The Acquisition of Eight Data Centers Extends vXchnge's Presence in North America to 15 Markets
Energy, utilities, transportation and water are what comes to mind when we talk about critical infrastructure. But since our dependence on digital technology has increased many folds in the last two and half decades, you can add data centers to that list. Without data centers, the world we live in today will screech not to a complete stop, but to a snail’s pace. Whether you’re watching a viral video on YouTube or paying your bills with your smart phone, data centers make all this possible; and our dependence is only increasing. With that in mind, vXchnge, a carrier-neutral collocation services provider, announced it has increased its presence in North America with the acquisition of eight additional data centers, bringing its total to 15.
The collocation market is growing at double-digit rates as enterprises around the world look to outsource the very costly on premises data center services to third-party providers. Additionally, Internet and cloud-based networking services are generating demand from data center operators with numerous locations in order to ensure reliability and multiple redundancies.
According to a recent Research and Markets report on collocation services, the global market is expected to grow to $49.57 billion by 2019 from $16.65 billion in 2014, a CAGR of 17.6 percent. With so much growth expected in the sector, vXchnge will now be able to capitalize on that demand.
Although details of the acquisition have not been made public, the eight data centers were purchased from Sungard Availability Services (Sungard AS), a company with a global presence providing disaster recovery and other data center related services.
The new vXchnge edge data centers are in: Portland, Oregon; Austin, Texas; Minneapolis, Minnesota; St. Paul, Minnesota; St. Louis, Missouri; Pittsburgh, Pennsylvania; Raleigh, North Carolina; and Nashville, Tennessee.
The vXchange data center provides:
- Delivery of N+1 and 2N power solutions for flexibility and redundancy to meet high capacity demand.
- Carrier-neutral connectivity with secure, high-speed interconnections to over 70 carriers across 7 facilities. It allows customers to choose carriers based on requirements for latency, performance, cost, and geographical reach.
- Network Operations Center (NOC) services are available 24/7/365 for monitoring services and application expertise.
- Migration planning is delivered by a staff with extensive data center relocation, infrastructure design and execution experience.
- 24×7 Remote Hands Services provides access to the data center equipment easily from anywhere.
"We see tremendous opportunities directly tied to this transaction. It accelerates our strategic presence in 'edge' based marketplaces for companies to grow their businesses. These marketplaces operate as deployment points for our customers' network-enabled applications and cloud services that require safe, secure and resilient data centers," said Keith Olsen, Chief Executive Officer of vXchnge.
Data centers at the network edge are in high demand because many different industries rely on the speed being this close provides. Time critical companies such as brokers and content providers want to be as close to the network edge as possible. And with this acquisition, vXchnge will be able to offer customers in these eight cities faster access to the services they need.
Edited by Dominick Sorrentino
