Friday Bytes: Novva, BDx, Zayo, Lumen

June 3rd, 2022 by · Leave a Comment

Four bits of interesting infrastructure news to catch up on before the weekend:

Novva Data Centers has raised a bundle of cash for expansion. This week they announced that CIM Group will be investing up to another $355M in capital into the company. Novva is looking to boost its US data center footprint to 1,000MW of capacity over the next 5 years. The company currently operates campuses in Colorado and Utah.

Big Data Exchange has launched a new arm as it expands its footprint in southeast Asia: BDx Indonesia. It’s a JV between BDx, Indosat Ooredoo Hutchison and PT Aplikanusa Lintasarta that will take over the operations of 4 data centers in Jakarta. BDx Indonesia plans to modernize and expand the facilities as well as build new ones as it targets a total of 250MW in the region over the next 5 years.

Zayo has polished off its previously announced acquisition of Education Networks of America. The deal expands Zayo’s presence in the E-Rate world, leveraging public dollars to power bandwidth for schools, libraries, and other public sector customers. It’s Zayo’s second deal of 2022, the first being their acquisition of QOS Networks back in January.

And Lumen has a new partner in its effort to better serve the enterprise and SMB space. They have entered into a strategic partnership with UPSTACK, which will source and sell Lumen’s managed network and IT services via its next generation ecosystem platform. UPSTACK is backed by Berkshire Partners, MidCap Financial, and Morgan Stanley.

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: Channel · Datacenter · Managed Services · Mergers and Acquisitions

Discuss this Post

Leave a Comment

You may Log In to post a comment, or fill in the form to post anonymously.

  • Ramblings’ Jobs

    Post a Job - Just $99/30days
  • Event Calendar