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.
UbiStor | July 21, 2022
UbiStor, a globally-recognized Chicagoland-based Managed Services Provider, has announced its infrastructure partnership with Scale Computing. Scale Computing would be the newest provider to join UbiStor’s arsenal of Managed Backup and Disaster Recovery Solutions.
Founded in 2001, UbiStor’s team of engineers have spent over two decades in the industry, specializing in Backup and Disaster Recovery as a Service. As data and threats to that data have become more complex, there has been an increasing need for expert MSPs familiar with integrating a variety of solutions depending on their customer’s environment, acting as a main point of contact during routine testing or in the event of disaster. UbiStor specializes in creating Backup and Disaster Recovery Roadmaps for customers with the ability to scale as they grow and weave new solutions into their evolving environment – all backed by their team of expert engineers on an ongoing basis.
In 2021, UbiStor’s Managed SafeStor solution powered by Acronis quickly became one of their most-utilized services, but there was a clear desire from customers for an on-premises appliance with continuity across both platforms. The integration of the Acronis Cyber Protect Cloud and Scale Computing's Business Resilience System (BRS) Appliance gives UbiStor’s customers the agility of a hybrid cloud data protection service with the flexibility of instant local virtualization and recovery using the BRS hardware platform, completely changing how UbiStor brings Acronis services to the market.
“The addition of Scale Computing to our Backup and DR-as-a-Service offerings enhances our ability to help customers meet their local restore and recoverability requirements, while still being able to leverage the advanced capabilities of the Acronis Cyber Protect Cloud.”
Dan Hill, CEO, UbiStor
About Scale Computing
Scale Computing is a leader in edge computing, virtualization, and hyperconverged solutions. Using patented HyperCore™ technology, Scale Computing Platform automatically identifies, mitigates, and corrects infrastructure problems in real-time, enabling applications to achieve maximum uptime, even when local IT resources and staff are scarce. Edge Computing is the fastest growing area of IT infrastructure, and industry analysts have named Scale Computing an outperformer and leader in the space, including being named the #1 edge computing vendor by CRN. Scale Computing’s products are sold by thousands of value-added resellers, integrators, and service providers worldwide. When ease-of-use, high availability, and TCO matter, Scale Computing Platform is the ideal infrastructure platform.
Zeeve | June 30, 2022
Leo Capital and Blu Ventures contributed $2.65 million to the seed round of Zeeve, an enterprise-grade no-code platform for automating blockchain infrastructure. The money obtained from this round will be utilized to strengthen product development, expand the technical team, and broaden the company's appeal to DApp developers and multinational organizations.
Using its no-code platform, Zeeve makes it simple to install Blockchain nodes and Decentralized Apps on enterprise-grade infrastructure. The stakeholders may manage their nodes and networks with powerful analytics and real-time notifications, and nodes can be deployed in a matter of minutes. The majority of the important permissioned blockchain protocols, such as Hyperledger Fabric, R3 Corda, Fluree, and Hyperledger Sawtooth, as well as public blockchain protocols, such as Bitcoin, Ethereum, Polygon, Binance Smart Chain, Tron, Avalanche, and Fantom, are supported by Zeeve's solution.
Zeeve was established in 2021 by Dr. Ravi Chamria, a serial entrepreneur, tech evangelist, and co-founders Ghan Vashistha and Sankalp Sharma. Zeeve has since become a leader in the development of simple-to-deploy web3 infrastructure, with the trust of more than 10,000 developers, Blockchain startups, and businesses.
"The Internet has come a long way - from the simple web pages of web1.0 to the decentralized web3.0. Lots of exciting innovations have happened in the web3.0 space like DeFi, NFTs, Decentralized Insurance, Prediction Markets, etc. We should expect to see a lot more innovation over the next five years, revolutionizing how we use the internet. With further advancements in blockchain technology, we may soon see web3 utilized for everything from online commerce to voting and governance."
Dr. Ravi Chamria, CEO, Zeeve
Web3 is reportedly being hailed as the internet of the future by Harvard Business Review. Web3 has the power to increase everyone's access to the internet. More quickly than in previous web iterations, Web3 infrastructure may be used by new enterprises to create communities around their brands and product concepts. By linking to content networks powered by blockchain technology and granting users some level of data governance, even currently operating platforms may use such prospects. All of this suggests that the web will appear very different — and far more open — than it does right now in the future.
"In this new era of the internet, companies like Zeeve play a pivotal part in making it easy for enterprises and Blockchain startups to deploy blockchain nodes and consume APIs to connect with Blockchains. Zeeve's offering helps DevOps teams ease their operational, security, and performance challenges while deploying and managing Blockchain nodes and networks," says Tarun Upaday, Partner, Blu Ventures.