Strategic, wholesale colocation, APAC and earnings
Public holidays towards the end of May in the UK, US and Canada caused things to slow a bit across the sector.
There were still developments of note. On the strategic side, Reliam acquired another AWS shop as it looks to expand its managed third party cloud practice. Meanwhile, on the data centre side, DC BLOX raised nearly $40m as it aims to build a regional data centre platform in the southeastern US.
The colocation market continues to push forward and wholesale continues to be a significant growth driver. There has been so much demand that providers have pivoted away and focused exclusively on wholesale colocation. But in some ways, this has opened up a middle ground between the retail and wholesale worlds, and this past week Flexential extended its portfolio to push into what could be an interesting market opening.
There was also activity of note in APAC. GDS acquired a new data centre development in China and a Shanghai-based developer will be building several hyperscale data centres for Alibaba.
We continue to work through earnings reports and this past week we took a closer look at the results coming from CyrusOne, QTS, Digital Realty and TeraGo Networks.
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