APAC, hyperscale, M&A, edge, verticals
It was a busy week across the sector, with a number of strategic developments coming out of the data centre market in APAC. There was also activity around the edge, managed third party cloud and vertical-oriented infrastructure offerings.
There have not been any groundbreaking ceremonies given the pandemic environment, but Digital Realty held a virtual event to kick off its first build in Seoul, South Korea and it was well attended. Meanwhile, Hong Kong developer Hon Kwok Land signed a long-term lease agreement that looks to eventually house hyperscale platforms.
China continues to receive interest from investors as the market presents so much long-term potential. China’s main independent operators – GDS and 21Vianet – both received investments from strategic investors. Finally, still in Asia, Digital Realty sold a portion of its stake in Australia-based interconnection platform Megaport, while reiterating its commitment to the partnership.
On the M&A side, there were a number of notable transactions. In Europe, there was a deal in the SMB space with Benelux provider team.blue acquiring a business in Turkey, while Penta Infra added two more data centres in The Netherlands to its portfolio. On the connectivity side, euNetworks secured more funding and Telefonica finished the divestment of its German mobile tower unit.
Edge has been quiet of late, but there were some interesting recent developments. A new platform called Ridge is partnering with data centres operators, while edge data centre provider Dartpoints partnered with an immersion technology vendor and ZenFi deployed the PacketFabric platform.
The managed third party cloud market continues to mature. InterVision rolled out a new managed AWS offering and ClearDATA extended its compliance platform to Google’s cloud. ClearDATA is focused on the healthcare vertical and there continue to be new services oriented at specific verticals and use cases. Virtustream has a healthcare cloud and disclosed a new customer and Synechron added Google Cloud support for its financial-focused managed IT services.