Datacenter News — Fujitsu has teamed up with elastic interconnection provider Megaport in a move the company says will allow it to offer customers new ways of provisioning connections to cloud services, including Microsoft Azure and Amazon Web Services. The agreement kicks off with the installation of a Megaport point of presence in the Fujitsu Malaga (Perth), and North Ryde (Sydney) data centers.
Australian network virtualisation provider Megaport has pushed forward with its aggressive international expansion plans, inking a major deal with one of the largest internet exchanges in the world, the Amsterdam Internet Exchange (AMS-IX). Based on software-defined networking, Megaport’s network interconnection model allows customers to lease network connections between major data centres on a pay-per-use basis.
PRNewswire — BRISBANE: Software-based elastic connectivity provider Megaport Limited (ASX: MP1) (Megaport) today announced its U.S. subsidiary has signed an alliance agreement with CyrusOne (NASDAQ: CONE) to deliver SDN-enabled, elastic interconnection and cloud exchange services in CyrusOne data centres in the United States.
News Wire — BRISBANE: Software-based elastic interconnectivity provider, Megaport Limited today announced its US subsidiary has signed an alliance agreement to become the exclusive global elastic cloud interconnection partner for Amsterdam Internet Exchange. AMS-IX will in turn provide its Internet Exchange service in key Megaport-enabled markets across the globe.
Financial Review — Tech entrepreneur Bevan Slattery’s latest business Megaport is off to a flying start on the ASX, up more than 75 per cent on its issue price on its first day of trade. The company, which allows businesses to buy technology networking capacity on a pay-per-use basis, raised $25 million by selling 20 million shares at an issue price of $1.25.
The plan would see Megaport expand into another 45 data centres in key connectivity points around the globe. It has identified some of those locations as: New York, Los Angeles, Dallas, Seattle, San Francisco Bay Area, Toronto, London, Dublin, Amsterdam, and Stockholm. The plan will increase the existing Megaport network from 34 data centres to 79 data centres. Once the expansion is complete, Megaport will be a significant competitor to the likes of Equinix, CenturyLink and other SDN providers in the market.
PRNewswire — BRISBANE, Australia: Megaport, a leading software-based elastic connectivity provider today announced that it had lodged a Prospectus with the Australian Securities Commission (ASIC) to raise $25 million and has applied to list on the Australian Securities Exchange (ASX). Megaport was founded in 2013 by one of Australia’s leading technology entrepreneurs and the Company’s Executive Chairman Bevan Slattery with the aim of becoming a global leader in the fast-growing elastic interconnection services market.
Financial Review — Tech entrepreneur Bevan Slattery’s latest business Megaport has filed a prospectus with the ASX, as it prepares to list in December with a market capitalisation of $87.5 million. As revealed by Street Talk last week,Megaport, which allows businesses to buy technology networking capacity on a pay-per-use basis, is hoping to sell 20 million shares at $1.25 each. It will raise $25 million to accelerate its United States rollout and to fund other expansion opportunities.
IT News — Network virtualisation company Megaport will invest $10 million over the next year to fund an aggressive expansion into the United States. The company, which was founded in 2013 by serial entrepreneur Bevan Slattery, today announced plans to establish its US headquarters in San Francisco.
Megaport has launched its services in Hong Kong as part of its Asia Pacific expansion, the cloud services company announced on Feb 3. According to a press statement, Phase one of this deployment includes Equinix HK1 and Mega-iAdvantage. “Users in Hong Kong can now order services to any other Megaport user in many locations using Megaport’s innovative Virtual Cross Connect,” a company spokesperson said.