NEC has been selected as the systems supplier for a new Trans-Pacific cable that will boast an initial design capacity of 60 Tbps: 100G x 100 wavelengths x 6 fiber pairs. It is believed to be the largest design capacity on this route.
The FASTER cable will connect the west coast of the United States with two landing stations in Japan. The US$300 million cable is targeted to enter service in Q2 2016.
The project is backed by a consortium of six companies: China Mobile International, China Telecom Global, Global Transit, Google, KDDI and SingTel.
Digital Realty Trust agreed to acquire Telx, a national provider of data center colocation, interconnection and cloud enablement solutions, for $1.886 billion from private equity firms ABRY Partners and Berkshire Partners.
The combination is expected to double Digital Realty's footprint in the rapidly-growing colocation business, as well as provide Digital Realty customers access to a leading interconnection platform.
As of March 31, 2015, Telx managed 1.3 million square feet of data center space operating out of 20 facilities across the country, of which two are Telx-owned, 11 are leased from Digital Realty, one is partially sub-leased from Digital Realty and an unrelated third party, and six are leased from third parties. Telx's flagship facilities include its NYC1 data center at 60 Hudson Street in Manhattan, which serves as a nerve center for international communications and offers access to physical connection points to the world’s telecommunications networks and Internet backbones. Telx occupies multiple floors at 60 Hudson with interconnectivity to more than 400 carriers, financial exchanges and application, media, content, and software-as-a-service providers with just a single connection. Telx operates other NYC data centers at 111 8th Ave. and 32 Avenue of the Americas (6th Ave).
As of March 31, 2015, Digital Realty's portfolio consisted of 130 properties, including 14 properties held as investments in unconsolidated joint ventures, comprised of approximately 22.1 million square feet, excluding approximately 1.2 million square feet of space under active development and 1.3 million square feet of space held for future development, located throughout North America, Europe, Asia and Australia.
The global network functions virtualization (NFV) hardware, software and services market will reach $11.6 billion in 2019, up from $2.3 billion in 2015, according to new forecast from IHS .
