Showing posts with label Eunetworks. Show all posts
Showing posts with label Eunetworks. Show all posts

Thursday, January 11, 2018

Stonepeak completes acquisition of majority interest in euNetworks

Stonepeak Infrastructure Partners, a private equity firm based in New York, completed its previously announced deal to acquire a majority interest in euNetworks. Existing euNetworks investors, including Columbia Capital and Greenspring Associates, will continue to hold a material interest in the company. The purchase price was not disclosed.

Under the deal, Stonepeak will also provide euNetworks with up to $500 million of committed growth capital for both organic and inorganic development.

Brady Rafuse will remain the Chief Executive Officer of the company and the existing euNetworks investors will continue to hold a material interest in the company’s new capital structure.

euNetworks owns and operates dense fibre-based metropolitan networks in 14 cites, connected by an intercity backbone covering 49 cities in 15 countries. These networks directly connect into over 300 data centres and more than 1,300 further cell towers, cable landing stations and enterprise buildings.

Stonepeak Infrastructure Partners currently manages approximately $11.3 billion of capital for its investors.

Monday, November 6, 2017

Stonepeak to acquire majority stake in euNetworks

Stonepeak Infrastructure Partners, a private equity firm based in New York, will acquire a majority interest in euNetworks. Existing euNetworks investors, including Columbia Capital and Greenspring Associates, will continue to hold a material interest in the company. The purchase price was not disclosed.
Under the deal, Stonepeak will also provide euNetworks with up to $500 million of committed growth capital for both organic and inorganic development.

Brady Rafuse will remain the Chief Executive Officer of the company and the existing euNetworks investors will continue to hold a material interest in the company’s new capital structure.

euNetworks owns and operates dense fibre-based metropolitan networks in 14 cites, connected by an intercity backbone covering 49 cities in 15 countries. These networks directly connect into over 300 data centres and more than 1,300 further cell towers, cable landing stations and enterprise buildings.

Stonepeak Infrastructure Partners currently manages approximately $11.3 billion of capital for its investors.

“I am thrilled that Stonepeak is becoming an investor in euNetworks,” said Brady Rafuse, Chief Executive Officer of euNetworks. “This agreement offers Stonepeak the platform to enter the bandwidth market, and it provides euNetworks with a fantastic opportunity to accelerate growth and deliver more for our customers. We have demonstrated our ability to remain focused on what we do well, while investing in and developing our network footprint. But we’ve seen the nature of the opportunity continue to grow exponentially and see Stonepeak as the right partner for the next phase of our growth. We are genuinely excited at what this transaction and partnership offers our customers, our people and our existing investors.”

Tuesday, February 23, 2016

Aqua Comms' New AE Cable Plugs into euNetworks Fiber Network

Aqua Comms an euNetworks announced a commercial partnership that enables Aqua Comms’ to extend its America Europe Connect (“AE Connect”) subsea system across Europe on euNetworks’ footprint.

euNetworks owns and operates 13 fibre based metro networks across the region, connected with a long haul fibre network spanning 45 cities across 10 countries. This footprint offers direct fibre connectivity to more than 280 data centres in major European markets, delivering a strong bandwidth solution for Aqua Comms. This mutually beneficial partnership extends Aqua Comms’ 10Gbps and 100Gbps Wavelengths services to additional facilities in Ireland, the UK, France, Germany and the Netherlands.

AEConnect is a 100G compliant, coherent optimised system that utilises innovative optical technologies, including the latest technology of 130 x 100 Gbps per fibre pair.

http://www.AquaComms.com
http://www.eunetworks.com

Friday, November 6, 2015

euNetworks Acquires Ireland's Inland Fibre Telecom

euNetworks Group has acquired 100% of the shares of Inland Fibre Telecom. Financial terms were not disclosed.

Inland Fibre, which is headquartered in Dublin, will add 130 km to euNetworks' existing metro network in Dublin. The Inland Fibre network offers a number of unique features in the market, with routes along the canalways, comprehensive diversity options to key data centres in the city and access to business parks in Maynooth and Naas.

“The acquisition of Inland Fibre has added further uniqueness to our fibre footprint in Dublin, creating new resilient routes in and out of some key business parks, as well as connecting important data centres,” said Brady Rafuse, Chief Executive Officer of euNetworks. “This is a highly complementary business to euNetworks and further strengthens our already dominant position in Dublin.”

http://www.eunetworks.com/

Wednesday, September 30, 2015

euNetworks adds Microsoft Azure ExpressRoute

euNetworks will begin offering direct access to Microsoft Azure for clients via Microsoft Azure ExpressRoute via its owned and operated fiber network across Europe.

“We are a bandwidth infrastructure company, owning and operating our own fibre networks that connect more than 260 data centres and 1,000 buildings across Europe as well as offering direct access to cloud platforms,” said Kevin Dean, Chief Marketing Officer of euNetworks. “Our relationship with Microsoft Azure means we offer unmatched direct access to this platform across our pan European footprint, offering significant benefit to companies as they move more of their IT infrastructure into the cloud.”

http://www.eunetworks.com/

Monday, July 27, 2015

euNetworks deploys Ciena’s 200G for Cloud Customer in UK

euNetworks has deployed Ciena’s 6500 Packet-Optical Platform, equipped with the new WaveLogic 3 Extreme coherent optics to deliver 100GE bandwidth services to customers.

The installation uses 200G per 50GHz DWDM channels, covering diverse paths between Slough, to the West of London, through to London Docklands in the East.  The companies said a  cloud customer is now using the network to put into production 1.2 Tbps of 100GE services, bringing the cloud customer's total lit capacity across the euNetworks footprint to in excess of 6 Tbps and available capacity to around 40 Tbps.

euNetworks has been working closely with its customer base of high bandwidth users and has developed a solution named euSpectrum to cater to their specific needs. euSpectrum delivers DWDM channels on euNetworks’ Pan European DWDM backbone, and provides customers, such as cloud providers, with the option to take large chunks of capacity between cities – effectively building a multi-Terabit backbone. With 13 owned and operated fibre based metropolitan networks, euNetworks can extend this solution to over 260 data centres utilising this city based footprint.

“Our euSpectrum bandwidth solution and position as the leading data centre connectivity provider in Europe offers a unique and highly scalable networking solution to our customers,” said Brady Rafuse, Chief Executive Officer of euNetworks. “We are working with some of the world’s biggest consumers of bandwidth, shaping our network for their growing needs. The nature of our business is such that our network designs are driven exclusively by the needs of our customers. We believe we are one of the leading European providers in the 100G bandwidth market today and with this important milestone of adding 200G capability to the network, we continue to offer our customers the next step in high bandwidth network scalability.”

http://www.eunetworks.com
http://www.ciena.com

Thursday, May 21, 2015

euNetworks Trims Latency 9% on New Frankfurt-Zurich Route

euNetworks announced a new Frankfurt-to-Zurich fibre service with dedicated, low-latency DWDM equipment that trims latency by 9% over the prior best Frankfurt to Zurich fibre based routes.

This route extends euNetworks’ existing London to Frankfurt fibre based route to Equinix’s ZH2 International Business ExchangeTM (IBX) data centre in Zurich and delivers a latency 9% lower than the prior best Frankfurt to Zurich fibre based routes. In February 2015, euNetworks also optimised their key London to Frankfurt low latency route, with an improvement of -0.18ms round trip delay. In February 2015, euNetworks also optimised their key London to Frankfurt low latency route, with an improvement of -0.18ms round trip delay.

The new low latency route provides financial services firms with direct access to Zurich- Equinix ZH4, where SIX Swiss Exchange is hosted, from London, with round trip delay of 12.58 milliseconds, and from Equinix’s Frankfurt data centre (FR2), with round trip delay of 4.65 milliseconds. euNetworks offers market leading latency performance from all major Multilateral Trading Facilities (MTFs) across Europe, enabling greater access to its euTrade service portfolio and some of the shortest routes in the market today. euNetworks first began offering ultra-low latency services to Zurich in May 2011.

http://www.eunetworks.com/

See also