Earnings, outages, cloud and builds
Activity across the sector was steady as earnings season continued. The biggest development of the past week was Amazon’s S3 outage, which took down widely used applications and websites.
Amazon’s outage once again underscored the importance of building for redundancy as many sites did not have backups. Most important for service providers, this is an area where they can be involved and add value. AWS came out with its post-mortem at the end of the week and identified human error as the cause (details to come).
On the earnings side, we took a look at more results. They included Canada’s TeraGo, along with QTS and CoreSite.
On the private company side, we are tracking more growth stories. We had a chance to catch up with an under-the-radar provider – Opus Interactive – and Secure-24 recently shared some data points about its progress.
Moving to the strategic side, there were capital raises and a number of acquisitions in the data centre market. Global Switch closed a new revolving credit facility and Internap raised $43m in a private placement. The transactions we traced came out of Europe with Interxion acquiring a data centre in Amsterdam and Equinix buying one of its colocation customers in Zurich. Equinix also acquired land in Ashburn for future greenfield builds. Back on the hosting side, in Asia-pacific, Exabytes completed another acquisition as it looks to continue rolling up smaller shared hosting providers in its backyard.
There was also plenty of data centre expansion activity. Interxion confirmed three new builds in Europe, Macquarie in Australia completed its Canberra expansion, H5 added power in Atlanta and Peak 10 completed expansions in Charlotte and Cincinnati.
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