Tuesday Bytes: Netrality, Flexential, Nokia, Everstream

April 28th, 2020 by · Leave a Comment

Two data center expansion items, one vendor win overseas, and some fiber M&A news from the Midwest:

Netrality Data Centers has polished off a series of projects out at 1102 Grand in Kansas City. The overhaul has taken over a year, increasing power and adding fiber, racks, cabinets, and meet-me rooms. The facility has been in Netrality's hands since 2012. Netrality was purchased by the infrastructure fund Macquarie last year.

Flexential is adding a few more managed services to its portfolio. They have moved into Managed Public Cloud and Managed Container Orchestration, giving customers the ability to do more remotely than before. Given the new normal of doing everything remotely that can be done remotely, such services are certainly a big piece of the puzzle. The educational technology firm Sphero, Inc. is among the early customers of the new Managed Container Orchestration service.

Nokia has won some business in China that goes beyond the usual targets we hear about. Central China Holdings has tapped the Finnish-based giant for the technology underlying its residential and business real estate infrastructure. The deal will see Nokia's passive optical lan, home WiFi, big data, and 5G solutions find a home in Henan province and its major markets of Zhengzhou and Shangqiu. The home networking segment in China is almost entirely about intelligently hooking up large apartment complexes.

And Everstream hasn't let social distancing slow down its recent M&A activity. Yesterday they closed their purchase of Rocket Fiber LLC, giving them additional depth in Detroit as well as other Michigan markets. The deal adds 42 route miles and 5K businesses to their network reach as well as some new feet on the ground in Detroit itself. Everstream is busy spending $250M this year to build out infrastructure across the Midwest.

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Categories: Datacenter · Mergers and Acquisitions · Metro fiber · Telecom Equipment · Wireless

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