Friday Roundup: QTS, Telia Carrier, Iron Mountain, Nokia, OpenColo

May 14th, 2021 by · Leave a Comment

A couple of deployments and a bit of M&A:

QTS has some additional connectivity options both in New Jersey and Texas. Telia Carrier has deployed 'terabit-scale transmission gear and core routers' at QTS facilities in both Piscataway NJ and Irving TX, enabling it to offer a full suite of services at each. It's an expansion of an existing relationship that complements similar Telia deployments in Chicago, Miami, Hillsboro, and Atlanta plus a presence in Richmond as well.

Iron Mountain is slimming down with the sale of a non-core asset. They are selling their intellectual property management business to NCC Group, tightening their focus toward the infrastructure side of things and raising the capital for projects that could include data center development. The division earned $33M in revenue and $22M in adjusted EBITDA, while the sale price was a total of $220M. The deal is expected to close in June 2021.

And Nokia has picked up a new customer for its data center switching solution. OpenColo, a division of Energy Group Networks, is deploying the Nokia 7220 IXR, 1830 PSS, and 7750 SR, leveraging the underlying SR Linux operating system and its DevOps capabilities, to connect within and between its data center and peering/interconnection points. OpenColo operates a 71,000 square-foot data center in Silicon Valley.

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Categories: Datacenter · Internet Backbones · Mergers and Acquisitions · Software · Telecom Equipment

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