APPLICATION INFRASTRUCTURE

DataBank Recapitalization Announced by DigitalBridge

DigitalBridge Group, Inc. | June 20, 2022

DataBank Recapitalization
DigitalBridge Group, Inc. announced the recapitalization of DataBank, a leading countrywide edge data center platform, which is part of its portfolio. The first stage of the recapitalization will consist of selling ownership shares to Swiss Life Asset Management AG and EDF Invest affiliates. In addition, SLAM and EDF will buy 27 percent of DataBank's fully diluted equity holdings for $1.2 billion in cash from existing investors under the terms of the transaction.

"Since we acquired DataBank in 2016, we have scaled its footprint, capacity and customer base in key metro areas across the United States, transforming DataBank from a business serving three markets with six facilities to the premier edge infrastructure platform serving twenty-seven markets across more than sixty-five facilities. The formation of this new permanent capital vehicle allows DigitalBridge shareholders to maintain significant exposure to the next phase of value creation at DataBank alongside our new co-investors while also freeing up significant capital at an attractive valuation to fuel additional digital M&A," said Marc Ganzi, CEO of DigitalBridge.

DataBank is the largest edge infrastructure operator in the United States, enabling the world's leading organizations, technology companies, and content providers to deploy and manage mission-critical applications and data on a nationwide platform. More than 65 data centers, 20 interconnection hubs in more than 27 markets, on-ramps to an ecosystem of cloud providers, and a modular edge data center architecture make up DataBank's portfolio.

"This recapitalization allows us to accelerate our expansion efforts and capture the substantial secular growth in edge computing. DataBank is strategically positioned as the leading platform to deliver and enable the network edge ecosystem as a shift from traditional centralized infrastructures continues to evolve to the edge," 

Raul Martynek, DataBank's CEO

DigitalBridge's ownership interests in DataBank will reduce to 15.5 percent upon completion of this initial phase of the recapitalization, and DigitalBridge will receive cash proceeds of $230 million, implying a pre-transaction net value of $906 million, inclusive of the retained net worth of $676 million, as announced in this release.

Before the recapitalization's scheduled completion in the fourth quarter of 2022, incremental new investors, including DigitalBridge, are expected to acquire ownership interests in DataBank from existing investors, including DigitalBridge. Various closing conditions, including regulatory approvals, will be imposed on the recapitalization transactions. A Current Report on Form 8-K filed by the Company with the US Securities and Exchange Commission contains more data about the recapitalization's principal provisions.

Swiss Life Asset Managers were advised by financial advisor DH Capital and legal advisor Vinson & Elkins LLP. Goldman Sachs served as a financial advisor, and Proskauer Rose LLP served as a legal advisor to DataBank. Wachtell, Lipton, Rosen & Katz served as legal counsel to DigitalBridge. In addition, DigitalBridge's Independent Transaction Committee of the Board of Directors hired PJT Partners as its exclusive financial advisor.

Spotlight

Eric Horschman, Product Marketing Director at VMware, provides an overview of why VMware is the clear choice for server virtualization and cloud infrastructure. Customers choose VMware because our platform is proven and trusted; we provide complete cloud solutions, including technology--such as the vCloud Suite--services, and prescriptive guidance; and we offer more choice in how you build and operate your cloud--VMware supports private, public, and hybrid clouds and offers your choice of vCloud service providers, the broadest choice of operating systesm, your choice of applications, and certified configurations from all major server and storage vendors.

Spotlight

Eric Horschman, Product Marketing Director at VMware, provides an overview of why VMware is the clear choice for server virtualization and cloud infrastructure. Customers choose VMware because our platform is proven and trusted; we provide complete cloud solutions, including technology--such as the vCloud Suite--services, and prescriptive guidance; and we offer more choice in how you build and operate your cloud--VMware supports private, public, and hybrid clouds and offers your choice of vCloud service providers, the broadest choice of operating systesm, your choice of applications, and certified configurations from all major server and storage vendors.

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HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE

SoftIron Introduces HyperCloud, a Turnkey, Fully-integrated Intelligent Cloud Fabric™

SoftIron | September 07, 2022

SoftIron, the leader in purpose-built and performance-optimised data centre solutions, today announces its newest flagship offering, HyperCloud, the world's first fully turnkey, totally integrated and supported, Intelligent Cloud Fabric™. Designed and manufactured from the ground up by SoftIron in its own factories, HyperCloud is a fully-integrated platform that removes the complexity of integrating the many independent hardware and software layers needed to build and run a unified private or hybrid cloud. Using pre-integrated building blocks, HyperCloud fully automates the provisioning of storage, compute, networking and infrastructure services, providing a fully functioning, multi-tenant cloud that can be deployed in as little as half a day and less than half a rack and scale almost infinitely. The goal of an intelligent cloud fabric is to dramatically reduce the complexity of operating a resilient, multi-site hybrid cloud by providing stateless building blocks holistically designed and pre-integrated for assimilation by a distributed cloud orchestration control plane. Using these building blocks - the addition of more storage and/or compute resources becomes simply "plug and play." The result radically simplifies the architecting of a cloud, enabling operations teams to quickly empower application owners and data users to consume and manage services seamlessly across private and public resources. Independent of all public cloud vendors, HyperCloud enables IT generalists to build and operate highly sophisticated hybrid and/or multi-cloud infrastructures that operate with a level of reliability, availability, elasticity and serviceability previously available only to hyperscale cloud builders with specialist skills and access to large engineering teams. HyperCloud's modular nature, combined with the simplicity with which new compute and storage resources can be added, and the out-of-the-box secure multi-tenancy capabilities mean that the cloud fabric can be scaled up or down just in time, eliminating needless over-provisioning and reducing financial outlay. "Building and running clouds today is overly complex as engineers battle to integrate disparate layers of technology into a resilient, performant and scalable solution," said Kenny Van Alstyne, CTO for SoftIron. "It was time to take a step back and architect an entire platform, from the ground up, with the single task of making cloud consumable. HyperCloud removes the complexity of integrating the many independent hardware and software layers needed to build a cloud into a unified purpose-built fabric. With HyperCloud, you can deploy virtualised and containerised workloads across federated on-premises zones and public clouds, with support for secure multi-tenancy, full programmability, and full lifecycle automation all 'out of the box.' We're giving organisations sophisticated control of their cloud architecture, eliminating the need for complex integrations between multiple vendors and technologies while providing the ability to scale limitlessly as workloads demand, incrementally adding resource services as needed." "Public Cloud is popular because it creates a consumption-based experience hiding the complexity of operating a resilient, elastic infrastructure, and the sheer brute force of engineering that is needed to accomplish it - historically, that's only been possible at hyperscale. "It's a useful utility in your IT tool belt, but most organisations today want a hybrid model. Creating a complexity breakthrough required a totally new approach to deliver the first and only complete technology to be used specifically for building clouds. After a decade of innovation, HyperCloud realises that goal and will forever change expectations of how clouds can and should be built." Phil Straw, CEO of SoftIron "In today's highly competitive infrastructure market, we believe the team at SoftIron is developing and delivering innovative solutions to solve cloud complexity across the stack," said Daniel Newman, Principal Analyst and CEO of Futurum Research. "Leveraging its trusted supply chain hardware model, coupled with its comprehensive consumption-based offerings, we see a robust long-term growth trajectory for SoftIron as it focuses on meeting the rapidly shifting demands of enterprise IT." "We see many of our larger customers embarking on data repatriation projects, tired of the unpredictable egress fees being charged resulting from hosting their apps and data in the public cloud," commented Dev Tyagi, CSMO at SoftIron+Co channel partner, Boston Limited. "We're excited by HyperCloud from SoftIron and its ability to make these hybrid clouds a reality in what promises to be a fraction of the time and with a fraction of the skills needed." HyperCloud is available immediately from SoftIron and its partners in the SoftIron + Co. channel program. It is delivered fully capable with no additional licensing required to access any features, compute or storage capacity. About SoftIron® SoftIron makes the products that underpin the next evolution of IT infrastructure. Our blueprint is radical. Taking full control over design and manufacture of platforms optimised to transform IT infrastructure, our highly integrated products reduce space and energy footprints while delivering extraordinary performance. Challenging traditional IT manufacturing and organisational strategy, we've developed a model that enables us to create a more resilient and connected business for the customers we serve. A commitment to openness, transparency, and simplicity helps address emerging multi-faceted threats while eliminating the vendor "lock-in" so common elsewhere.

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DATA STORAGE

Options Announces VMware Cloud Verified Status in Park Royal Data Center

Options | July 29, 2022

Options Technology, the leading Capital Markets services provider, today announced the achievement of VMware Cloud Verified status in their Park Royal Data Center. The accomplishment follows the VMware Cloud Provider Principal Partner Status awarded to the firm last year, along with Cloud Verified status at LHC, LD4 and NY5 sites. Cloud Verification assures that a partner is validated to expertly deliver cloud Infrastructure-as-a-Service across VMware’s best-in-class network, storage, and compute solutions to meet individual client needs specifically. VMware Cloud Verified partner services enable customers to achieve unmatched levels of consistency, performance, and interoperability for traditional and containerised enterprise applications with the confidence the service received is based on the most advanced VMware cloud technologies. “We are delighted to announce the addition of Park Royal to our growing portfolio of cloud solutions and Options’ third VMware Cloud Verified status in recent months. Options President and CEO Danny Moore Today’s news not only validates the rapid expansion of services across our global backbone but Options’ unique position as the partner of choice in the delivery of holistic, flexible, and resilient cloud strategy for clients.” Today’s news comes as the latest in a series of strategic announcements for Options, including its seventh Microsoft Gold Partner status, hosting capabilities in Aruba IT3 Bergamo, and the launch of its Quantify and Data Store products. In 2019, Options received investment from Boston-based Private Equity Firm Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform while expanding its global reach in key financial centres. About Options Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems. Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper. About Abry Partners Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.

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HYPER-CONVERGED INFRASTRUCTURE

Napatech accelerates infrastructure services processing for data center applications

Napatech | July 06, 2022

Napatech™ , the leading provider of programmable Smart Network Interface Cards (SmartNICs) used for Data Processing Unit (DPU) and Infrastructure Processing Unit (IPU) services in telecom, cloud, enterprise, cybersecurity and financial applications worldwide, today announced a set of new SmartNIC capabilities that enable standard, unmodified applications in edge and core data centers to benefit from offloaded and accelerated compute and networking functions. As enterprises, communications service providers and cloud data center operators deploy virtualized applications and services in edge and core data centers, they increasingly leverage workload-specific coprocessors to offload functions such as Artificial Intelligence (AI), Machine Learning (ML), storage, networking and infrastructure services from general-purpose server CPUs. This architectural approach not only maximizes the availability of server compute resources for running applications and services but also improves system-level performance and energy efficiency by running the offloaded workloads on devices optimized for those specific tasks such as programmable SmartNICs, also known as Data Processing Units (DPUs) or Infrastructure Processing Units (IPUs). Thanks to this offload trend as well as an acceleration in global data center deployments, programmable SmartNICs represent the fastest-growing segment of the NIC market, with a Total Available Market (TAM) forecasted to reach $3.8B/year by 2026 according to Omdia. To maximize the portability of their software and to accelerate their time-to-market, developers of cloud applications and services incorporate industry-standard Application Programming Interfaces (APIs) and drivers within their software. Data center operators therefore need to be able to select offload solutions that are compatible with the relevant standards, to avoid having to create custom, vendor-specific versions of their software. The latest upgrade to Napatech's Link-Virtualization™ software, release 4.4, addresses this challenge by incorporating networking and virtual switching features that implement full support for the relevant open standards, while delivering best-in-class performance and functionality. Specifically, Link-Virtualization now supports a fully hardware-offloaded implementation of the Virtio 1.1 Input/Output (I/O) virtualization framework for Linux, including the standard kernel NIC interface, which means that guest Virtual Machines (VMs) do not require a custom or proprietary driver. Link-Virtualization also supports the open-standard Data Plane Development Kit (DPDK) fast-path running in guest VMs to maximize the performance of functions such as Open Virtual Switch (OVS). Link-Virtualization is also fully compatible with OpenStack, allowing a seamless integration into cloud data center environments worldwide. Other new features incorporated in Link-Virtualization include IPv6 VxLAN tunneling, RPM-based setup for OpenStack Packstack, configurable Maximum Transmission Unit (MTU), live migration on packed ring, port-based Quality of Service (QoS) egress policing and more. The software is available on Napatech's portfolio of SmartNICs, powered by AMD (Xilinx) and Intel FPGAs, that span 1 Gbps, 10 Gbps, 25 Gbps, 40 Gbps, 50 Gbps and 100 Gbps port speeds. As one example of the industry-leading performance delivered by Link-Virtualization, the complete offload of the OVS data path onto the SmartNIC means that only a single host CPU core is required to run the OVS control plane while delivering industry-leading throughput of 55 million packets per second for Port-to-VM-to-Port (PVP) traffic and 130 million packets per second for Port-to-Port (PTP) traffic. Reclaiming host CPU cores previously required to run OVS and making them available to run applications and services leads to a significant reduction in the number of servers required to support a given workload or user base. This in turn drives significant reductions in overall data center CAPEX and OPEX. It also results in lower system-level power consumption and improved energy efficiency for the edge or cloud data center. To aid in the estimation of cost and energy savings for specific use cases, Napatech provides an online ROI calculator, which data center operators can use to analyze their projected savings. "Napatech's Link-Virtualization software enables data center operators to optimize the performance of their networking infrastructure in a completely standards-compatible environment, which maximizes their flexibility in selecting applications," said Napatech CMO Jarrod J.S. Siket. "Besides full support for standard APIs, the solution also incorporates critical operational features such as Receive Side Scaling (RSS) for efficiently distributing network traffic to multiple VMs and Virtual Data Path Acceleration (vDPA), which enables the live migration of running workloads to and from any host, whether or not a SmartNIC is present." About Napatech Napatech is the leading supplier of programmable FPGA-based SmartNIC solutions used in telecom, cloud, enterprise, cybersecurity and financial applications worldwide. Through commercial-grade software suites integrated with robust, high-performance hardware, Napatech accelerates telecom, networking and security workloads to deliver best-in-class system-level performance while maximizing the availability of server compute resources for running applications and services. Additional information is available at www.napatech.com. No Forward-Looking Statements This press release may contain forward-looking statements which are only predictions and may differ materially from actual future events or results due to a variety of factors, including but not limited to, business conditions, trends in the industry and markets, global economic and geopolitical conditions, macro-economic factors, and other risks and uncertainties set forth in Napatech's reports. The matter discussed in this release is based on current expectations and maybe subject to change. Napatech will not necessarily update this information.

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