Hyper-Converged Infrastructure, Windows Systems and Network
businesswire | July 17, 2023
StratCap announce today that in Q2 2023 the Company acquired nearly $90 million of essential digital infrastructure assets including 13 cell towers and a data center.
The 13 cell tower acquisitions included both individual and portfolio transactions with towers located throughout Missouri, Wisconsin, Florida, Tennessee, and New York. Primary tenants on the towers include the three major broadband carriers, AT&T, Verizon and T-Mobile, as well as Dish, Wisconsin Electric Power Company, Wisconsin Power & Light, and an AT&T affiliate that supports AT&T’s First Net Network, which is dedicated to first responders (police, fire, rescue, etc.). Todd Rowley, head of StratCap’s Wireless Infrastructure Platform stated, “The ongoing deployment of 5G networks and continuous increases in mobile data usage are catalyzing both growth and investor appetite in what we believe is a very resilient sector.”
The Company also acquired a 127,000 square foot data center in Toronto, Canada. The facility boasts two premier credit-rated tenants, ready access to rich fiber connectivity and 10MVA of installed critical capacity, with plans to increase to 27MVA. The acquisition was part of an institutional joint venture wherein StratCap took a minority stake in the property, yet led the acquisition process and will continue to manage the overall facility. Bryan Marsh, head of StratCap's Global Data Center Platform commented, "This is a mission critical facility that plays a vital role in the digital economy. We are excited to align ourselves with a valued institutional partner to participate in such a dynamic asset with in-place rental income, exceptional tenants, and a value-add growth opportunity though potential expansion."
StratCap remains bullish on digital infrastructure given demand drivers like the increasing number of connected devices, growing mobile data usage, the essential role of connectivity in our lives, and new technologies like 5G, autonomous cars, artificial intelligence, and more. Jim Condon, Managing Partner of StratCap, stated, “Digital transformation is moving deeper into all aspects of the global economy and our personal lives. Digital infrastructure assets like cell towers, data centers, fiber networks, and the like, play a mission critical role in making it all work, as well as creating a solid, scalable foundation for the future.”
StratCap is a privately held, global investment management platform committed to providing access to dynamic asset classes and highly experienced investment professionals. The company is focused on a wide range of digital economy assets with an emphasis on digital infrastructure, sustainability, and technology-centric sectors. StratCap Wireless is an affiliate company focused on acquiring, developing, and managing a variety of telecommunications infrastructure assets that support mobile communications, internet connectivity and data storage.
Application Infrastructure, Data Storage
Business Wire | August 28, 2023
CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced Aqua Comms, a leading provider of global subsea connectivity services, has activated its Amitié (AEC-3) transatlantic subsea cable system leveraging native colocation and connectivity services at the CoreSite Boston data center campus (BO1). AEC-3 is the first modern subsea cable system to directly connect Boston to Europe. CoreSite’s BO1 facility, which is strategically located in Boston’s central business district, serves as an integral part of the IT infrastructure that powers AEC-3 to deliver reliable, low-latency, diverse capacity and the latest technology to Aqua Comm customers.
AEC-3 is the third high-capacity system added to Aqua Comms’ transatlantic footprint and offers enhanced diversity in both the United States and Europe. CoreSite’s Boston location is a keycomponent in the trans-Atlantic system with landings in Lynn, Massachusetts and Widemouth Bay, England. The design of the system brings all users additional connectivity options in the United States and the United Kingdom. Built by Alcatel Submarine Network, the 6,783 km (4,215 miles) trans-Atlantic system has 16 fiber pairs and 400 Tbps current design capacity.
As one of the most interconnected buildings in New England, CoreSite’s BO1 data center provides Aqua Comms access to leading network, cloud and IT providers. Aqua Comm’s deployment in BO1 includes a secure colocation environment as well as diverse connectivity options through the robust CoreSite ecosystem. The CoreSite Boston facility offers Aqua Comms 100% SLA uptime, options to grow its data center footprint and the power capabilities needed for the effective operation of the trans-Atlantic system.
“CoreSite values our partnership with Aqua Comms and the critical role our IT infrastructure plays in helping their organization deliver global subsea connectivity services as well as improving transmission capacity in North America and Europe,” said Juan Font, President and CEO of CoreSite and SVP of U.S. Tower. “As demand for reliable, diverse and secure connectivity continues to rise, purpose-built data centers like CoreSite’s Boston facility will serve as the central digital platform where cloud and network providers along with enterprises meet to conduct business and provide optimal customer solutions.”
Now that AEC-3 is live, Boston has a direct connection all the way to London. AEC-3 also enables Aqua Comms to deliver improved reliability in terms of protected capacity on multiple diverse routes.
CoreSite, an American Tower company (NYSE: AMT), provides hybrid IT solutions that empower enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business. Our highly interconnected data center campuses offer a native digital supply chain featuring direct cloud onramps to enable our customers to build customized hybrid IT infrastructure and accelerate digital transformation. For more than 20 years, CoreSite’s team of technical experts has partnered with customers to optimize operations, elevate customer experience, dynamically scale, and leverage data to gain competitive edge.
Application Storage, Data Storage
Globenewswire | July 07, 2023
PingCAP announced the introduction of TiDB Serverless, its newest offering of TiDB, the company’s open-source, distributed SQL database. As a fully-managed, autonomous database-as-a-service (DBaaS), TiDB Serverless delivers reliable scalability for developers who want to free themselves from manual database tasks, such as sharding. TiDB Serverless offers key advancements to PingCAP’s leading database architecture and provides developers with time-saving features, including
Auto Elasticity - TiDB Serverless automatically scales hundreds of nodes up and down to meet critical workloads in real-time. It enables separate scaling for storage and compute, allowing autonomous scalability of nodes without manual sharding—so development teams can focus on what’s next. TiDB Serveless maintains the ACID properties of data transactions.
Fully-Managed Operations - With built-in auto failover and self-healing to ensure continuous operations, multiple availability zones (Zs) are used to duplicate data, increasing overall resilience and prevention of failures. TiDB Serverless performs daily data backups, increasing safety measures and facilitating data recovery if necessary. TiDB Serverless also ensures auto-failover, minimizing downtime and guaranteeing business continuity.
Usage-Based Pricing - Lower overall infrastructure costs by only paying for the data processing and storage you use. TiDB Serverless eliminates the need for manual intervention by abstracting the underlying infrastructure and automatically adjusts to changing workloads. TiDB Serverless guarantees that developers only pay for the resources they actually need.
AI-Assisted Enhancements - New features such as Chat2Query, powered by OpenAI’s ChatGPT3, allow developers to generate SQL queries on the fly, increasing overall developer productivity. The service provides real-time insights into dynamic datasets, allowing developers to analyze and explore more data at a faster rate. The service ensures developers make smarter business decisions by providing timely and relevant information.
"Enter a new era of seamless scalability with our revolutionary TiDB Serverless," stated Max Liu, CEO of PingCAP. "This innovative product represents a significant milestone for PingCAP, offering developers exceptional flexibility and scalability. TiDB Serverless will drive growth and empower organizations to achieve significant improvements in database management. We are excited for developers to explore its endless opportunities while benefiting from unmatched efficiency."
For the first 5 clusters in an organization, TiDB Serverless will provide free usage up to 5GB of row storage, 5GB of column storage, and 50 million Request Units (RUs). Please review TiDB Serverless Pricing Details for an in-depth pricing breakdown.
Thought leaders from PingCAP will discuss key advancements to TiDB in a TiDB Serverless launch webinar on Monday, July 10, at 10 a.m. PT. To register for the webinar, please sign up here.
PingCAP is the company behind TiDB, the most advanced, open source, distributed SQL database. TiDB powers modern applications with a streamlined tech stack, elastic scaling, real-time analytics, and continuous access to data—all in a single database. With these advanced capabilities, growing businesses can focus on the future instead of complex data infrastructure management. Some of the world’s largest companies across technology, financial services, travel, Web3, and gaming trust TiDB to handle their business-critical workloads.