M&A, divestments, Canada, cryptocurrency, MSP data points, expansions

  • January 24, 2022
  • Analyst: Philbert Shih

The week saw more M&A and strategic activity, while a number of private companies shared data points on their progress in 2021 in place of detailed financials.

Telco divestments continue to happen and the latest transaction saw Toronto-based TeraGo sell off its data centre and managed infrastructure business to cryptocurrency firm Hut 8. Deals also continue to orient around long-term strategic directions. CyrusOne sold its Houston data centre footprint to DataBank as it focuses in on hyperscale and DataBank zeroes in on interconnection and edge locations. Meanwhile, on the MSP and cloud side, Thrive acquired InCare TechnologiesZenlayer completed its Series C round and activist investor Starboard Value acquired a stake in GoDaddy.

Earnings season is approaching, but the start of the new year always sees private companies put out data points on the previous year’s progress. MSP Pythian and healthcare infrastructure provider CloudWave shared interesting statistics that point to continued progress.

Infrastructure continues to expand on a global basis, especially around interconnection-oriented locations. Equinix is building PA10 in ParisSpencer Building kicked off its build and shared a timelineTelehouse is building around networks in Thailand, while 1547 is expanding capacity at a number of its carrier hotel locations. On the edge side, AWS added three more US Local Zones nodes as it gets ready to take its edge footprint global and CoreSite partnered up with Zenlayer.