Hyperscale, M&A, edge, MSP, cloud, security, global expansions
It was another busy week across the sector, with significant activity in edge, managed third party cloud and hyperscale, along with more M&A.
DataBank expanded its footprint out to edge locations with the recent acquisition of Zayo’s zColo assets. It followed this up with a strategic investment in micro data centre vendor EdgePresence. EdgePresence has been helping service providers build edge data centres in non-traditional locations and DataBank is looking to potentially use this expertise within its existing portfolio and through partnerships within its ecosystem.
Another edge data centre provider we have tracked is PodTech and it was acquired by Iris Energy earlier this year and re-branded under a new data centre practice. Elsewhere in edge, we saw Microsoft roll out new edge computing devices.
Hyperscale, unsurprisingly, shows no signs of slowing down. Oracle Cloud launched new government regions in the UK, Microsoft confirmed plans to build cloud infrastructure in Vienna, Austria and expand in Brazil, and Google signed upmore customers. Google also banked land in London for possible future builds.
MSPs continues to build on top of public clouds. Logicworks moved a customer to Azure, Rackspace shared some data points about where it is trending in managed third party cloud uptake and ClearScale expanded its managed AWS portfolio. MSPs continue to consume security and backup services to augment their portfolios and Acronis is enabling this through third party software and an asset-light delivery model. It is expanding its data centre footprint on a global basis.
The M&A arena continues to be busy. In the past week, we saw Accenture acquire a SAP consultancy in ANZ, two Canadian companies – HostPapa and CanShield – closed transactions and Thrive Networks picked up a consultancy.
Earnings season is now underway and we take a closer look at the growth coming from interconnection provider Megaport and leasing activity from Keppel DC REIT. Some of the hyperscale clouds reported this week as well, with both AWS and Azure showing stability after some pandemic-driven growth deceleration in the last quarter.
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