Although I wouldn't call it a frenzy, there seems to be a steady buzz of M&A at the edges of the cloud as larger players acquire smaller, innovative companies to bring the right combination of talent in-house. Today it was Equinix's turn, as they announced a deal for the professional services firm Nimbo.
Nimbo helps enterprise assemble hybrid cloud IT architectures, a topic that is on everyone's mind these days it seems. They have expertise with multiple clouds and with bringing legacy data centers on-net. It's not a deal about revenue, as Nimbo had less than $10M of it last year, but rather about building a portfolio of services and talent. Equinix has put a large part of its focus in recent years on its marketplace and cloud exchange, and having more managed service folks around who know how to glue it all together certainly can't hurt.
Equinix's conversion to a REIT this year should make their first quarter report an interesting experience. I've been wondering though if the company's future might take them beyond those Tier 1 markets they do so well in and into facilities out toward the edge.
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