Lots of varied news from the colo and cloud sector this week, here's a quick look at items from CoreSite, IO, Phoenix NAP, Viawest, and Digital Realty:
CoreSite (NYSE:COR, news, filings) had news on both the financial and partnership fronts. The data center REIT has managed to expand its revolving credit facility by more than 50% to $355M while converting it it to unsecured and lowering the interest rate by 25 basis points. That will make their war chest simultaneously larger and more flexible. And Nivanix says it is collaborating with CoreSite to provide direct connectivity to the company's Cloud out of One Wilshire. CoreSite has been paying special attention to its internal ecosystem lately.
io picked up where it left off in 2012 with another modular data center contract. Choice Hotels International will be using their Data-Center-as-a-Service offerings out of IO.Phoenix to house the IT infrastructure they use to run those 6,200 hotels around the world, e.g. their global distribution platform and reservations systems.
Also in Arizona, Phoenix NAP has posted two new contracts so far this week. Western WiMAX has established a PoP and is now offering high capacity SLA'd solutions in the Phoenix area. And Orvant has selected Phoenix NAP to host its cloud-based network security services.
Viawest (news) says it has strengthened its compliance portfolio. The colo and cloud provider has enhanced its library of compliance and attestation reports to include SOC2 Type II, doubled the number of facilities covered by PCI ROC, and added a HIPAA report for four facilities. Lots of alphabet soup there, but convincing the enterprise community to move infrastructure into the cloud requires a common understanding beyond what marketing puts in pamphlets and standards compliance provides a big piece of that.
And Digital Realty Trust (NYSE:DLR, news, filings) started off the new year doing what it does best - buying a facility each week. In this case, it was completing the acquisition of an operating data center down under in Sydney, Australia at 23-25 Waterloo Road, Macquarie Park. The 7,500 square meters came at a price of AU$11.75M and adds to the REIT's growing APAC footprint.