Friday Int’l Roundup: Orange Business, Hawaiki, Sparkle, BSO

May 19th, 2017 by · Leave a Comment

Here’s a set of quick takes on some more international news items, which there have been more than a few of this week.

Orange Business Services may get a bit bigger soon. Its parent company, Orange, has entered into exclusive negotiations with the Paris-listed systems integrator Business & Decision. If a deal comes to fruition, some 2,500 employees. Orange is apparently offering €7.93 per share, a 34% premium over the 12 month average share price, which would come to about €62.5M.

Hawaiki says that the manufacturing stage of its cable build is nearly complete. TE Subcom has completed more than 13,000km of cable for the system, as well as 150 repeaters. They expect to load the first 7,000km of cable onto ships in June. If all remains on schedule, the New-Zealand-US cable system will be operational by mid-2018.

TI Sparkle saw some new activity coming out of its Sicily Hub. Packistan’s PTCL has expanded its network to Europe, taking advantage of the peering opportunities available in Sparkle’s Palermo facility. They hope to improve latency and user experience for content coming into Pakistan from Europe as a result.

And BSO has signed up a key financial partner. CME Group has entered into an agreement to provide its cusomters with a combination of hosting, colocation, and market data from BSO. BSO has been adding US depth to its low latency wares over the last year or two, with a specific focus on Chicago.

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Categories: Interconnection · Low Latency · Mergers and Acquisitions · Undersea cables

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