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Cloud Computing

Claranet bulks up Spain play with new acquisition

Claranet has entered into an all-stock purchase agreement to acquire Spanish business Geko Cloud. Geko Cloud is a cloud consulting company specialised in cloud migration, DevOps, cloud infrastructure management, and microservices. The deal is part of Claranet's growth strategy in Spain, which...

May 11

João Marques Lima

Q1 snapshot: Cloud infrastructure spending closes in on $53bn

Quarter one enterprise spending on cloud infrastructure services has approached US$53 billion. That is up 34% from the first quarter of 2021, making it the eleventh time in twelve quarters that the year-on-year growth rate has been in the 34-40% range, according to Synergy Research Group. Amazon has continued to lead with its worldwide market share remaining at 33%. For ...

April 29

João Marques Lima

Google unveils date for Spanish cloud region opening

Google has set May 25, 2022, as the official date to launch its new cloud region in Madrid, Spain. In an invite to the public, the company wrote: “The time has finally come. The cloud, designed for Spain.The new Google Cloud region arrives in Spain to be closer to customers than ever. “At Google we want to celebrate this great launch with you, sharing all the details...

April 25

João Marques Lima

Crestline Investors finances cloud-to-edge computing player’s expansion

Cloud-to-edge computing and IT solutions provider VPLS has secured a US$30 million equity investment led by Crestline Investors, Inc. Proceeds will be used to support VPLS’s acquisitive growth strategy and fund continued organic growth. This extends VPLS’s partnership with Crestline, which began with a US$30 million preferred equity and debt investment in 2019, bring...

April 18

João Marques Lima