M&A, all-in bets, interconnection, SMB, earnings
There was yet more activity in the M&A arena. The highest profile transaction saw Iron Mountain add continental Europe to its expanding portfolio with the purchase of Netherlands-based EvoSwitch for $235m. In other transactions, Green House acquired Microsoft-focused consulting shop Infront Consulting Group and DC BLOX, fresh off a new raise, acquired Infrapoint. We also had a chance to get more details about StackPath’s recent acquisition of Server Density.
The move to cloud continues and this past week we came across another all-in bet. Yelp completed its move to AWS in a process that took many years. Hybrid and interconnection were an important factor in how this played out. Needles to say, interconnection uptake remains on the rise. Positive growth is seen in the numbers from listed companies and services and connection points continue to expand as we saw recently in developments from Equinix and PacketFabric.
Cloud builds continue to be a driving force behind global data centre expansions. In recent weeks, we have seen expansion activity from Ascenty in Brasil and STT in India.
Finally, on the SMB side of things, Ingram Micro refined its new service delivery platform CloudBlue and Squarespace integrated Google’s search engine into its platform.
We continue to work through earnings reports and looked at GDS, Wix and Web.com this past week.
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