blog post by the search giant on Wednesday.

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