Carrier Ethernet Industry News™ (1661)

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NEW YORK, June 26, 2017 - Webair, a high-touch, agile Cloud and fully managed infrastructure service provider, today announces that its CTO, Sagi Brody, will host the “Disaster Recovery — It’s Not Just About VM Replication” webinar featuring guest speakers from Nimble Storage / HPE and Veeam on Wednesday, June 28, 2017.

Mr. Brody, alongside fellow presenters, will discuss the necessary components of an effective disaster recovery solution outside of replicating data to another location. These include: multi-platform support, protection from Ransomware and other cybersecurity threats, the importance of having a high-touch DR partner, and the success of this concept across various use cases, including the healthcare and legal sectors.  Speakers will also explore the need for a DR solution that ensures applications at the recovery site are as consumable as they are at the production site without any changes in order to maintain business continuity.

WHAT: Webinar: “Disaster Recovery — It’s Not Just About VM Replication”
   
WHERE: Your Desk! RSVP here.
   
WHEN: Wednesday, June 28, 2017; 2:00 – 3:00 p.m. EST
   
WHO:

Speakers include::

-         Sagi Brody, CTO, Webair
-         Richard Ens, SE Manager – North East, Nimble Storage / HPE
-         Michael Stupartis, Senior Systems Engineer, Veeam

About Webair

Founded in 1996 and headquartered in New York, Webair is an innovative, agile and unique Managed Hosting company focused on providing the right solutions to customer needs as quickly and efficiently as possible. It does this by fully owning and controlling the entire technology stack — from the physical data center to the end-user application. Webair’s technology solutions portfolio encompasses Public, Private and Hybrid Cloud, Cloud Storage, Bare Metal Servers, Colocation, CDN, Security and Disaster Recovery. Combining industry-leading innovation, expert support and high-touch customer service, Webair serves as a true technology partner to enterprises and SMBs, healthcare organizations, IT firms, eCommerce companies and VoIP providers. Webair also operates an international network of data centers located in New York, Los Angeles, Montréal, Amsterdam, and Hong Kong.

Follow Webair on Twitter: @WebairInc, Facebook: facebook.com/WebairHosting and LinkedIn: www.linkedin.com/company/webair.

Media Contact:

iMiller Public Relations for Webair

+1 866.307.2510

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Monday, 26 June 2017 23:27

GTT to Acquire Global Capacity Featured

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Extends cloud networking leadership; adds scale, network reach and marquee clients

McLean, VA, June 26, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today a definitive agreement to acquire Global Capacity, a provider of network connectivity solutions that simplifies the process of connecting enterprises to high-value cloud and business destinations.

This strategic combination:

  • Grows GTT’s client base, with the addition of marquee clients in the healthcare, application service provider, retail and carrier markets, adding highly complementary recurring revenue streams
  • Augments GTT’s Managed SD-WAN service with diverse access options, including an extensive on-net Ethernet over Copper infrastructure
  • Expands scale and network reach with last mile connectivity to over 9.6 million U.S. commercial addresses, from 41 data centers and 1,750 Central Office points of presence

“The acquisition of Global Capacity accelerates GTT’s growth strategy and underscores our commitment to connecting people across organizations and around the world,” said Rick Calder, GTT president and CEO. “GTT gains new marquee clients, enhanced network reach and scale, and a great team of employees to drive outstanding client experience, through our core values of simplicity, speed and agility. After integration, we expect to achieve our previously announced, next financial objectives of $1 billion in revenue and $250 million in Adjusted EBITDA.”

“This transaction further advances the breadth, depth and ease of deploying connectivity services for our customers,” commented Jack Lodge, president of Global Capacity. “GTT’s global network reach and extensive portfolio of managed services are a compelling complement to our connectivity platform, resulting in substantial benefits for our carrier and enterprise customers. Together, we anticipate growth and success for our customers, employees, and partners.”

“With this agreement, we are combining two highly complementary organizations with closely aligned core values and operating strategies,” stated F. Francis Najafi, founder and CEO of Pivotal Group, owner of Global Capacity. “This combination creates one of the most innovative global cloud networking companies in the industry.”

The purchase price consists of $100 million in cash and 1.85 million shares of GTT common stock, to be issued to the sellers at closing. GTT expects that Global Capacity’s annualized revenue will be approximately $200 million at close, net of pro forma adjustments, and that the purchase price will reflect a multiple of post-synergy Adjusted EBITDA of 5.0x or lower, with integration and cost synergies to be achieved within two to three quarters after close. The parties expect to close the transaction by the end of third quarter 2017, subject to certain regulatory approvals and other customary closing conditions. GTT will fund the cash portion of the consideration at close with funds from the debt offering completed in May.

Perella Weinberg Partners LP served as the exclusive financial advisor to Global Capacity in connection with this transaction.

About GTT
GTT provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including wide area networking, internet, managed services and voice services. The company’s Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud. GTT delivers an outstanding client experience by living its core values of simplicity, speed and agility. For more information on how GTT is redefining global communications, please visit www.gtt.net.

About Global Capacity
Global Capacity is the leading connectivity as a service company that simplifies connecting Enterprises to high value Cloud and business destinations. Through its award-winning software defined platform, One MarketplaceTM, the company provides the ubiquitous reach, flexible access options and reliable connectivity solutions that deliver on its brand promise of Connectivity Made SimpleTM. Global Capacity delivers its innovative solutions to telecommunication carriers, managed service providers, application service providers and enterprise customers globally.

GTT Investor Relations:
Jody Burfening/Carolyn Capaccio
LHA
+1-212-838-3777
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GTT Media Inquiries:
Gina Nomellini
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Global Capacity Media Inquiries:
Mary Stanhope
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PacketFabric’s cloud networking platform deployment at Netrality’s strategic locations increases customers’ interconnection options at 325 Hudson, 401 North Broad, 717 South Wells and 1301 Fannin

Philadelphia, PA – June 21, 2017: Netrality Properties, owner and operator of network-neutral carrier hotels and colocation facilities, announces the presence of PacketFabric, a NantWorks company and innovative network-as-a-service provider, at four of Netrality’s data center properties nationwide. Netrality Properties is announcing the deployment within the following locations:

  • 325 Hudson Street, New York City, NY
  • 401 North Broad Street, Philadelphia, PA
  • 717 South Wells Street, Chicago, IL
  • 1301 Fannin Street, Houston, TX

PacketFabric’s Software-defined Networking (SDN) platform allows instantaneous, reliable, scalable, and secure connectivity between any two or more locations on its network. Netrality customers at 325 Hudson, 401 North Broad, 717 South Wells and 1301 Fannin can now dynamically design and quickly deploy any network configuration leveraging cloud-based network connectivity to meet their unique and growing network demands.

“The addition of PacketFabric’s SDN platform is a strategic enhancement to our connectivity ecosystem, benefiting current and future Netrality customers.  PacketFabric’s dynamic service offering affords our customers scalable, reliable and secure access to network and cloud environments — a critical piece of any enterprise’s data center solution today,” says Joshua W. Maes, COO of Netrality Properties.

“PacketFabric allows Netrality customers to create reliable, secure, and scalable networks quickly and without heavy infrastructure spending or long-term commitment,” says William Charnock, CEO of PacketFabric. “Through a web-based portal and advanced Application Program Interface (API), our platform makes it easy and flexible to source, provision and manage networking services.”

To learn more about PacketFabric, visit www.packetfabric.com.

For more information on Netrality Properties, please visit www.netralityproperties.com.

###

About Netrality Properties:

Netrality Properties owns and operates network-neutral carrier hotels and Meet Me Rooms providing a mix of retail and wholesale colocation and data center solutions driven by network-rich interconnection environments. Currently, Netrality owns and operates seven strategic network interconnection properties including, 717 S Wells in Chicago, 1301 Fannin in Houston, 1102 Grand in Kansas City, 325 Hudson in New York City (owned in a joint venture with Jamestown), 401 N Broad in Philadelphia and 210 N Tucker and 900 Walnut in St. Louis. For more information on Netrality Properties, please visit www.netralityproperties.com.

Netrality Contact:

Lauren Sauer Mooser

Tel: +1.347.545.2035

Email:  This email address is being protected from spambots. You need JavaScript enabled to view it.

About PacketFabric

PacketFabric redefines how companies procure, consume, and manage their network connectivity services.  Leveraging an innovative, entirely automated SDN-based network architecture and the latest in optical and packet switching technology, PacketFabric enables dynamic, real-time connectivity services between major carrier-neutral colocation facilities at terabit-scale. PacketFabric facilitates coast-to-coast connectivity between 130 premier colocation facilities across 13 U.S. markets, and enables simple, cost-effective, and scalable network deployment via its advanced Application Program Interface (API) and web-based portal. For more information, visit www.packetfabric.com or connect with PacketFabric on TwitterLinkedIn and Facebook.

About NantWorks

NantWorks, LLC, is the umbrella organization for an ecosystem of companies committed to the convergence of 21st century innovative platforms to transform how we work, live and play: NantHealth, NantOmics, NantBioScience, NantCell and its affiliate NantKwest, NantPharma, NantMobile, NantStudio, NantCapital and NantCloud. Fact-based and solution driven, each of NantWorks’ division companies operates at the intersection of innovation and infrastructure.

Founded by Dr. Patrick Soon-Shiong, scientist and inventor of the first human nanoparticle chemotherapeutic agent Abraxane, the core mission for NantWorks is convergence: to develop and deliver a diverse range of technologies that accelerate innovation, broaden the scope of scientific discovery, enhance ground-breaking research, and improve healthcare treatment for those in need. NantWorks is building an integrated fact-based, genomically-informed, personalized approach to the delivery of care and the development of next generation diagnostics and therapeutics. For more information please visit www.nantmobile.com and www.nanthealth.com and follow Dr. Soon-Shiong on Twitter @Dr.PatSoonShiong

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Recognition Comes as Company Continues to Provide Exceptional Customer Experiences to the Enterprise

LOS ANGELES – June 20, 2017 – Unitas Global, the leading enterprise hybrid cloud solution provider, announces today that it has been named one of the Top 500 CRN Service Providers, and was recognized as a top service provider on the 2017 MSPmentor 501 Global Edition Worldwide Company Rankings.  MSPmentor selected Unitas Global based on its go-to-market strategy, financial performance, client approach, and methodology, while CRN evaluated Unitas on revenue related to its cloud service offerings.

The MSPmentor 501 Global Edition Worldwide Company Rankings employs a methodology that assesses company strength based on revenue contributions from key go-to-market activities, placing the highest value on revenue generated from true managed and cloud services.  MSPmentor performs a thorough evaluation examining the business models, technologies, vertical markets and customer segments that MSP companies engage most which ties directly into their complex ranking system. The recognition is a testament to Unitas Global’s revenue growth of 186% CAGR over the last four years.

Each year, CRN issues its annual ranking of the largest technology integrators, solution providers, and IT consultants in North America based on revenue. Unitas Global’s rapid revenue growth is attributed to its strategy, methodology, and client approach, in addition to significant growth of its over 130 global enterprise customers.

“Unitas Global is honored to be named in both a global and North American survey ranking the top managed and cloud service providers across the industry,” explains Patrick Shutt, CEO of Unitas Global.  “It’s a company-wide accomplishment to develop, market, and deliver high-quality cloud services that meet global enterprises’ needs, and it’s rewarding to see our concerted effort materialize in this recognition.”

Unitas Global provides clients with custom, highly secure, fully managed cloud-based IT environments that are simple to consume.  By transferring daily infrastructure operations to Unitas Global, clients can focus internal IT resources on their business-centric initiatives.

To learn more about Unitas Global, visit www.unitasglobal.com.

# # #

Media Contacts:

iMiller Public Relations for Unitas Global

+1 866.307.2510

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About Unitas Global

Unitas Global is a leading provider of enterprise hybrid cloud solutions.  The Unitas Enterprise Private Cloud (EPC) solution provides clients with custom, highly secure, and dedicated cloud-based IT environments that are easy-to-consume, fully managed, and backed by an end-to-end SLA, guaranteeing application uptime.  By offloading day-to-day infrastructure operations to Unitas Global, our clients are able to refocus and optimize their internal IT resources toward their business-centric initiatives.  Unitas is headquartered in Los Angeles, with clients and locations spanning the globe.  For more information, please visit www.unitasglobal.com.

Media Contact:

iMiller Public Relations

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LONDON – June 20, 2017 – Xtera®, a provider of innovative subsea fibre optic solutions, announces today that its Chairman and Chief Strategy Officer, Dr. Stuart Barnes, has been selected by the SubOptic Executive Committee to serve as Programme Chair for SubOptic 2019, taking place in New Orleans, April 8-11, 2019.

Prior to each SubOptic conference, a Programme Chair is chosen among notable subsea telecom industry thought-leaders to spearhead development of the event’s central themes and educational agenda.  In this role, Dr. Barnes will be assisted by a number of submarine industry professionals that comprise the Organising Committee, including representatives from conference host Ciena, the SubOptic Association and STF Events, Inc.

“I am honoured to be chosen for this prestigious position during such a pivotal time in our industry,” shares Dr. Barnes.  “I’m excited to begin the process of programme development, having already received an abundance of useful suggestions during our pre-kick-off event at ITW.  With help from the Organising Committee, I am certain that we will make SubOptic 2019 the most successful and memorable SubOptic event to date.”

Following his graduation from Queen Mary University of London with a doctorate in engineering, Dr. Barnes joined Standard Telecommunications Ltd, where he supported the development of STC Submarine Systems’ first Optical Repeater.   Prior to Xtera, Dr. Barnes also served as the Founder and COO of Polariq as well as founder and CTO of both Azea Networks and Ilotron, and held senior management positions at Atlas Venture, Alcatel Recherche, STC Submarine Systems and STC Cables Newport.  Leveraging extensive expertise and practical skills in fibre, cable and transmission equipment, Dr. Barnes joined Xtera in 2007, initially serving as the Chief Technical Officer of Submarine Systems.

Established in 1998 Xtera offers un-repeatered and repeatered subsea connectivity, using the highest bandwidth undersea amplifiers for up to 40 Terabits on a single fibre pair.  The company offers a full range of turnkey services and solutions, including system design, on-shore and off-shore security, landing route and station development, and operational support.

If you are interested in submitting programme topics to be included in the SubOptic 2019 agenda, please email your suggestions  This email address is being protected from spambots. You need JavaScript enabled to view it.  for consideration.

To learn more about Xtera, visit www.xtera.com.

 # # #

Xtera is an innovative provider of sub-sea telecoms solutions. The company supplies both un-repeatered and repeatered systems, using its high performance optical amplifiers to deliver traffic directly inland to cities.  Xtera creates novel solutions that are suited for each individual customer whether that be provision of a full turnkey system, an open architecture design or supply of a particular product or service. We aim to challenge the norm and to provide more reliable and higher quality products over new and existing routes. Xtera is a flexible supplier who works with a variety of partners to create the best solution for each project and every customer. For more information please visit www.xtera.com or contact  This email address is being protected from spambots. You need JavaScript enabled to view it. .

About SubOptic Association

After thirty years of successful events, SubOptic Association (www.suboptic.org) has reinvented itself to improve and expand the services it provides to the subsea cable industry. In addition to the renowned SubOptic conferences it organizes, the association has widened the scope of its activities and opened membership to all participants in the sector, positioned to become the industry’s global trade association.  The Executive Committee is hard at work to put in place the new constitution and association structure.

Media Contact:

iMiller Public Relations for Xtera

+1 866.307.2510

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Tuesday, 20 June 2017 22:42

GTT Acquires Perseus Featured

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Expands Tier 1 IP network in Latin America, Asia-Pacific, India and Africa

Expands client base in financial markets

Adds strategic low-latency routes

McLean, VA, June 20, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the acquisition of Perseus, a provider of high-speed network connectivity serving many of the world’s top financial and eCommerce companies.

This strategic combination:

  • Extends the reach of GTT’s global Tier 1 IP backbone with new points of presence and routes connecting key markets in Latin America, Asia Pacific, India, and South Africa, including Pacific Express, the new low latency route between Chicago and Tokyo
  • Increases GTT’s client base, adding clients in the financial service and eCommerce segments
  • Reinforces GTT’s market leadership in ultra-low latency services and augments cloud networking portfolio with financial market data services

The purchase price was $37.5 million, plus the assumption of approximately $3 million in capital leases. GTT expects that the purchase price will reflect a multiple of post-synergy adjusted EBITDA of 5.0x or lower, with integration and cost synergies to be achieved within two quarters.

“The acquisition of Perseus demonstrates our commitment to connecting people – across organizations and around the world – by strengthening our low latency service offerings and accelerating our expansion into key high growth financial markets,” said Rick Calder, GTT president and CEO. “We look forward to serving our new clients with simplicity, speed and agility.”

“This transaction provides strategic benefit to both client bases as well as our organizations,” said Jock Percy, Perseus chief executive officer. “GTT gains an expansive global network footprint and world-class clients. We thank our employees and clients for their loyalty and expect a seamless integration with GTT over the upcoming months.”

About GTT

GTT provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including wide-area networking, Internet, managed services and voice services. The company’s Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud. GTT delivers an outstanding client experience by living its core values of simplicity, speed and agility. For more information on how GTT is redefining global communications, please visit www.gtt.net.

Investor Inquiries:                                                                

Jody Burfening/Carolyn Capaccio, LHA

+1.212.838.3777

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Media Inquiries:

Randy Slack

+1.646.254.6905

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Direct Access to Amazon Web Services, Microsoft Azure and Google Cloud Platform Now Accessible From Four Data Centers in the Portland Market

Hillsboro, OR – June, 20, 2017  Opus Interactive, a leading provider of custom cloud hosting services, announces today it is offering the lowest latency, direct access to hyperscale public cloud providers available in the Portland market, including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform, via its Lit Network Services.  Opus’ Lit Network Services provide a fully redundant and multi-provider ring that connects several Greater Portland area facilities, including Infomart Data Centers, EdgeConneX®, the Pittock Block and Tata Communications’ BB1.

Opus Interactive’s flagship facility is located in Infomart Data Centers in Hillsboro and its Portland data center is located in Tata Communications’ BB1 facility.  As the retail cloud and colocation provider for Infomart Data Centers’ Hillsboro location, Opus Interactive offers the facility’s wholesale tenants as well as Opus and EdgeConneX customers low latency, direct access to hyperscale public cloud providers as well as backhaul to all available providers located within the Pittock Block.  Gartner predicts that the global public cloud services market will grow 18 percent in 2017 to approximately $247 billion, up from $209 billion last year, indicating that the availability of fast, secure and seamless connectivity to public cloud services will become increasingly essential for companies to remain competitive.

“As more and more businesses rely on public hyperscale cloud providers, the availability of near four millisecond, low latency connectivity options with multi-path redundancy and core protection is critical to our customers and partners,” comments Eric Hulbert, CEO of Opus Interactive.  “Moreover, the new set of lit network service offerings provides them with the flexibility of gaining access to any carrier in the Oregon market within three top-tier data center faculties.”

Opus has lit this ring with capacity to provide network services from any of the four facilities in the Portland market, offering from 10 megabits to 200 gigabits per channel for its customers and partners.  The new set of lit network service offerings provides its customers with access to any carrier in the Oregon market from Infomart, EdgeConneX and Tata BB1, including  1Mbps, 100Mbps, 1Gbps, and 10Gbps up to 200Gbps transport options.

Opus’ multi-cloud, hybrid IT offerings allow customers to run their applications and infrastructure on any cloud and includes access to partners such as Megaport and PacketFabric, which provide connectivity to Google Cloud Platform, Oracle Cloud, and more. Opus can also manage and monitor their customer environments across any cloud, such as AWS, through a single pane of glass.

For more information about Opus Interactive, visit www.opusinteractive.com/.

# # #

About Opus Interactive

Founded in 1996, Opus Interactive provides cloud hosting, managed services and colocation from Tier III+ data centers in Hillsboro, Portland, Silicon Valley and Dallas.  Through close partnerships with industry leaders and a commitment to customer satisfaction, Opus Interactive has earned a reputation for customized IT solutions that fit unique requirements for equipment, scalability, budget and future growth needs of its customers.  Headquartered in Portland, Oregon, Opus Interactive is an accredited member of the International Managed Services Provider Alliance and is PCI-DSS, HIPAA, and SSAE16 audited.  Learn more at www.opusinteractive.com.

Media Contacts:

iMiller Public Relations for Opus Interactive

+1 866.307.2510

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