Thursday Roundup: Sparkle, Flexential, Exabeam, Thrive

July 13th, 2023 by · Leave a Comment

Two facility expansion projects, one product launch, and some interesting regional M&A in the managed services world.

Flexential has outlined expansion plans to the tune of 110MW for its FlexAnywhere platform. They have a new 36MW phased development planned for their Atlanta-Douglasville campus in Georgia, which adds to the 22.5MW project they announced a couple quarters ago. Meanwhile, they also plan to complete two new data centers in Hillsboro OR, which will add 54MW of capacity in Oregon over time.

Exabeam is taking aim at federal opportunities. They have delivered a user behavior monitoring solution aimed at federal departments and agencies and will be making it available through Carahsoft’s GSA schedule. The solution is aimed at improving responses to cybersecurity incidents within the govenment as demanded by a memorandum from the OMB a couple years ago.

Sparkle has a new hub in the central American country of Panama. In a JV with Trans Ocean Network, they have launched a combined landing station and data center called the Panama Digital Gateway. Located in Panama City, the facility offers 5,500 square meters of space and 3.5MW of power. Sparkle hopes the location will serve as a nexus between the Caribbean, Central America, and the Andean region of South America.

And the managed services provider Thrive has made an inorganic move into Texas. They have announced the acquisition of Austin-based IT Freedom. It’s Thrive’s 19th deal in 7 years, numbers which are beginning to add up. IT Freedom was founded in 1999 and has a presence throughout the state.

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Categories: Datacenter · Federal contracts · Managed Services · Mergers and Acquisitions · Security

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