CDN, M&A, MSP, AI data centres, company formation, APAC, expansions, BTS
It was a busy week that saw strategic activity, data centre colocation wins in the AI space and more expansion activity.
The sector continues to realign and the activity of late has shifted to the CDN space. Akamai recently acquired the CDN contacts of StackPath and this past week consolidated the Lumen CDN assets. There could be more to come as Akamai looks to take advantage of its scale, while other operators of CDNs look to re-purpose the underlying infrastructure for growth areas. Meanwhile, Syntax acquired a SAP shop in Montreal, Colohouse consolidated its previous acquisition of Turnkey Internet and Vantage Data Centers raised another $1.35b in securitized notes.
AI demand is hard to miss and it is starting to materialize into data centre colocation contracts. Flexential is the latest to win AI business and confirmed that it will host CoreWeave in two of its locations. AI has been the impetus behind the formation of new GPU-oriented cloud providers like CoreWeave, but has also created opportunities for new data centre operating platforms. One of the latest is 5C Data Centers with a new project in the works in the Dallas-Forth Worth area. In other developments around AI, Cyxtera opened a new incubation environment in the UK.
The demand for infrastructure continues to drive expansion activity. STT GDC opened a third facility in Bangkok and is expanding in Manila, CDC Data Centres is accelerating work across the ANZ region, PDG completed an expansion in Jakarta, while DataBank is expanding in Dallas. The value chain around hyperscale and wholesale data centres continues to evolve and providers like PowerHouse Data Centers are creating a value proposition around long-range planning and procurement of land and power. PowerHouse recently secured CyrusOne as a major tenant in its Ashburn facility and confirmed a new project in Sterling, VA. This will be another major data centre campus that sits on the old AOL HQ.
On the cloud and managed infrastructure side, product development continues. DigitalOcean rolled out a new PaaS offering, GoDaddy added migrations tools to its WordPress portfolio and Arcserve and Wasabi partnered for cloud storage and backup.
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