Liquid Web Acquires Hosting Provider WiredTree


Managed hosting provider Liquid Web Thursday acquired Chicago-based managed web hosting company, WiredTree. The company, however, has not disclosed the details of the transaction. In August last year Liquid Web had acquired Rackspace’s Cloud Sites business unit.

While most of the largest hosting and cloud providers are either focused on very small website hosting or infrastructure services for very large enterprises, Liquid Web focuses its managed hosting products and high-touch support on tech-savvy, web-reliant professionals. These professionals rely heavily on the web and cloud to grow their businesses or to power multiple websites and applications. They need a reliable, secure partner who is building products for them and guaranteeing 100 percent power and uptime. Liquid Web is that partner.

“With the addition of both WiredTree and Cloud Sites, we further our mission to empower web professionals worldwide to create content and commerce without worry,” said Liquid Web CEO Jim Geiger. “For web professionals whose websites fuel their businesses, we understand they need a partner to provide both a technological advantage and support, with a broad portfolio of products and a whatever-it-takes attitude. We’re purposefully building a smart, easy, flexible experience that does just that – on our fully owned infrastructure, which is backed by the most helpful humans in hosting.”

The company said for WiredTree’s customers, the acquisition means better infrastructure, no change in pricing and superior support with access to Liquid Web’s 250 Red Hat, Linux and Windows-certified technicians who are available 24x7x365 by phone, email or chat. In order to ensure a seamless and hassle-free transition, Liquid Web has created a specialized migration team to work directly with customers as their scheduled upgrades occur.

“As their managed hosting provider, we want our newest customers to know that we are willing to go above and beyond to help them succeed,” said Geiger. “We look forward to creating an exceptional business partnership and would like to welcome each WiredTree customer to the Liquid Web family.”

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Bharti Airtel To Acquire Orascom’s Submarine Cable Business


Bharti Airtel Tuesday announced to acquire Orascom’s submarine cable business of its Middle East North Africa Company Submarine Cable Systems S.A.E (“MENA-SCS”). The 100% acquisition, however, is subject to requisite regulatory approvals.

MENA-SCS is a 100% subsidiary of Orascom. MENA – SCS owns and operates a submarine cable network between India and Europe covering Middle East, with options to extend the network to Africa. It is a state-of-the-art submarine optic network capable of carrying Multi Tera bits per second of data speeds. MENA cable is live and operational connecting Mumbai – Oman – Saudi Arabia – Egypt and Italy. It further has the branching options to connect to other countries in Europe, Africa and Middle East via branching options to Cyprus, Greece, Djibouti, Yemen, Iran, Lebanon, Libya and Sudan.

The proposed acquisition of MENA-SCS is aimed at further strengthening Airtel’s global network that currently runs across 225,000 Rkms, covering 50 countries and 5 continents. The additional capacity will enable Airtel to serve the growing demand for data services and enterprise services across its footprint of 18 countries across South Asia and Africa.

“The proposed acquisition underlines our commitment to provide world-class service experience to the customers. MENA-SCS will be a good addition to our global network portfolio and provide us with a high quality and diversified new route to Western Europe and the rest of the world,” said Ajay Chitkara, Director and CEO – Global Voice & Data Business, Bharti Airtel.

“With the explosion of data usage in emerging markets, including India and Africa, this asset will provide us a scalable and diverse high capacity highway to serve our customers. In particular, it will provide impetus to India’s emergence as a major regional internet hub serving customers across SAARC region, with seamless global connectivity.”

Currently, Airtel’s global network portfolio includes ownership of i2i submarine cable system connecting Chennai to Singapore, consortium ownership of SMW4 submarine cable system connecting Chennai and Mumbai to Singapore and Europe, and new cable system investments like Asia America Gateway (AAG), India Middle East & Western Europe (IMEWE), Unity, EIG (Europe India Gateway) and East Africa Submarine System (EASSy). It also has terrestrial express connectivity to neighboring countries including Nepal, Pakistan, Bhutan, Bangladesh and China.

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American Tower Corporation Acquires FPS Towers In France

American Tower

American Tower Corporation, that had acquired 51% stake in Viom Networks last year, Monday said it is acquiring French tower firm FPS Towers. The company has partnered with  Dutch pension fund manager PGGM to acquire the French tower firm though other financial details of the deal are not disclosed.

FPS Towers owns and operates approximately 2,400 wireless tower sites across France. American Tower and PGGM expect to fund the equity portion of the transaction proportionally to their interests in the joint venture. American Tower expects to fund the debt portion.

“We are pleased to be continuing our partnership with PGGM by acquiring FPS Towers, which owns an attractive portfolio of French wireless telecommunications real estate assets,” said James D. Taiclet, Jr., American Tower’s Chairman, President and Chief Executive Officer.

“Through this transaction, we expect to elevate the growth profile of our European operations by entering into a new market with attractive wireless tower leasing opportunities and solid long-term growth prospects, while generating immediate accretion to our AFFO per share.”

Commenting on the transaction, Erik van de Brake, head of Infrastructure at PGGM, stated, “We are very pleased to expand our partnership with American Tower to include FPS Towers, which further enhances PGGM’s ability to invest pension money into the real economy on behalf of its clients. The FPS towers are part of an essential infrastructure for mobile communication and this long-term investment is supporting the European economy and will bring good and stable returns to the participants of the funds whose capital we are managing.’’

The transaction is expected to close in the first quarter of 2017, subject to consultation with FPS Towers’ employee representative body, certain closing conditions and regulatory approval. HSBC is acting as financial advisor to ATC Europe. Additional information regarding the transaction can be found on the American Tower website under the Investor Relations tab.

In October last year American Tower had acquired 51% stake in India’s Viom Networks for Rs 7635 crore besides taking up the debt as well.

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mCarbon Could Invest Upto Rs 600 Cr In Acqusitions


Technology firm mCarbon is actively looking at acquisitions in fields that aligns with its business interests and is ready with a war chest of around Rs 500 to Rs 600 crore for the same. For acquisitions the company is looking at firms that are into analytics and artificial intelligence.

“We are in the look out and can go for companies 5 times bigger than us in terms of revenue,” said Rajesh Razdan, founder and CEO of mCarbon.

The company’s revenue would be around Rs 100-125 crore for FY 2016-17, he said. He also added that the year-on-year growth has been almost 100% for past couple of years and for this year the Noida based firm expects a growth of around 60-70%.

“We are a cash rich company, besides we got a solid back up in JP Morgan,” he added.

JP Morgan Assets holds around 40% stake in the company after it bought stakes from Cannan Partners’ in 2015.

The company that started as a pure play mobile value added services (M-VAS) company, has slowly shifted to data analytics and AI based software solutions for telecom operators.

The inorganic growth by means of mergers or acquisition will help the company consolidating its focus in the growing business, the CEO added.

“In coming times everything is going to be connected as IoT becomes mainstay, and you need expertise in these two areas – artificial intelligence and analytics- to understand and comprehend the humongous amount of data generated from everything-living and non living beings,” he said.

“We are looking at companies in AI and analytics and at the same time, for those, we can help us in expanding in newer markets,” he added.

At present mCarbon is present in multiple countries including India, Indonesia, Malaysia and some African countries. In FY 2017-18 the company eyes entering new markets including Latin America and Europe.

At present 10-15% revenue comes from international markets and the company, with hope from new markets, and through acquisitions, expects to growth international revenue contribution to around 30%.

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Nokia To Acquire Data Analytics Firm Deepfield


Nokia Thursday said it is planning to acquire Deepfield, a US-based company having interest in real-time analytics for IP network performance management and security. Though details of the transaction are not disclosed, the company said it will be closed in Q1 of 2017.

According to Nokia, the acquisition will extend the Finnish company’s leadership in real-time, analytics-driven network and service automation, providing customers including communications service providers, cable operators and cloud, webscale and large technology companies with greater network and application insight, control and DDoS protection.

Deepfield was founded in 2011 and is privately held company headquartered in Ann Arbor, Michigan. The company has around 65 employees.

Nokia plans to solve the network and service automation problem by coupling Deepfield big data analytics with the dynamic control capabilities of open SDN platforms, such as the Nokia Network Services Platform (NSP) and Nuage Networks Virtualized Services Platform (VSP). Together, these products become the cognitive “brain” that makes real-time, automated changes to wide area networks (WANs) and datacenter networks so they can quickly adapt to changes in application demand, flow and traffic patterns. This will allow Nokia customers to drive greater network efficiency, help assure quality and enhance security – without manual intervention, and in real-time.

“Combining Deepfield’s cutting-edge analytics with Software Defined Networking techniques (SDN) will allow our customers to automate engineering and assurance processes while enhancing performance, utilization and security,” said Basil Alwan, president of Nokia’s IP/Optical Networks business group.

Citing a Deepfield study, Nokia said even though cloud applications and services – including Netflix, Hulu, HBO Go, Google Docs and Facebook – make up more than 60% of network traffic today*, providers have very limited insight into which applications are running on their networks, and what impact this application traffic is having on their networks and subscribers. At the same time, the advent of SDN and NFV technologies is creating increased demand for network and service automation, which requires big data analytics – delivered in real time – to drive it.

Deepfield’s powerful and unique Internet Genome technology solves the visibility problem by identifying over 30 000 popular cloud applications and services, tracking how this traffic runs to and through networks to reach subscribers, in real time, and without the need for expensive probes, taps and monitors in the network itself. The result is powerful multi-dimensional views of the network and the applications that flow through it that can support advanced IP network engineering and assurance use cases.

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Motorola Solutions Acquires Mobile App Firm Gridstone


Motorola Solutions Tuesday said it has acquired Gridstone, an Australia based technology company that develops mobility solutions for public safety agencies, governments and enterprise.

Gridstone develops mobile applications across many platforms, with a specialist capability for native applications on Apple’s iOS.

The financial details of the transaction are not disclosed.

The acquisition builds on Motorola Solutions’ experience in delivering essential communications and workflow solutions and services throughout Asia Pacific, adding expertise to develop highly customised mobility applications for the region.

Iain Clarke, Motorola Solutions corporate vice president Asia Pacific, said his company’s expertise in developing advanced mobile solutions and services would complement Gridstone’s ability to simplify complex workflow challenges through smart technology.

“In today’s public safety and enterprise environments, technologies that increase mobility are delivering enormous benefit by helping people to work more safely and efficiently,” Clarke said.

“Gridstone develops mobile applications that are well-designed, easy-to-use and proven in helping organisations overcome their most complex workflow management problems. Its applications provide clear and immediate benefits for customers – from reducing manual administration tasks so police officers can spend more time in the field to automating processes to increase efficiency within industrial environments.

“Acquiring Gridstone complements our Convergence Suite of software, which enable seamless communication and enhanced awareness for teams by combining the best of digital radio networks with broadband data capabilities.’’

Gridstone CEO Jon Grant said combining the companies would provide immediate benefits and a strong foundation for growth.

“Motorola Solutions develops technology solutions for vertical markets that are naturally aligned to Gridstone’s. Through our collective strengths and expertise we will instantly enhance the quality and range of services and products we both provide.”

“We look forward to working with Motorola Solutions and building on our success in Australia with the backing of a global industry leader in the public safety and enterprise markets,” he said.

The acquisition represents another key step towards Motorola Solutions’ vision to deliver smart public safety solutions via its Next Generation Mobile Intelligence (NGMI) architecture. NGMI delivers secure and actionable mobile data into the hands of first responders so they can make intelligent decisions to protect communities.

Post acquisitio, Motorola Solutions said Gridstone will continue to deliver its existing contracts and grow its portfolio of products, including its public safety mobility platforms.

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NTT Data Completes Acquisition Of Dell Services


NTT Data, the IT services unit of Japanese conglomerate NTT, on Wednesday announced the closure of the Dell Services acquisition. The acquisition process was initiated in March and the Japanese firm had agreed to pay $3.1 billion to Dell for this deal.

This cash was much needed for Dell to acquire EMC for $67 billion which was closed earlier this year.

The new business unit will be called as NTT Data Services for the time being, till a formal name is finalised. The company believes this acquisition will help NTT Data to be placed among world’s top 5 IT services firms.

At present the firm is placed among the top 10 global IT services companies with revenues of around $16 billion.

“As a top 10 global business and technology services provider, we have been aggressively expanding our international business, boldly pursuing growth as a ‘Global IT Innovator.’ The acquisition of Dell Services is another step toward achieving our vision of becoming a top five global IT services leader,” said NTT Data President & CEO Toshio Iwamoto.

Besides, this acquisition will help NTT Data consolidate its position in North American markets, where the company sees a huge growth potential in the coming future. Close to 28,000 employees of Dell services, who are mostly based out of India and the US will now join the new company.

The new business unit, NTT Data Services, will be headed by John McCain.

“With our combined expertise, services and resources, there’s simply no better team to enable clients to stay a step ahead in highly competitive markets,” said McCain. “We have extremely complementary portfolios. More importantly, both companies have always had an unwavering dedication to client success. Our clients and employees are very enthusiastic about the opportunities this acquisition creates,” McCain said.

Suresh Vashwani who headed the former Dell Services will be with the new unit till January 2017 in order to facilitate a smooth transition, the company said.

The primary customers of NTT Data includes industry verticals like healthcare and life sciences, financial services and insurance, public sector, manufacturing and commercial industries.



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Dell Completes EMC Acquisition


dell-emc-dealIt took almost a year for Dell to complete the $67 billion EMC acquisition. Dell Technologies today announced completion of the acquisition of EMC Corporation, creating a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information.

“This combination creates a $74 billion[i] market leader with an expansive technology portfolio that solves complex problems for customers in the industry’s fast-growing areas of hybrid cloud, software-defined data center, converged infrastructure, platform-as-a-service, data analytics, mobility and cybersecurity,” the company said in a statement.

In the biggest ever buy out in global technology industry, Dell in October, 2015 had said it would acquire storage firm EMC, which, at the offered price, is valued at $67 billion. Dell has offered a price of $ 33.15 per share and other stocks.

“We are at the dawn of the next industrial revolution. Our world is becoming more intelligent and more connected by the minute, and ultimately will become intertwined with a vast Internet of Things, paving the way for our customers to do incredible things. This is why we created Dell Technologies. We have the products, services, talent and global scale to be a catalyst for change and guide customers, large and small, on their digital journey,” said Michael Dell, chairman and CEO of Dell Technologies.

Dell Technologies blends Dell’s go-to-market strength with small business and mid-market customers and EMC’s strength with large enterprises and stands as a market leader in many of the most important and high-growth areas of the $2 trillion information technology market, including positions as a “Leader” in 20 Gartner Magic Quadrants and a portfolio of more than 20,000 patents and applications.

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Delta Corp Acquires Poker Site


Delta-CorpIndia’s sole listed gaming company Delta Corp Friday acquired Gauss Network, the owners of poker site for an undisclosed amount. The transaction will be done partly through cash and partly through equity transfer.

Delta Corp said that with this transaction, which complements the gaming business, it will widen its business horizon and increase its overall footprint, thereby consolidating its overall leadership position. With Gauss Network within its fold, Delta Corp will instantly gain leadership position in the online poker space.

“The acquisition will provide great business and growth synergies as well financial strength and flexibility. It will help expand the customer base and market penetration,” the company said in a statement.

The online gaming space in India is in its early stages whereas it is well developed in the other parts of the world.

“The online space will not cannibalise our existing business. The market is big enough to accommodate both the segments. Globally, the two coexist.” He added: “The consolidated revenue of Gauss Network in FY16 was Rs 47 crore and EBITDA margins were in the 30%-35% range,” said Hardik Dhebar, Group CFO of Delta Corp.

Delta Corp registered its best-ever quarter with revenue of Rs 108.65 crore in Q1 2016-17 – a growth of 34.6% over the same quarter in the last financial year. ‘The company is debt-free and is cash generating,’ the statement added.

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Singtel Raises Stake In Bharti Airtel

airtel office

Bharti-Airtel-And-Bharti-Infratel-To-Improve-Sanitation-For-50,000-Individuals-Across-405-VillagesSingapore Telecommunications or Singtel Thursday said it further acquired 7.39% stake in Bharti Telecom, the holding company of Bharti airtel, by buying out the stake from Temasek by paying $659.5 million.

Singtel will pay Temasek Rs 235.62 for each share of Bharti Telecom and the transaction will be made in cash.

This stake raise takes Singtel’s total holding in Bharti Telecom to 47% whereas the Mittal family holds 51% stake in the country’s largest telecom operator that also does business in another 16 countries.

Singtel’s infusion of $659 million in Bharti Airtel is a part of the company’s $1.8 billion push to consolidate its holding pattern in Airtel as well as Thailand’s Intouch Holdings which is the biggest stakeholder in Advanced Info Services, Thailand’s largest telecom operator.

“Singtel has been a strategic partner to both AIS and Airtel for more than 15 years. We have built deep and trusted relationships, worked well together through the years, sharing knowledge and expertise and we have grown together, from strength to strength,” Singtel Group CEO Chua Sock Koong said.

Singtel said ‘the  acquisitions’ are in  line  with  the Group’s  long term  strategy  to increase  its exposure to high performing associates in its portfolio of leading telecom businesses in the  region.Thailand  and  India are  fundamentally  attractive markets which are reaping  the  benefits  of rapidly increasing smartphone  penetration  and  mobile  data adoption by a growing middle class.

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