One M&A, one new data center, three new fiber markets, and a partnership overseas:
Out in Indiana, New Lisbon Broadband and Communications has made an inorganic move. They are acquiring Taylored Systems, a managed IT services provider based in nearby Noblesville. NLBC and Taylored have worked together on infrastructure projects in east Central Indiana already, and will be combining their efforts. Taylored's founder and President, Bill Taylor, will be retiring, while New Lisbon CEO John Greene, who we had on here for a two-part spotlight in May, will take over as CEO of Taylored and Amy Hart-Ramey will head the existing management team as President.
TierPoint is expanding outside of St. Louis, Missouri. The data center operator is building a new 23,000-square-foot facility in the Westport area. The expansion will cost Tierpoint some $20M, and they already have an anchor tenant lined up for when it is ready sometime in the second quarter of next year (2022). It will be their third location in the St. Louis metro area.
Vexus Fiber is expanding its FTTH efforts into three new Louisiana markets. Vexus is building out fiber in Lake Charles, Sulphur, and Westlake and planning to offer symmetrical multi-gigabit speeds to some 40K homes and businesses. Construction will begin in the first quarter of 2022 and will take some 3 years to fully complete. Vexus is backed by Pamlico Capital and Oak Hill Capital.
And Liquid Intelligent Technologies has teamed up with Unitas Global over in Africa. The two announced a strategic partnership that will interconnect some 40 data centers across 18 African countries. Liquid's pan-African infrastructure will do the physical part, while Unitas Global's integrated SDN, IP and Access technology will enable ubiquitous cloud connectivity and interconnections between.
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