Wednesday Bytes: LightEdge, ColoHouse, Aligned

April 3rd, 2024 by · Leave a Comment

Two bits of M&A from the data center and cloud space, plus a new minority stake in a major data center infrastructure player:

LightEdge has made an inorganic move, entering an agreement to acquire Connectria. The deal will enhance LightEdge’s position in the multi-cloud and managed hosting wing of the infrastructure business, complementing their existing position in colo and private cloud infrastructure. LightEdge operates out of 12 locations in 8 markets, and Connectria will ad another six locations to thatas well as extensive experience with AWS, Azure, and IBM cloud solutions. The deal is expected to close later this month.

ColoHouse has also made an acquisition, buying Hivelocity in its seventh deal over the past three years. The deal gives Colohouse a bigger entry into the world of bare metal hosting, enhancing their current infrastructure and hosting portfolio. The combined company will be able to handle a wider range of solutions as well as improving automation and self service capabilities. The combined company will launch a new private cloud offering next quarter as well.

And Aligned Data Centers has a new minority owner on board. CenterSquare Investment Management has invested in the company alongside existing the existing owners at Maquarie Asset Management. Aligned will use the additional resources to continue its expansion to meet the demands from AI and from hyperscale computing more generally. Last month Aligned also lined up financing from Blackstone as they position themselves for the next stage of growth.

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Categories: Cloud Computing · Datacenter · Managed Services

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