A bit of M&A, some new tech, a channel move, and a financial move.
AtlasEdge has completed another bit of M&A over in Europe. They have announced the closing of the purchase of Datacenter One, a German data center provider. The deal gives AtlasEdge four new data center facilities — two in Stuttgart, one each in Dusseldorf and Leverkusen. Along with their existing facilities in Hamburg and Berlin, the company is definitely putting its regional German coverage in place.
Arelion is looking to the channel to expand its reach in the financial and wholesale markets. They have expanded their relationship with the boutique master agent United Cable Company. UCC will be taking their full IP and optical portfolio to its ecosystem, building upon an existing relationship. Since its split from Telia and rebranding as Arelion, the company has put significant effort into its channel program.
Infinera has joined the Terabit club with the official launch of its ICE7 optical engine. The latest iteration in Infinera’s core technology will offer 800Gbps links for applications up to some 3000km, and 1.2Tbps presumably for a subset of that. With L+C band support the company says ICE7 will support almost 100Tbps per fiber pair. If all goes well, the new tech will start shipping in systems in the first half of 2024. Meanwhile, Infinera also launched a portfolio of optical components and pluggables, increasing their addressable market.
And DataBank has tapped the debt markets this week to the tune of $715M in secured notes. It’s their third such tranche since 2021, and will be used to refinance other existing debt as well as to fund new expansion projects. DataBank did a recapitalization six months ago, and bought four data centers from CyrusOne six months before that. For this set of notes, some 30 investors participated including 13 new ones.
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