The economy may be sluggish, but if you're in the data center business you probably wonder what all the hubbub is. Here's another quick rundown of interesting items lately:
ZColo, the colocation arm of Zayo Group (news, filings), said yesterday that Hong Kong-based PCCW Global is expanding its presence at the company's 111 8th Ave facility in Manhattan. ZColo is providing extra space and power for a new advanced PoP from which PCCW can offer a wider suite of products. Zayo has been busy in the Big Apple, they are also in the midst of a major network upgrade on the island.
In Texas, Charter Communications has expanded its fiber network into the Meet-Me-Room at the Cologix Infomart in Dallas. The Cable MSO has a substantial presence in the Dallas/Fort Worth metro area, and connecting at Cologix will help expand its connectivity options to serve their customers there. Cologix only recently came out of stealth mode, and will probably be making more noise through the winter.
Earlier this week, Digital Realty Trust (NYSE:DLR, news, filings) made a substantial financial maneuver, closing a giant $1.5B global credit facility. That replaces and substantially expands the previous arrangements they had. It matures in 2015 with a one year extension option, and can be increased to $2.25B. Now given that at the end of Q3 they had only $166M drawn on the previous facility, that's what I'd call a big war chest. I wonder what they have in mind? Yeah yeah, I know - more data centers...
Telx continued to make strides serving cloud providers. Cirracore has joined their Cloud Xchange, which it is initially leveraging to expand its delivery in the Atlanta area. They offer cloud hosting to the enterprise, which I doubt will find itself limited to Atlanta for very long and will expand into Telx's other 8 markets. The cloud ecosystem is starting to take shape these days, and such interconnections are a key piece.
And finally, Equinix (NASDAQ:EQIX, news, filings) says it has been selected as a data center partner for the Rackspace Cloud's Private Edition, which aims at the hybrid and private cloud market if the name wasn't clear enough. There will of course be other such partners, but Equinix was a no-brainer as it brings that global presence to the table instantly. Just where all this public, private, and hybrid stuff shakes out will be the story of 2012 I think.