Yesterday while I was travelling, we had a bit of cloud M&A to look at. ViaWest has announced an agreement to buy INetU from BV Investment Partners.
The deal adds to ViaWest's cloud and managed services reach, bringing to the table data centers in Seattle, WA on the west coast and Ashburn, VA and Allentown, PA on the east coast of the US as well as across the Atlantic in Amsterdam and London. That gives ViaWest's regional western footprint both national and international dimensions. The companies have similar enterprise customer bases, and look like a pretty good fit to me.
ViaWest is part of Shaw Communications, which acquired the company more than a year ago and added a significant Canadian dimension to the independently operated business. At a time when big operators seem to be reconsidering their data center and cloud investments, Shaw is apparently doing a bit of buying. Over the summer they purchased AppliedTrust as well. There are plenty of additional potential targets out there I'm sure, should they still have an appetite for more data center and cloud assets.
The acquisition of INetU will cost them $162.5M, with no further details being disclosed.
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