I’m on the road this week, but here’s a quick rundown of some of the news out there:
And NTT has made another inorganic foray into the US markets, but this time in the via its Facilities subsidiary. NTT Facilities, Inc has taken a majority interest in EEC, which specializes in designing and upgrading the important stuff inside of data centers. We had EEC’s CEO Ken Rapoport here for an Industry Spotlight just a few months back.
Equinix tapped the debt markets yesterday for a cool $1.25B. They’ve priced $750M of 5.375% notes due 2022 and $500M of 5.75% notes due 2025, which is $250M more than originally proposed. Listed in the likely uses of the cash is distributions to stockholders in connection with the REIT conversion. That’s on the menu for the new year, which is not so far away now.
Verizon’s EdgeCast division is getting the silent treatment from China. Apparently, the CDN’s servers are now being blocked by the Great Firewall of China. If blocking an entire global CDN seems like a silly and ham-handed way to go about traffic management with all sorts of unintended consequences, you have grasped the concept. China’s censors tend to go a bit loopy when big international meetings come calling. You’d think with APEC now over the censors there would be easing off.
BTI Systems continued to expand into the metro cloud opportunity with new Carrier-Ethernet gear. They’ve expanded their access and aggregation portfolio with two new CE 2.0-compliant platforms announced at MEF’s GEN14. That’s where I am today, and there will likely be other announcements from the participants here
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