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Category: Capital Markets

 

Schurz Communications Sells Publishing Division to Focus on Cloud & Managed IT

Jan 29, 2019  |  Capital Markets  |  Data Centers  |  News

MISHAWAKA, INDIANA — Schurz Communications, a privately held communications company formed in 1872, has sold its publishing division to GateHouse Media and will now continue full-steam ahead with its previously stated new direction of investing in Cloud and managed IT services and broadband operations. GateHouse Media is one of the largest publishers of locally based … Continue reading “Schurz Communications Sells Publishing Division to Focus on Cloud & Managed IT”

 

Berkshire Partners Becomes Majority Shareholder in Teraco

Jan 28, 2019  |  Capital Markets  |  Data Centers  |  News

BOSTON, MA — Bloomberg is breaking the news that Boston-based Berkshire Partners LLC has acquired a stake in Teraco Data Environments Pty Ltd., Africa’s largest data center operator. Berkshire Partners is now the majority shareholder in Teraco, which is based in Johannesburg, South Africa and also operates data centers in Durban & Cape Town. Though … Continue reading “Berkshire Partners Becomes Majority Shareholder in Teraco”

 

Vantage Data Centers Acquires 4Degrees Colocation

Jan 28, 2019  |  Capital Markets  |  Data Centers

SANTA CLARA, CA — Vantage Data Centers has finalized its acquisition of Canada-based 4Degrees Colocation from Videotron Ltd., a Quebecor Media Inc. (QMI) subsidiary, for approximately $200 million USD ($259 million CAD). The acquisition of 4Degrees expands Vantage’s coast-to-coast presence in North America, which now numbers six markets, adding campuses in Montréal and Québec City … Continue reading “Vantage Data Centers Acquires 4Degrees Colocation”

 

Nutanix Inks Major Cloud Deal with Cal State Long Beach

Jan 25, 2019  |  Capital Markets  |  Computing  |  Data Centers  |  News

SAN JOSE, CA — California State University Long Beach will leverage the Nutanix Enterprise Cloud OS software to provide students and faculty with access to critical applications from any device at any location. By deploying Nutanix, the university’s IT team has improved its previously complicated solution; it can now spend more time focusing on student … Continue reading “Nutanix Inks Major Cloud Deal with Cal State Long Beach”

 

IPG Photonics to Acquire Padtec Submarine Networks Division

Jan 25, 2019  |  Capital Markets  |  Data Centers  |  Infrastructure  |  News

OXFORD, MA — IPG Photonics Corporation has signed a definitive agreement to acquire the submarine networks division of Padtec SA, a communications equipment company based in Brazil. Padtec SND, which has approximately 30 employees, is a provider of submarine networking technology and systems. The transaction will close in the first quarter of 2019. Based in … Continue reading “IPG Photonics to Acquire Padtec Submarine Networks Division”

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