Monday, November 15, 2021

American Tower to buy CoreSite for $10B

American Tower agreed to acquire CoreSite for $170.00 per share in cash, an enterprise value of $10.1 billion when including the assumption and/or repayment of CoreSite’s existing debt.CoreSite, which as of Q3 2021 consisted of 25 data centers, 21 cloud on-ramps and over 32,000 interconnections in eight major U.S. markets, generated annualized revenue and Adjusted EBITDA of $655 million and $343 million, respectively, in Q3 2021. CoreSite has averaged...

KKR and Global Infrastructure Partners to acquire CyrusOne for $15B

KKR, a leading global investment firm, and Global Infrastructure Partners agreed to acquire CyrusOne for $90.50 per share in an all-cash transaction valued at approximately $15 billion, including the assumption of debt.The $90.50 per share purchase price reflects a premium of approximately 25% to CyrusOne’s unaffected closing stock price on September 27, 2021, the last full trading day prior to published market speculation regarding a potential sale...

Xilinx intros FPGA data center accelerator card for HPC

Xilinx introduced a data center accelerator card and a new standards-based, API-driven clustering solution for deploying FPGAs at massive scale for high performance computing (HPC) and database workloads. The new Alveo U55C accelerator, which is Xilinx’s most powerful Alveo accelerator card to date, delivers more parallelism of data pipelines, superior memory management, optimized data movement throughout the pipeline, and the highest performance-per-watt...

Astera Labs' module enables copper-based Smart Electrical Cables at up to 800 GbE

Astera Labs introduced its new Taurus Smart Cable Module portfolio to overcome performance bottlenecks in data center Switch-to-Switch and Switch-to-Server interconnects running up to 100G/Lane for 200/400/800 GbE. The Taurus SCM enables cloud system integrators and cable assembly vendors to rapidly develop and deploy cost-effective, copper-based Smart Electrical Cables (SEC) with purpose-built intelligence capabilities to reliably address reach,...

Megaport offers Aruba EdgeConnect SD-WAN

Megaport is now offering the Aruba EdgeConnect SD-WAN Platform on Megaport Virtual Edge (MVE) for enabling  branch-to-cloud connectivity via Megaport’s global SDN.Aruba EdgeConnect customers can now leverage Megaport’s worldwide ecosystem of more than 700 data centres and over 360 service providers, with 230+ cloud on-ramps including Alibaba Cloud, AWS, Google Cloud, Microsoft Azure, IBM Cloud, Oracle Cloud, and Salesforce. MVE is a globally...

Netography raises $45M for cloud-native network detection and response

Netography, a start-up based in Annapolis, Maryland, raised $45 million in Series A funding for its SAAS network security offering.Netography’s cloud-native SaaS NDR ingests network metadata from on-premise as well as multicloud infrastructure to provide visibility and attack detection in a much simpler and easier to manage package than traditional network detection and response (NDR) solutions. The company’s technology deploys, runs, and scales...

Santec acquires JGR Optics and OptoTest for optical test

Japan-based Santec Corporation has acquired JGR Optics Inc. (Headquarters: Ottawa, Canada), and OptoTest Corp. (Headquarters: Camarillo, CA). Both companies will continue to operate under their existing brands as subsidiaries of Santec. Financial terms were not disclosed.Both JGR Optics and OptoTest are recognized leaders in fiber optic test solutions for measuring insertion and return loss of cable assemblies and components. Santec is a leading...