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telecommunications
CyrusOne acquisition completed
The acquisition of a data center operator CyrusOne by telecommunications provider Cincinnati Bell is now complete. Cincinnati Bell paid $525 million in cash for CyrusOne which provides colocation services to companies and some of their customers that include Fortune 500 companies. The total square feet of Cincinnati Bell’s data centers now total 620,000.
Qwest pushes integrated video, email and voice on mobiles
Qwest has launched a new unified communications service called iQ Hosted Unified Communications, which integrates video, email, and voice services, and makes them available on mobile phones, computers and land-line phones. According to the press release, the service is now available to more than 70,000 faculty, students, and staff across four campuses.
TWIH: Executive namings, record growth and Intel’s take on the cloud
With constant news streaming from the industry’s largest get-together at WebHostingDay 2010 in Germany this week, some of the more direct stories coming from the web hosting industry have slipped through the cracks. Take a look at the week in review with new executive namings and continued growth from the industry’s leading players – along […]
Infosys opens Aussie data center, hires 100 employees
An Indian IT service provider Infosys Technologies has opened a data center in Australia. Last year the company signed a $450 million contract with Telstra, an Australian telecommunications firm, for which the new DC was built. Infosys Technologies expects 100 people to work at the data center, 90 of whom were already hired.
Internet Ireland gets a new owner
Internet Ireland has been sold by Independent News & Media to Digiweb. Internet Ireland is a company with a 15-year history, providing hosting and telecom solutions, such as managed email solutions and colocation. The staff of the acquired company is said to relocate to Digiweb’s offices in Dublin and its current customers can now access […]
Strato web hosting company finally sells for $409M
Deutsche Telekom has announced its plans to acquire a European-based web hosting provider Strato for a total of $409 million. Strato has customers in six European countries and it is one of the largest web hosting companies in the continent. The current owner of Strato is Freenet and it has been looking for potential buyers […]
ZayoGroup acquires FiverNet Telecom for $87.8 million
Zayo Group will buy FiberNet Telecom for $87.8 million in cash, unless the 10-year old telecommunications provider receives a superior proposal by June 17. The transaction, however, is yet to be approved by the stockholders of FiberNet.
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