Why data is the ‘oil’ of modern M&A
Merger and acquisitions (M&A) are big in tech and have been so in the digital infrastructure space. So much so that the market often says there is way more...
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US colocation company Flexential has entered into a partnership with African multinational ICT solutions and network service provider operator Angola Cables to drive colocation and interconnection options for customers in the Southern and West African markets. Providing access to Angola's MONET ...
May 11
Africa’s edge data centre operator Open Access Data Centres (OADC), part of WIOCC Holding Company Limited, has announced the deployment of the continent’s first large-scale, open-access edge data centre environment, OADC Edge, in South Africa. This is the first step in a wider rollout of OADC Edge across Africa, with Nigeria expected to be the next country to benefit la...
May 10
Equinix, Inc. (Nasdaq: EQIX) has reported a Q1 revenue increase of 9% over the same quarter last year to US$1.7 billion, or 10% on a normalized and constant currency basis, representing the company's 77th consecutive quarter of revenue growth. Operating Income was US$267 million, a 7% increase over Q1 2021 and an operating margin of 15%. Adjusted EBITDA topped US$800 mil...
April 28
Google and cable landing partner WIOCC have announced the landing in Lagos, Nigeria, of the Equiano subsea cable. The cable will start in Portugal in western Europe, run more than 12,000km along the West Coast of Africa and initially land in Lomé, Togo; Lagos, Nigeria; Swakopmund, Namibia; Rupert’s Bay, Saint Helena and Melkbosstrand, South Africa; establishing a valuabl...
April 25