Saturday, July 28, 2018

Bloom Energy completes IPO - fuel cells

Bloom Energy Corporation (NYSE:BE) completed its initial public offering of 18,000,000 shares at a price to the public of $15.00 per share, raising $270 million.  Bloom Energy, which is based in Sunnyvale, California, offers a solid oxide fuel cell product called the "Bloom Energy Server" that converts standard low pressure natural gas or biogas into electricity through an electrochemical process without combustion.  The company says...

Global cloud provider upgrades with dark fiber and 100G from Zayo

Zayo announced that a global cloud provider customer has selected it to expand its long-haul dark fiber network and to upgrade optical wavelength capacity across the U.S.  Zayo did not disclose the name of the cloud company but said the plan represents an expansion of its existing relationship. The dark fiber solutions include leasing of multiple long-haul dark fiber routes, including fully redundant paths to meet growing diversity requirements....