An initial public offering has been filed by colocation and network services provider Telx Group. The IPO, which is underwritten by Goldman Sachs and Deutsche Bank, is intended to raise a maximum of $100 million. The company will list itself on the Nasdaq under TELX. Switch & Data and SoftLayer are one of many Telx […]
Pacific Crossing Limited and NTT Communications have completed a deal, which gives NTT complete control of a submarine cable that offers low latency between the United States and Japan. It also means that it can offer enterprise and carrier market customers the highest quality network services in some regions including the U.S. and Asia.
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