GTT Closes Sale, Buyers Rename It EXA Infrastructure

GTT Closes Sale, Buyers Rename It EXA Infrastructure EXA Infrastructure sets sights on growth after acquisition creates Europe's most expansive digital infrastructure platform I Squared Press Release September 24, 2021   EXA Infrastructure, the most expansive dedicated digital infrastructure platform connecting Europe and North America, today unveiled a new brand and outlined its intentions to [...]

2021-09-23T20:52:04-04:00September 24th, 2021|Categories: State of the Industry|Tags: , , , |

Tampnet Acquires BP’s 1200km Gulf of Mexico Fibre Network

Tampnet Acquires BP’s 1200km Gulf of Mexico Fibre Network By SØREN ARENTSEN April 7, 2021 A great milestone for Tampnet was reached on Tuesday March 30 with the closing of the transaction with BP. The acquisition of the BP Gulf of Mexico (GoM) fibre network replicates Tampnet’s position in the North Sea. It cements the [...]

2021-05-04T12:45:53-04:00April 7th, 2021|Categories: Current Systems|Tags: , , |

Aqua Comms Announces Acquisition by Triple Point’s Digital 9 Infrastructure PLC

Aqua Comms Announces Acquisition by Triple Point’s Digital 9 Infrastructure PLC The externally managed trust is focused on digital infrastructure assets that deliver a “reliable, functioning internet”. Aqua Comms Press Release April 1, 2021 DUBLIN –  Aqua Comms DAC (“Aqua Comms”), the owner and operator of America Europe Connect-1 (AEC-1), America Europe Connect-2 (AEC-2) and CeltixConnect-1 [...]

LS Cable in Talks to Acquire KT Submarine

LS Cable in Talks to Acquire KT Submarine By Kim Hyun-bin, The Korea Times October 12, 2020 LS Cable is seeking to acquire KT Submarine to further widen its lead in the local undersea cable market. "LS Cable is seeking to acquire KT Submarine and is under price negotiations with the firm," a senior industry [...]

Equinix Acquires 13 Bell Data Center Sites in Canada

Equinix to Expand Canadian Operations with US$750 Million Acquisition of 13 Bell Data Center Sites Equinix Press Release June 1, 2020 Expansion in Eight Metros Will Enable Canadian Businesses and Multinationals Operating in Canada to Accelerate Digital Transformation REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it [...]

2020-06-01T13:38:28-04:00June 1st, 2020|Categories: Data Centers|Tags: , , , , , , |

Facebook to Acquire $5.7bn Stake in Reliance Jio

Facebook to Acquire $5.7bn Stake in India's Reliance Jio By Sebastian Moss, Data Centre Dynamics April 22, 2020 Facebook plans to acquire a 9.99 percent equity stake in Jio Platforms, the holding company of telecom Reliance Jio Infocomm. The INR 435.7 billion ($5.7 billion) deal allows the social media and advertising company to increase its [...]

2020-04-23T10:59:52-04:00April 23rd, 2020|Categories: State of the Industry|Tags: , , , , , |

Facebook Eyes Multibillion-Dollar Stake in Reliance Jio

Facebook Eyes Multibillion-Dollar Stake in Reliance Jio By Anjli Raval, Tim Bradshaw and Benjamin Parkin, Financial Times March 24, 2020 Facebook is seeking to buy a multibillion-dollar stake in Reliance Jio, whose cut-price mobile internet service has attracted 370m Indians in just three years, according to two people with knowledge of the discussions. Facebook was [...]

2020-03-30T10:37:52-04:00March 30th, 2020|Categories: State of the Industry|Tags: , , , , , , |

J.F. Lehman & Company Acquires Global Marine Group

J.F. Lehman & Company Acquires Global Marine Group J.F. Lehman & Co. Press Release March 2, 2020 Global Marine Group (“GMG” or the “Company”), a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, is pleased to announce an affiliate of J.F. Lehman [...]

Cerberus Completes Acquisition of SubCom

Cerberus Completes Acquisition of SubCom Cerberus Capital Management Press Release November 5, 2018 Industry Veteran David Coughlan Rejoins SubCom as Chief Executive Officer NEW YORK, NY – Cerberus Capital Management, L.P. and its affiliates (collectively, “Cerberus”), a global leader in alternative investing, today announced that it has completed the acquisition of the Subsea Communications business [...]

2018-11-05T11:15:21-05:00November 5th, 2018|Categories: State of the Industry|Tags: , , , , |

Ekinops Confirms Talks with Nokia for ASN

Ekinops Confirms Talks with Nokia on ASN (Alcatel Submarine Networks) Buy By Mary Lennighan, Total Telecom October 19, 2018 French optical transport solutions firm is frontrunner to acquire subsea cables business, according to local press report Ekinops on Thursday confirmed that it is holding preliminary talks with Nokia about the possibility of an acquisition of [...]

2018-10-19T10:06:57-04:00October 19th, 2018|Categories: State of the Industry|Tags: , , , , , |