Check out the latest in deals, development and disruptive technology in the data center industry for October 10, 2019:
- Equinix and GIC Complete Formation of Greater than US$1.0 Billion European Data Center Joint Venture: Equinix has announced the completion of the formation of the greater than $1.0 Billion USD joint venture in the form of a limited liability partnership with GIC, Singapore’s sovereign wealth fund, to develop and operate xScale data centers in Europe. As announced with the signing of the agreement in July, xScale data centers will serve the unique core workload deployment needs of a targeted group of hyperscale companies, including the world’s largest cloud service providers. The facilities will allow these key enablers of digital transformation to streamline their continued growth, while strengthening Equinix’s leadership position in the cloud ecosystem, as enterprises increasingly embrace hybrid multicloud as the IT architecture of choice. The initial six facilities in the joint venture will be located in the Amsterdam, London (two sites), Frankfurt (two sites) and Paris markets, on some of Equinix’s existing International Business Exchange (IBX) data center campuses.
- Nutanix Announces New IT Automation for Private Clouds: Nutanix has announced that the Nutanix hyperconverged infrastructure (HCI) platform is integrated with the ServiceNow IT Operations Management solution to automate critical private cloud workflows. With this integration, ServiceNow customers can not only discover Nutanix HCI environments automatically, but also gain access to Nutanix-powered IT services and get direct notification of critical incidents related to Nutanix HCI in their private clouds. Automating the mundane tasks of IT is essential to facilitating and accelerating digital transformation in enterprises. By automating the most requested services and workflows, IT teams can reduce time spent on servicing incidents and issues and focus on offering a public cloud-like experience within the data center, competitive differentiation and strategic planning.
- Legal and General Close to Acquiring NGD: The Telegraph is first reporting that Legal and General, the first UK fund manager that exceeds £1 Trillion GBP in assets likely to acquire Next Generation Data, a 750,000 square foot data storage facility in Newport, South Wales, United Kingdom. “The deal is part of the FTSE 100 investor’s push into digital infrastructure investments as a stepping stone into smart city projects,” according to The Telegraph. “NGD is currently owned by InfraVia, the French investment fund that until recently owned the tram system in Nottingham. InfraVia put its data centre campus on the market earlier this year, appointing investment bank RBC to find a new owner.”
- Telecom Italia Seeks to Spin Off Data Centers to Raise 1 Billion Euros: Bloomberg is first reporting that Telecom Italia SpA, a mobile telephony company founded in 1995 that has since become a brand that provides mobile, fixed telephony, and Internet services, is planning to spin off almost two dozen data centers in Italy, and then list them on the stock market. The a deal could constitute a business value of around 1 billion euros ($1.1 Billion USD). “The move shows that [CEO Luigi] Gubitosi is pulling every lever to cut the former monopoly’s 29 billion-euro ($32 billion) debt pile — one of the biggest in the European telecommunications industry — and share the burden of future infrastructure spending,” writes Bloomberg.
- Liberty Latin America to Acquire AT&T’s Operations in Puerto Rico & the U.S. Virgin Islands: Liberty Latin America, a provider of enterprise-grade connectivity, data center, hosting and managed solutions, will acquire AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands. The acquisition assets are valued at $1.95 Billion USD. The Acquisition Assets provide consumer mobile and B2B services in Puerto Rico and the U.S. Virgin Islands, excluding DIRECTV customers. In Puerto Rico, which represents approximately 90% of the revenue of the assets to be acquired, AT&T’s business is the leading provider of mobile services with the fastest network and a strong spectrum position, in addition to a well invested fiber backhaul network. AT&T will support LLA for a period up to 36 months following the acquisition enabling the efficient transition of services. Following the acquisition, customers in the Acquisition Assets will continue to benefit from free roaming services between Puerto Rico, the U.S. Virgin Islands and the mainland United States, Mexico and Canada. LLA will continue providing leading enterprise services for AT&T’s retained global business customers and support AT&T’s FirstNet program for first responders in Puerto Rico and the U.S. Virgin Islands.
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