Acquisition News
Bytemark Buys Derby, UK Web Hosting Company Swordfish. According to the York Press, Bytemark, a York, UK web hosting company named as one of the Top 50 fastest growing technology companies in the north is accelerating its expansion with the completion of its first acquisition. Bytemark, which hosts internet servers and cloud hosting from its own data center at York Business Park, has taken over Derby hosting company Swordfish Hosting. The deal includes Swordfish’s data center assets and its entire customer base, adding to Bytemark’s York and Manchester data centers and 23 employees.
SAGE Computer Associates Acquired by ADNET Technologies. According to Sage Computer Associates, ADNET Technologies announced that it has acquired SAGE Computer Associates located in Albany, NY. Through this transaction, the resources of the ADNET and SAGE teams will be combined and ADNET’s geographic reach will extend further into the Northeast. Together, the two companies will focus on strategic growth of their combined Managed IT Services, Security and Advisory practices as well as expansion of ADNET’s Application Services group.
Atlas Professional Services Acquires Infinity Computer Solutions. On January 7th, Atlas Professional Services announced its acquisition of the information technology data services business of Infinity Computer Solutions (ICS), a privately owned company specializing in IT services throughout the Brandon and Tampa Bay, FL areas. Since 2004, ICS has built a reputation for quality service but has decided to transition its focus away from the information technology data services business. ICS will continue to work closely with Atlas to ensure a seamless transition of the data services business.
Cal Net Announces Acquisition of Velocity Network Solutions. According to Virtual Strategy, Cal Net Technology Group announced the acquisition of Velocity Network Solutions. “With the addition of Velocity Network Solutions to the Cal Net family, we further our position as the premier provider of IT services in the Los Angeles and Orange County region. Cal Net boasts the deepest and most experienced technical bench of any SMB player in the market and continues to bring best-in-class service expertise to our current and future clients,” stated Brian Kreiner, Cal Net’s Chief Executive Officer.
j2 Global Closes 2014 with Seven Cloud Hosted Service Acquisitions. According to the company, j2 Global announced that it closed seven acquisitions in December for its Cloud Services Division. These additions grow the company’s global customer base, provide access to new markets, and expand j2’s product lineup. The acquisitions include Newrise (Fax, USA), Arion IT (Backup, Ireland), Technology Partners (Backup, USA), Quantum RBS (Backup, Canada), Comendo Security (Email Security, Denmark), Stay Secure (Email Security, Sweden) and TestudoData (Email Security, USA).
Financing News
Blue Box Completes Series B Financing, Bringing Total to $14 Million. On January 6th, Blue Box, a Seattle-based provider of on-demand private cloud as a service (PCaaS) solutions, announced it had received an additional $4 million in financing, completing its Series B financing, bringing the total financing of this round to $14 million. The round was completed with the addition of one of the nation’s premier integrated telecom providers who entered the round as the company’s second strategic investor. In addition to the strategic investment, the companies plan to enter into a partnership to deliver Blue Box Cloud to their customers.
Leasing News
Wholesale Data Center Leasing up 37% in 2014. According to Data Center Knowledge, companies leased 37% more wholesale data center space in North America in 2014 than they did during the previous year, according to a report by North American Data Centers. The year’s three biggest known leases were Twitter’s 21 megawatt deal with QTS Realty Trust in Richmond, a 16 megawatt lease with CyrusOne in Phoenix by an undisclosed Bitcoin miner, and Microsoft’s sublease of 13.65 megawatts of capacity from Yahoo in a DuPont Fabros Technology facility in Ashburn.
CoreSite Campus Expansion in Reston Opens with Phase One Build-Out Fully Leased. CoreSite’s VA2 data center facility, part of its Reston Campus, opens with the phase one build-out fully leased. VA2 comprises 198,000 sq. ft., of which the 50,000 sq. ft. Phase 1 turn-key data center capacity was leased in Q4 2014 to a single anchor tenant. In light of the accelerated lease-up of Phase 1, CoreSite is now under construction of Phase 2 of the VA2 build-out.
Digital Realty Reports Preliminary 4Q14 Leasing Results. Digital Realty Trust announced preliminary leasing results for the fourth quarter of 2014 highlighted by new leases totaling over $45 million of annualized GAAP rental revenue during the period, bringing the full-year total for 2014 to over $155 million. The weighted-average lag between leases signed during the fourth quarter and the contractual commencement date was a little over five months, and the weighted-average lease term was a little over eight years, based on preliminary leasing data.
IBM Opens SoftLayer Frankfurt Data Center. According to DataCentres.com, as part of its $1.2 billion investment to expand its global cloud footprint, IBM opened its first cloud data center with SoftLayer in Germany. Located in Frankfurt, the facility provides customers with a local cloud center to help them meet Germany and Europe’s strict security and data privacy regulations. “Data privacy regulations in the European Union are among the most stringent in the world, and Germany has one of the strongest policies,” said Lance Crosby, CEO of SoftLayer.
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