M&A, Canada, hyperscale, AWS
It was another busy week as strategic developments again topped the headlines.
For the second consecutive week, strategic activity centred around Canada. Last week,Digital Colony acquired the Cogeco Peer1 infrastructure services assets and just this past week, Cologix acquired Metro Optic in Montréal. This is also the second acquisition for Cologix in Canada in the last few months. Late last year, it acquired COLO-D. That was one of two deals in Montréal as Vantage picked up 4Degrees in December as well.
The activity in Canada, like elsewhere, is being driven by hyperscale cloud: not just the underlying infrastructure to support it, but the connectivity and on-ramps needed to access it. These elements were all in play in these four transactions.
There were other hyperscale developments of note. Google Cloud rolled out a new on-premise version of its cloud, while Azure scored another retail win for Azure. Google continues to pick up momentum. In recent weeks, a number of MSPs and consulting shopshave added support for Google’s cloud, while service providers continue to see Google as a viable option for building a hosted services business.
AWS, of course, remained at the forefront of things. The recent Lyft filing revealed just how much infrastructure it needs to run its ride sharing service and there continue to be AWS wins that are managed by third party service providers like Mission.
Earnings season is still going and this past week we looked at QTS. On the private company side, Node4 and Maven Wave shared some useful data points. Finally, there was meaningful activity in APAC. Digital Realty’s joint venture with Mitsubishi acquired land in Inzai, Tokyo and Global Switch brought online its second Singapore data centre with a larger anchor tenant.
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