Canada, Montreal, Toronto, M&A, strategic moves, expansions
The sector continues to move forward and there was no shortage of strategic activity across multiple segments and geographies.
There continues to be activity in Canada, especially around the wholesale market. We noted last week how cryptocurrency was pushing demand for colocation in Montreal. One of the providers sure to be looking at this vertical is eStruxture and they added to their capital resources as they close in on launch of a new wholesale facility in Montreal. Over in Toronto, there was a new market entrant. Fifteenfortyseven acquired the I.C.E. Datacenters facility outside Toronto in Markham in a sale-leaseback, as it looks to target wholesale opportunities in the Toronto area. And there is another wholesale development going on in both markets by Urbacon.
There were other notable strategic developments. GoDaddy added to its technology base with the acquisition of Main Street Hub, and also in the SMB side, but in Australia, Dreamscape acquired Quadra Hosting. And over in Europe, Claranet added more technology and resources as it looks to continue building in the Dutch market and Deloitte acquired more technology to support its cloud consulting and management capabilities. Unitas Global continues to grow in the managed enterprise cloud market and raised $10m to support its continued platform development.
There was also more expansion activity on a global scale. In Asia, AWS opened a third availability zone in Singapore and NTT expanded its Malaysia-based data centre. Meanwhile, T5 opened a data centre in Ireland and back in the US, Colovore began a 2 MW expansion in Santa Clara.
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