CAPRE’s Data Center Industry Round Up for May 21

Check out the latest in deals, development and disruptive technology in the data center space for May 21, 2019:

  • TierPoint Looking for $250-$500 Million in Equity, May Consider Selling for $2.4 Billion: TierPoint is reportedly looking to raise some serious new equity, and may even consider selling their business to the right buyer, according to several major media outlets such as Bloomberg, who based their news on conversations with reliable sources familiar with the matter. TierPoint is seeking an injection of equity between $250 Million USD and $500 million USD to expand its data center footprint in Edge markets like Kansas, Missouri, Nebraska, and Oklahoma. If a sale were to be the right recipe, it would likely fetch over $2.4 Billion USD. Bloomberg bets that a potential sale would likely draw interest from rivals as well as private equity and infrastructure investors.
  • INAP Announces Bare Metal Solutions for Sovrn: Internap Corporation a leading-edge provider of high-performance data center and cloud solutions with global network connectivity, today announced an expanded cloud hosting agreement with Sovrn, an advocate and partner to independent publishers who represent more than 40,000+ websites. Sovrn continues to grow their footprint with INAP based on INAP’s high-performance, scalable bare metal and network services, which currently support the company’s fast-growing advertising, data, and commerce tools, technologies and services. INAP’s expanded, customized solution for Sovrn will be added to INAP’s data centers in Seattle and Ashburn, in addition to INAP’s New York/New Jersey metro, Silicon Valley, Chicago and Amsterdam data centers already supporting the company’s mission.
  • EdgePresence Expands EdgePod Solution to 20 US Markets: EdgePresence, formerly known as Modular Life Solutions, an owner and operator of edge points-of-presence (PoPs) for cell tower, edge data center and enterprise solutions, is currently deploying its EdgePod data centers across 20 markets throughout the U.S. EdgePods are purpose-built edge compute micro data centers, comprehensively and compactly designed to include critical power, distribution, fire suppression, physical security and cooling. EdgePods are anchored at the base of cell towers, data centers, and enterprise campus locations serving as a turnkey solution for businesses looking to implement a flexible and dynamic edge strategy.
  • Coal Plant in Lansing, NY Set to Become Data Center: The Ithaca Voice is first reporting that the Cayuga Power Plant in Lansing, NY seeks to cease its coal operations  and reopen as a 100 megawatt data center. This according to a memo circulated at the Lansing Town Board meeting last week by Lansing city supervisor Ed LaVigne from the Cayuga Operating Company. The project would necessitate $100 million in capital investments, and result in 30 to 40 full-time jobs in the $40-60,000 salary range, as well as about 100 construction jobs. The power plant has operated on the east shore of Cayuga Lake since 1955, according to the local publication. In 2016, the Cayuga Operating Company unsuccessfully submitted an application to convert its coal-fired generators to natural gas to the New York State Public Services Commission.
  • Mellanox Introduces Ethernet Cloud Fabric Technology: Mellanox Technologies, a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, has introduced their Ethernet Cloud Fabric (ECF) technology based on Spectrum-2, the world’s most advanced 100/200/400 Gb/s Ethernet switches. ECF technology provides the ideal platform to quickly build and simply deploy state of the art public and private cloud data centers with improved efficiency and manageability. ECF fully incorporates Ethernet Storage Fabric (ESF) technology that seamlessly allows the network to serve as the ideal scale-out data plane for computing, storage, artificial intelligence, and communications traffic. ECF technology fully embraces Open Ethernet platforms that disaggregate hardware and software, and Spectrum-2 based switches are available with network operating systems including Mellanox Onyx, Cumulus Linux, SONiC, and Linux SwitchDev.