Two bits of M&A, a joint ventur, and a partnership spread across the industry to keep up with:
Turbidite, the new Hong Kong-based data center platform co-founded last week by former GCX CEO Bill Barney, didn’t waste any time finding its first deal. They have unveiled a JV with IT&E, a subsidiary of Prospector Pacific, to deploy a Tier III+ data center on the island of Guam. The aim is to serve as an IX for submarine cables landing on Guam, which acts as a nexus between Australia, Southeast Asia, and East Asia. The new facility will come online next year.
In the vendor space, DZS has made another inorganic move. Late last week they acquired RIFT, which specializes in network orchestration and automation. DZS will fold that technology and expertise into its own SDN-powered portfolio as DZS Cloud. DZS only recently closed its purchase of the optical transport solution provider Optelian. Things seem to be moving swiftly at DZS lately, one wonders what else they may have planned.
Down in Texas, LOGIX Fiber Networks has tapped Connected2Fiber to boost its wholesale channel. The arrangement will see LOGIX’s fiber and connected buildings added to Connected2Fiber’s platform, simplifying the process of third parties buying and selling across their infrastructure. LOGIX has discussed in more detail its goal of expanding its wholesale presence in an Industry Spotlight that will will be published soon here on Telecom Ramblings (stay tuned).
And there was a major M&A move down under by Macquarie. A consortium by the ever-present infrastructure investment giant has led a $2.7B takeover deal for Vocus. They had recently made a $2.62B binding offer for the company, and clearly only had to tweak it up a bit more to get Vocus to say yes. Vocus had been planning to IPO its New Zealand business, but that has now been shelved.
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