Wednesday Roundup: Hylan, Cisco, Digital Realty

July 10th, 2019 by · Leave a Comment

Three expansion items from three different corners of the infrastructure sector at midweek:

Hylan continued its national expansion drive this week with the opening of three new offices in the western USA. The engineering and construction company has added offices in Arizona (Phoenix), northern California (Sacramento), and southern California (Long Beach), boosting its Hylan West division. Hylan West came out of the company's purchase of Tetra Tech Utility Construction last summer, and this expansion formalizes the company's entry into those markets.

Cisco has made a substantial inorganic move to bring more optical capabilities in-house. They are paying $2.6B to acquire Massachusetts-based Acacia Communications. Acacia specializes in coherent optics and has been one of Cisco's suppliers. The deal will enable Cisco to accelerate its interconnection projects with better support for pluggable coherent optics.

And Digital Realty's plans to build out new data center space in Paris are coming together. This morning the company completed the purchase of 3.5 acres of land in Ferriers-en-Brie just east of the city for some $6.9M. With the permits already in place, Digital Realty plans to immediately start building a new 12MW facility, marking its re-entry into the key European market.

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Categories: Datacenter · Engineering & Construction · Mergers and Acquisitions

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