CapRE’s Data Center Industry Round Up for February 1
Feb 1, 2018
by Josh Anderson
by Josh Anderson
Check out the latest in deals, development and disruptive technology in the data center space for February 1, 2018:
- SAP to Acquire CallidusCloud: The Wall Street Journal is reporting that German software company SAP SE announced this week that it will buy California-based Callidus Software Inc., which sells sales and marketing software and operates under the name CallidusCloud, for $2.4 billion. This is the latest in a series of moves by SAP to increase its cloud computing capabilities. SAP will provide Callidus $36 per share. SAP also acquired expense-management software company Concur Technologies for $8.3 billion in late 2014.
- TNS Expands to New York and Chicago: Transaction Network Services (TNS) is expanding its Managed Hosting, Co-Location and Connectivity Service to two new markets in New York and Chicago. TNS provides efficient and cost-effective managed hosting in remote data center locations on behalf of financial market participants and providers. The service, already widely distributed in Europe and Asia, allows cliens to enjoy the benefits of proximity co-location, such as ultra low latency exchange access and client cross connects without the high cost and complexity of researching, procuring, installing and managing trading infrastructure themselves. TNS’ Managed Hosting, Co-Location and Connectivity Service will be available in the Secaucus campus and Chicago CH4 data centers.
- CommScope MTDC Alliance Welcomes 5 New Members: CommScope’s Multi Tenant Data Center (MTDC) Alliance, whose founding member was Equinix, has brought Digital Realty, RagingWire. T5, Cologix and Aligned energy into its fold. They have also formed a new advisory board, which will meet bi-annually to further the Alliance’s mission of helping clients better understand product and solutions needs, as well as services that can be provided by all members. “Our MTDC advisory board can help customers find the right location and space that suits their needs. There are a lot of questions, and we’re here to provide the right answers,” said Angela Haneklau, vice president of global ecosystem partners for CommScope in a press release.
- Alphabet in Talks to Build Saudi Data Centers with Aramco: In one of their latest efforts to wean themselves off depending on oil, Saudi Arabian state-owned Aramco is in talks with Alphabet to jointly build a tech hub in the Gulf State. The venture is likely also due to a push from Crown Prince Mohammed bin Salman, who has been instrumental in various tech ventures in his country recently, including a deal with Apple. Details such as size, purpose, tenants, and ownership are still under wraps. WSJ notes that Google still maintains longstanding reservations about data privacy in a state where police do not need a court order to access sensitive data.