It's election day in the US, and in terms of news few here are likely to try to compete with that. Luckily there is the rest of the world to look at, so here's a quick look at some news from Europe worth noting from the start of this week:
Vantage Data Centers has officially opened its doors in the European hub of Frankfurt, Germany. With the help of its partners, Energieversorgung Offenbach and DataCenter-Group, the data center operator has completed its first hyperscale facility in this key market, offering 15MW of a total planned 55MW in critical IT capacity. It's part of a $2B expansion plan the company announced earlier this year.
Over in Amsterdam a new traffic milestone was reached. AMS-IX says that on Sunday, November 1 at 7:30pm the interconnection platform broke through the 9Tbps barrier for the first time. Ok so it's not actually a barrier, just a nice round number, but a psychologically significant one regardless. This has been a unique year in infrastructure growth due to the global pandemic, and it's probably no accident that the surge that put them over the top came just as new lockdowns are taking effect in some European markets, driving even more people back onto the internet for both work and entertainment.
The Swedish-based vendor Ericsson has polished off its $1B purchase of Cradlepoint. Cradlepoint focuses on 4G/5G Wireless WAN Edge solutions for the enterprise with sales of SEK 1.2B, and will continue to operate stand-alone under its current branding. The deal will see Ericsson's headcount grow by some 700. Cradlepoint is based in Boise, Idaho and operates an R&D facility in Silicon Valley.
And in the cloud communications world, Bandwidth has closed its €446M purchase of Voxbone. The deal accelerates Bandwidth's plans for international expansion, giving them reach into countries comprising 93% of global GDP. Voxbone is expected to finish 2020 with some $85M in revenue, up 25% over 2019. Upon close the deal will be accretive to Bandwidth's non-GAAP income and margins. Some 200 new employees, most in the UK and Belgium, will join Bandwidth's team.
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!Categories: Datacenter · Interconnection · Mergers and Acquisitions · Telecom Equipment · VoIP