GI Partners Closes Oversubscribed Inaugural Data Infrastructure Fund At $1.8 Billion in Commitments

prnewswire | September 08, 2020

GI Partners, a leading private investment firm, today announced the final closing of its inaugural Data Infrastructure Fund, which totaled $1.8 billion in commitments from a broad group of investors.  The fund was oversubscribed and surpassed its initial target of $1.25 billion. The GI Data Infrastructure Fund continues the firm's 20-year history of control-oriented investing in hard asset infrastructure companies and properties underpinning the digital economy.  The Fund will invest across four data infrastructure subsectors data centers, data transport, wireless access, and tech-enabled infrastructure, primarily in North America.  The team, which works closely with the firm's private equity and real estate teams and leverages the firm's broad resources, is led by Steve Smith, who was previously CEO of Equinix (the world's largest data center company), and Mark Prybutok, an experienced data infrastructure investor.

Spotlight

Retain and attract loyal customers and grow your revenue by increasing empathy, adding the right technology, and automating processes. Read Five Keys to Future-Proofing Your Customer Service Success for insights on how your company can ensure the best possible customer service experience in an ever-evolving business landscape. W

Spotlight

Retain and attract loyal customers and grow your revenue by increasing empathy, adding the right technology, and automating processes. Read Five Keys to Future-Proofing Your Customer Service Success for insights on how your company can ensure the best possible customer service experience in an ever-evolving business landscape. W

Related News

APPLICATION INFRASTRUCTURE,APPLICATION STORAGE,DATA STORAGE

Spectrum Enterprise Announces National Availability of 100 Gigabit Ultra-High Speed Data Services

Spectrum Enterprise | December 02, 2022

Spectrum Enterprise, a unit of Charter Communications, Inc., today announced the availability of Ultra-High Speed Data services across its national fiber network that deliver speeds of 100 gigabits per second (Gbps) for a range of data transport solutions, such as internet, WAN and Wavelength. Enterprises can benefit from these high-performance data capabilities at multiple locations, including private data centers, public clouds, corporate headquarters, and branch sites. Leveraging the Spectrum Enterprise Network architecture, Ultra-High Speed Data services easily scale from 10Gbps to 100Gbps and offer a range of redundancy options. Spectrum Enterprise Ultra-High Speed Data services enable businesses to increase agility and meet the changing connectivity needs of their digital platforms. These services are paired with premium support and are fully managed and monitored to help ensure that the mission critical requirements of applications using the services are met. "Bandwidth utilization for Ethernet-based business networks across the United States is anticipated to grow at a compound annual rate of 32% over the next five years, with the highest growth segment being ultra-high speed connections of between 10Gbps and 100Gbps. In fact, data transport volume over 10+ Gbps connections is expected to grow almost five times by 2026, to nearly 2400 Terabytes annually. Ensuring network evolution plans consider the growing demand for bandwidth and performance will be a key requirement for every organization." -Erin Dunne, Director of Research, Vertical Systems Group. Public cloud access, high-speed trading, video collaboration, file sharing, high-performance computing and internet access are among the many use cases fueling the demand for ultra-high speed data services. Investing in a modern network "At Spectrum Enterprise, we're committed to the success of our clients. We're investing in the breadth and depth of our network, its capabilities, and, importantly, the solutions and experience surrounding them so that we can provide businesses with speeds of 100Gbps and beyond," said Bill Archer, Charter Executive Vice President and President of Spectrum Enterprise. "Our Ultra-High Speed Data services capitalize on the performance capabilities of our dense fiber network with an unmatched experience and value. From solution design to dedicated support and management, we're there every step of the way so our clients stay a step ahead of future technologies and business demands." The national availability of Spectrum Enterprise Ultra-High Speed Data services across metro and wide area networks to support a client's full range of operations is the result of ongoing investments in network capability, solution design and the experience that large enterprises require. Spectrum Enterprise provides clients a modern network platform, deployed to over 270,000 on-net buildings and fiber proximity to millions of businesses across the U.S. This capability delivers 100Gbps speeds to any client site – whether it's a commercial building, data center or any other location. Different types of enterprises across the country have begun using Spectrum Enterprise Ultra-High Speed Data services. Leading Fortune 500 financial firms employ these services to support critical operational requirements. School districts support students and teachers with better classroom and digital learning experiences due to high-performance connectivity solutions. Organizations across multiple sectors depend on the low-latency attributes of Ultra-High Speed Data services to transport massive amounts of data across hybrid cloud workloads. About Spectrum Enterprise Spectrum Enterprise, a part of Charter Communications, Inc., is a national provider of scalable, fiber technology solutions serving many of America's largest businesses and communications service providers. The broad Spectrum Enterprise portfolio includes networking and managed services solutions: Internet access, Ethernet access and networks, Voice and TV solutions. The Spectrum Enterprise team of experts works closely with clients to achieve greater business success by providing solutions designed to meet their evolving needs. For more information, visit enterprise.spectrum.com.

Read More

HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,STORAGE MANAGEMENT

ExteNet Systems Announces Exclusive, Expanded Partnership with T-Mobile

ExteNet Systems, LLC | November 29, 2022

ExteNet Systems, a leading privately held owner of LTE/5G wireless and fiber neutral-host communications infrastructure, today announced it has entered an exclusive agreement with T-Mobile to deploy digital wireless infrastructure in large sports, entertainment, hospitality and transportation venues, as well as to rationalize and decommission T-Mobile's overlapping network assets inherited from its merger with Sprint. The agreement, which expands ExteNet's existing relationship with T-Mobile as a primary wireless carrier in its contracted venues, is expected to deliver best-in-class wireless communications in commercial sites, creating unparalleled experiences for guests and users. Under the terms of the agreement, ExteNet will deploy, own and operate the digital wireless infrastructure for large venues, and every venue contract couples ExteNet's infrastructure deployment with T-Mobile, as the first committed carrier. This represents an industry first in enabling the extension of 5G wireless capabilities and state-of-the-art technology to fans and guests, with deployment timeframes up to two times faster. "We are thrilled to continue building our relationship with T-Mobile to bring high-quality and cost-effective infrastructure operations to our clients and venue partners. "This collaboration enables a turnkey, win-win road map for T-Mobile's consumer and business clients alike as we bring a revolutionary Un-carrier approach to venue contracting." Rich Coyle, ExteNet Systems Chief Executive Officer As part of the expanded partnership, ExteNet will rationalize T-Mobile's small cell framework and upgrade existing infrastructure, implementing a high-quality and cost-effective solution to deliver streamlined, faster and more efficient 5G wireless networks. These enhancements, which will be done without any service interruptions, are expected to provide a superior end-user experience and a competitive advantage for T-Mobile, as well as further elevate ExteNet's reputation for innovative and customer-centric Un-carrier approach to venue contracting. The rollout of the expanded agreement between ExteNet and T-Mobile, which took effect on October 1, 2022, is already underway. As part of the agreement, T-Mobile will be the first carrier to join the new wireless network ExteNet is deploying in each MGM Resorts property nationwide. In September 2022, ExteNet announced a groundbreaking partnership with MGM Resorts International to bring state-of-the-art distributed wireless networks to 25 MGM properties, consisting of 54 million square feet, more than 43,000 guest rooms, and serving more than 70 million visitors annually. About ExteNet Systems, LLC Lisle, IL-based, soon to be Frisco, TX-based, ExteNet Systems, LLC is the leading national provider of converged communications infrastructure and services addressing outdoor, real estate, communities, and enterprise advanced connectivity needs. ExteNet's strategy is customer-centered, and its mission is to provide best-in-class connectivity solutions, including fiber and mobility, for its customers. Major investors in ExteNet Systems include Digital Bridge (NYSE: BDRG), John Hancock Life Insurance Company (U.S.A.), and Stonepeak Infrastructure Partners. "ExteNet®" is a registered trademark of ExteNet Systems, LLC.

Read More

STORAGE MANAGEMENT, WINDOWS SERVER MANAGEMENT, IT SYSTEMS MANAGEMENT

Marvell Announces Industry's Most Comprehensive 3nm Data Infrastructure IP Portfolio

Marvell | October 21, 2022

Marvell Technology, Inc., a leader in data infrastructure semiconductor solutions, today announced a comprehensive 3nm silicon platform to advance its industry-leading products across the cloud data center, carrier, enterprise, and automotive markets. Leveraging Marvell's success in 5nm, which includes the industry's first 5nm Data Processing Unit (DPU) – the OCTEON® 10 platform, this suite of advanced technology enables cutting-edge monolithic and multi-die solutions for its customers in the industry's most advanced process node, delivering the performance, power, and density (size) necessary to meet most demanding infrastructure requirements for compute, next generation 100T Ethernet switching, and 5G Advanced baseband processing. The new 3nm Marvell silicon, which is now in fabrication with Taiwan Semiconductor Manufacturing Company (TSMC) on its 3nm shuttle, is available for new product designs and includes foundational IP building blocks such as long reach SerDes, PCIe Gen6 PHY, and several standards-based die-to-die interconnect technologies for managing data flow across the data infrastructure. This 3nm development follows numerous 5nm solutions from Marvell – in production or development – that span its unrivaled portfolio of electro-optics, switch, PHY, compute, 5G baseband, and storage products, as well as a wide range of custom ASIC programs. Additionally, this IP portfolio is compatible with 2.5D packaging technologies such as TSMC's leading-edge 2.5D Chip-on-Wafer-on-Substrate (CoWoS) and will enable Marvell to develop some of the most advanced multi-die, multi-chiplet systems-in-package (SiP) for its industry-leading infrastructure products and co-development of custom ASIC solutions optimized for some of the most challenging infrastructure use cases, such as machine learning. Silicon Advancing the Cloud With data and internet traffic approximately doubling every two years, cloud service providers, software-as-a-service (SaaS) companies, and telecommunication carriers are increasingly relying on silicon optimized by semiconductor providers to deliver breakthrough performance and bandwidth while minimizing power consumption, emissions, and cost. Achieving these objectives, particularly for hyperscale cloud providers, requires silicon partners to move quickly to the most advanced process node available to take advantage of the inherent scaling benefits in power, performance, and density. Marvell delivers a wide range of industry-leading standard products for cloud infrastructure including electro-optics, processors, accelerators, optical modules, Ethernet switches, storage controllers and PHY chips, and offers customized products through Marvell's ASIC portfolio. By developing and validating each of the critical IP blocks in silicon early in the availability of the 3nm process, Marvell can significantly accelerate customers' time-to-market while reducing the design risk and verification efforts associated with its complex monolithic or multi-die SoC designs. "Marvell teamed with TSMC to provide our customers with the power to build high-performance, cloud-optimized solutions for the most demanding applications requiring the industry's first 3nm IP on silicon. "The 3nm platform provides advantages for a wide range of solutions, from standard and application-specific SoCs to highly custom chips with unique and innovative designs." Raghib Hussain, President of Products & Technologies at Marvell "TSMC is pleased to collaborate with Marvell in taping out a chip on our 3nm shuttle to validate critical cloud-focused IPs," said Yujun Li, Director of High Performance Computing Business Development at TSMC. "TSMC is looking forward to our continued collaboration with Marvell in the development of leading-edge multi-die SoCs utilizing TSMC's process and packaging technologies." "The cloud will play an outsized role in transforming healthcare, curbing emissions, and taking on other real-world challenges, but only if cloud providers can continue to increase the overall performance and efficiency of their infrastructure," said Alan Weckel, co-founder of the 650 Group. "Marvell's collaboration with TSMC and its strategy of optimizing silicon building blocks for a wide spectrum of devices and applications is poised to play a critical role in allowing cloud providers to fulfill that promise." About Marvell To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better.

Read More