365 Data Centers | August 03, 2022
365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, has entered into an Asset Purchase Agreement to acquire Sungard’s U.S. colocation and network business.
365 is acquiring the international colocation brand’s data center facilities and customers in 8 strategic edge markets along with its U.S. network infrastructure, routes, and customers. The transaction will complement 365’s existing data center presence in Boca Raton, Bridgewater (NJ), Buffalo, Chicago, Commack (NY), Detroit, Fort Lauderdale, Herndon (VA), Nashville, Philadelphia, New York City, and Tampa, and its interconnected, resilient, low latency, nationwide fiber network.
Once this acquisition is closed and integrated, 365 will feature:
20 interconnected network-centric Data Centers
1,000,000 data center square feet which includes ample expansion space
53 MW of available power
105 Carriers across the platform with about 300 Carrier Points-of-Presence (PoPs)
90 additional network PoPs outside the 20 Data Centers
Direct on-ramps from each Data Center to the public clouds
Cloud storage, cloud compute, BaaS, DRaaS, and business continuity offerings
1,700 carrier, content, and enterprise customers
“This acquisition demonstrates 365 Data Centers’ adherence to its network-centric colocation growth strategy. “We have already successfully doubled our business two times since inception in 2017 by acquiring, financing, integrating, and growing quality assets. We look forward to doing the same with the addition of the Sungard colocation and network portfolio, which will further enable us to provide quality services, grow our customer base, and deliver exceptional financial performance, all of which benefits our customers, employees, and investors.”
Bob DeSantis, 365 Data Centers CEO
Sungard employees associated with the acquired business are expected to continue to serve existing customers and will be complemented by the 365 technical team. Added DeSantis, “We look forward to having Sungard professionals join 365 and wowing our entire customer base with the combined talents of over 200 dedicated employees.”
Funding for the transaction has already been secured from 365’s existing equity owners, including Stonecourt Capital which invests capital from some of the world’s largest family offices, institutions and sovereign wealth funds, and the Company’s bank syndicate, which represents the premier lenders to the data center industry.
The deal is expected to close during the next three months. This transaction further solidifies 365’s position as one of the largest privately held IaaS providers operating in the Eastern United States with direct network connectivity to owned facilities in key western markets to serve customers with those geographic requirements.
About 365 Data Centers: 365 Data Centers is a leading provider of hybrid Data Center solutions in 12 strategic, primarily edge, markets. Along with network-centric Data Centers in Boca Raton, Bridgewater (NJ), Buffalo, Chicago, Commack (NY), Detroit, Fort Lauderdale, Herndon (VA), Nashville, Philadelphia, New York City, and Tampa, the company operates an interconnected, resilient, low latency, nationwide fiber network. 365 serves more than 1,300 customers.
365’s robust, carrier-neutral ecosystem and secure, reliable edge colocation, network, IP, DRaaS, BaaS, cloud compute and storage, and business continuity services help organizations reduce costs, drive innovation, and improve their customer experience. 365 Data Centers supports mission-critical application infrastructure by providing industry leading Service Level Agreement protections and adhering to industry standards such as HIPAA, PCI DSS, SOC 1 Type 2, SOC 2 Type 2, SSAE 18, and ISAE 3402. 365 Data Centers’ corporate office is headquartered in Norwalk, Connecticut.
IT SYSTEMS MANAGEMENT
Senet, Inc. | July 21, 2022
Senet, Inc., a leading provider of cloud-based software and services platforms that enable global connectivity and on-demand network build-outs for the Internet of Things (IoT) and Iota Communications, Inc. (“IotaComm”) a low power, wide area network (LPWAN) wireless communication and data analytics software company, today announced a partnership to deliver LoRaWAN® through both 915 MHz unlicensed spectrum and through IotaComm’s unique 800 MHz FCC-licensed spectrum network connectivity. The initial use cases will be focused on Smart Building, Smart City, and Critical Infrastructure applications. With this collaboration, and in addition to its use of the Senet platform for application and device management, IotaComm has also become a Senet Radio Access Network (RAN) operator and Senet LPWAN Virtual Network (LVN™) participant, adding coverage to one of the fastest growing LoRaWAN network in North America.
Through a combination of sensors, meters, and its Delphi360™ wireless connectivity and data analytics platform, IotaComm provides an end-to-end smart building and smart city solution used by building managers, industrial site managers, and city planners to better manage the health, safety, and sustainability goals of their organizations and facilities. In addition, IotaComm uniquely combines its FCC-licensed spectrum within the LoRaWAN standard to enable carrier-grade, low power wide area connectivity for critical infrastructure applications, such as smart metering and predictive maintenance.
To support growing customer demand for power efficient, battery operated indoor and outdoor smart building sensors, IotaComm operates more than 140 tower sites nationwide and plans to deploy 150 LoRaWAN gateways by 2023. For customers preferring added levels of network and application performance, Senet and IotaComm are collaborating to create a new LoRaWAN service using the 800 MHz licensed spectrum. IotaComm already owns enough 800 MHz spectrum to cover about 90 percent of the US and plans to deploy multi-access gateways to deliver a premium smart building connectivity offering. IotaComm will use Senet’s cloud-based platform to manage both its public LoRaWAN network and private on-premises networks and application deployments using the 800 MHz FCC-licensed spectrum.
“We’re honored to be working alongside of Senet in the quest to provide the wireless connectivity efficiency and flexibility that industries are requiring. “This partnership fully supports our goals of building the largest national, carrier-grade LPWAN dedicated to the IoT. Together with Senet’s network architecture expertise, we’ll deliver real-time data that results in high-value and actionable insights while filling an existing connectivity gap.”
Terrence DeFranco, CEO, President of IotaComm
By opening their LoRaWAN gateways to data traffic from all solution providers connecting to the Senet Low Power Wide Area Virtual Network (LVN), IotaComm is contributing to the rapid expansion of public carrier-grade LoRaWAN networks across the US, and generating new IoT services revenue streams. Unique to the Senet LVN are innovative business models designed to deliver unified LoRaWAN connectivity without the need for roaming contracts and the opportunity for participants, like IotaComm, to share in the revenue generated by all end devices connecting to the gateways they’ve deployed regardless of end customer origin.
“Innovation has always been at Senet’s core and our partnership with Iota Communications is another example of Senet leading the market through innovative technology and unique business models that allow users to improve operations and address sustainability goals,” said Bruce Chatterley, CEO at Senet. “Iota Communications brings significant value and differentiation to our portfolio of RAN Provider and LVN partners, and we look forward to collaborating to deliver groundbreaking network solutions to the commercial building energy management and facility operation markets.”
About Senet, Inc.
Senet develops cloud-based software and services used by Network Operators, Application Developers, and System Integrators for the on-demand deployment of Internet of Things (IoT) networks. In addition to industrial and commercial applications, Senet has designed smart meter networks for many municipal water utility districts across the United States, representing millions of households. With a multi-year head start over competing Low Power Wide Area Network technologies, Senet offers services in over eighty countries and owns and operates one of the largest publicly available LoRaWAN® networks in the United States. Our disruptive go-to-market models and critical technical advantages have helped us become a leading connectivity provider with recognized expertise in building and operating global IoT networks.
About Iota Communications, Inc.
Iota Communications, Inc. or IotaComm™ is a low power, wide area network wireless communications and data analytics company that provides Internet of Things (“IoT”) solutions that enable health, safety, and sustainability initiatives. Leveraging LoRaWAN® standard connectivity through both 915 MHz unlicensed spectrum and unique 800 MHz FCC-licensed spectrum, IotaComm provides gateways and sensors to gather data related to indoor air quality, resource consumption, water quality, asset monitoring, and other critical data across multiple verticals, including commercial real estate, municipal, education, health care, and manufacturing. The data analytics services are used to provide insights that enable a safe and healthy environment, higher productivity and efficiency, and cost-savings. IotaComm also offers related services which facilitate the adoption of its subscription-based services, such as customization and advanced data analytics.
SatixFy Communications Ltd | July 11, 2022
SatixFy Communications Ltd. (“SatixFy”), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced its critical role in enabling the first ever demonstration of a high-speed, low-latency link with a LEO satellite constellation incorporating 5G (video available here). SatixFy has partnered with OneWeb under the ESA Sunrise Partnership Project, with support from the UK Space Agency, to develop a compact electronically steered multi-beam array suitable for mobility services over both LEO and GEO satellites simultaneously. The terminal can also be integrated into 5G equipment to allow end-to-end access to a LEO constellation network via a 5G signal.
On June 28, 2022, a demonstration at the ESA/ECSAT facilities in Harwell achieved the world’s first ever 5G backhaul communications connected to a LEO satellite constellation, using a compact electronic antenna powered by SatixFy to connect to a LEO satellite constellation operated by OneWeb. The demonstration involved a super compact satellite terminal mounted on a car. The user terminal antenna performed several satellite and beam handovers, along with frequency hopping over the OneWeb LEO network at 1,200 km, while maintaining a simultaneous and continuous link with a GEO satellite at an altitude of 36,000 Km. Live 4K UHDTV video and audio streaming took place from the GEO satellite.
The new super compact user terminal will undergo further testing to unlock its full capabilities with LEO and GEO links for mobility services. Once testing and certification is completed, the user terminal will be optimized for different mobility use cases, including IFC, with a goal of providing an effective system for OneWeb commercial services for any moving platform on land, sea and air.
“I’m proud of this important milestone achieved by the whole SatixFy team, who cooperated together with our partners from OneWeb and CGI, with great support from the UK Space Agency and ESA. This test further validates our products addressing two of our major target markets: electronically-steered multibeam user terminals for mobility and the use of our terminals to address the large space-enabled 5G market. It has been a pleasure to work with OneWeb to demonstrate this unique capability.”
Simona Gat, SatixFy UK CEO
Massimiliano Ladovaz, CTO at OneWeb said, “At OneWeb, our approach to delivering connectivity is through collaboration with world-class industry partners who share our vision of a truly connected world. We’re therefore delighted to partner with SatixFy on this UK and European Space Agency funded research program. We are working together to connect those hardest to reach with new Space-based LEO connectivity. The ground-breaking SatixFy electronically steered array antenna technology will, once in commercial production, enable mobility customers such as airlines, train operators, and coach companies to leverage the power not only of the OneWeb LEO network, but also terrestrial 5G and legacy GEO satellite networks. A hybrid, multi-beam, multi constellation solution that ensures that passengers remain connected no matter where they are – be it mid-air, mid-ocean or in the most remote corners of the world.”
Elodie Viau, ESA Telecom Director said, “This test is the first of its kind, and is a real team collaboration by ESA, OneWeb, and SatixFy UK. It connected the ESA 5G/6G Hub at the ESA/ECSAT Harwell site through OneWeb satellites, using the super flat and advanced antenna made by SatixFy UK for mobility services. Through the Sunrise Partnership Project we aim to show that 5G high quality and speed connectivity is now a reality, to the benefit of everybody, everyday and everywhere.”
Dr. Paul Brate, Chief Executive of the UK Space Agency, said “This is a world first which demonstrates the vital role that space can play in improving connectivity. SatixFy’s antenna technology, developed with UK Space Agency support, is advancing satellite communications, enabling new markets in collaboration with companies like OneWeb. The results of this trial will help transform how satellite and terrestrial networks interact, accelerating the development of technologies such as connected vehicles and autonomous cars. It is a great example of why we’re supporting ESA’s state-of-the-art 5G/6G hub in Harwell, which will create new commercial opportunities and catalyze investment into the UK’s thriving space sector.”
On March 8, 2022, SatixFy announced that it had entered into a definitive business combination agreement with Endurance Acquisition Corp. (NASDAQ: EDNC), a publicly-traded special purpose acquisition company (SPAC) formed by an affiliate of Antarctica Capital, an international private equity firm. Upon closing of the transaction, SatixFy’s shares are expected to trade on the Nasdaq stock exchange under the ticker symbol “SATX.”
SatixFy develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house.
SatixFy’s products include modems that feature Software Defined Radio (SDR) and Fully Electronically Steered Multi Beam Antennas (ESMA) that support the advanced communications standard DVB-S2X. SatixFy’s innovative ASICs and RFICs improve the overall performance of satellite communications systems, reduce the weight and power requirements of terminals and payloads, and save real estate for gateway equipment. SatixFy’s advanced VSATs and multi-beam fully electronically steered antenna arrays are optimized for a variety of mobile applications and services, using LEO, MEO and GEO satellite communications systems, for aero/in-flight connectivity systems, communications-on-the-move applications, satellite-enabled Internet-of-Things, machine-to-machine devices, and consumer user terminals.
About Endurance Acquisition Corp.
Endurance Acquisition Corp. (“Endurance”) is a special purpose acquisition company formed by an affiliate of Antarctica Capital, an international private equity firm, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Endurance was founded on April 23, 2021 and is headquartered in New York, NY.