Category: Capital Markets

STACK INFRASTRUCTURE Closes on $850 million Structured Debt Financing

Feb 12, 2019

DENVER, CO – STACK INFRASTRUCTURE has announced the issuance of $850 million USD of securitized notes to build even more data centers, following the recent launch of the STACK platform on January 15. The Notes are rated investment grade at A- by Standard & Poor’s. “This financing immediately positions STACK with the long-term capital structure […] more

DENVER, CO – STACK INFRASTRUCTURE has announced the issuance of $850 million USD of securitized notes to build even more data centers, following the recent launch of the STACK platform on January 15. The Notes are rated investment grade at A- by Standard & Poor’s. “This financing immediately positions STACK with the long-term capital structure […] more

SysGroup to Acquire Certus IT

Feb 12, 2019

LONDON, UK — SysGroup PLC, one of the UK’s fastest growing managed IT services and cloud hosting providers, has entered into an agreement to acquire Certus IT Limited for £8.0 Million GBP. SysGroup has also raised £10.0 million from the capital markets, which in addition to its new £5.0 million banking facility from Santander, will […] more

LONDON, UK — SysGroup PLC, one of the UK’s fastest growing managed IT services and cloud hosting providers, has entered into an agreement to acquire Certus IT Limited for £8.0 Million GBP. SysGroup has also raised £10.0 million from the capital markets, which in addition to its new £5.0 million banking facility from Santander, will […] more

T-Systems Announces Completion of Data Center Consolidation

Feb 11, 2019

BERLIN, GERMANY — T-Systems, the German global IT services and consulting division of Deutsche Telekom which has been operating at loss in recent months, has announced via a press release (originally written in German) the completion of their previously announced major data center consolidation. T-Systems’ number of data centers around the earth has decreased to […] more

BERLIN, GERMANY — T-Systems, the German global IT services and consulting division of Deutsche Telekom which has been operating at loss in recent months, has announced via a press release (originally written in German) the completion of their previously announced major data center consolidation. T-Systems’ number of data centers around the earth has decreased to […] more

Cryptos Post Crazy Gains to Close Week

Feb 11, 2019

NEW YORK, NY — It seems that the numerous trading insiders who advised that investors troubled by crypto’s crash stay the course and play the long game might have been right all along. Crypto-currencies arose from their slump at the end of last week, posting the biggest gains for both Bitcoin and its rivals in […] more

NEW YORK, NY — It seems that the numerous trading insiders who advised that investors troubled by crypto’s crash stay the course and play the long game might have been right all along. Crypto-currencies arose from their slump at the end of last week, posting the biggest gains for both Bitcoin and its rivals in […] more

POET to Sell DenseLight Subsidary

Feb 5, 2019

TORONTO, ON — POET Technologies Inc, a designer, developer and manufacturer of opto-electronic devices, has signed a non-binding Letter of Intent (LOI) for the sale of the capital stock of its Singapore-based DenseLight subsidiary to an un-named buyer. Terms include a proposed cash consideration in the range of $26 Million USD-$30 Million USD, including a […] more

TORONTO, ON — POET Technologies Inc, a designer, developer and manufacturer of opto-electronic devices, has signed a non-binding Letter of Intent (LOI) for the sale of the capital stock of its Singapore-based DenseLight subsidiary to an un-named buyer. Terms include a proposed cash consideration in the range of $26 Million USD-$30 Million USD, including a […] more