Showing posts with label Interxion. Show all posts
Showing posts with label Interxion. Show all posts

Wednesday, October 30, 2019

Digital Realty + Interxion merger brings scale and interconnectivity

Digital Realty and Interxion agreed to a merger that would create a global provider of data center, colocation and interconnection solutions.  Under the deal, Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.  The transaction values Interxion at approximately $93.48 per ordinary share or approximately $8.4 billion of total enterprise value, including assumed net debt.

Interxion's European business currently consists of 53 carrier- and cloud-neutral facilities in 11 European countries and 13 metro areas including Frankfurt, Amsterdam, Paris and Interxion's Internet Gateway in Marseille. Its network reaches 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms. Interxion has a robust pipeline of data center development projects currently under construction, with over $400 million invested to date and a total expected investment of approximately $1 billion. These projects represent roughly a 40% expansion of Interxion's standalone critical load capacity, are significantly pre-leased and are expected to be delivered over the next 24 months, representing a solid pipeline of potential future growth for the combined company.

The companies said their combination will build upon Digital Realty's successful track record of hyperscale development and will represent an extension of the connected campus strategy that empowers enterprise customers to leverage the right products – from colocation to hyperscale footprints – to create value by efficiently deploying

In Europe, Digital Realty has an established presence in Amsterdam, Frankfurt, London and Dublin. On a global basis, Digital Realty has 220 data centers in 35 top metropolitan areas,



The companies also noted that the merger will provide access to additional capital for investment.

"This strategic and complementary transaction builds upon Digital Realty's established foundation of serving market demand for colocation, scale and hyperscale requirements in the Americas, EMEA and Asia Pacific and leverages Interxion's European colocation and interconnection expertise, enhancing the combined company's capabilities to enable customers to solve for the full spectrum of data center requirements across a global platform," said Digital Realty Chief Executive Officer A. William Stein.  "The transaction is expected to be accretive to the long-term growth trajectory of the combined organization, and to establish a global platform that we believe will significantly enhance our ability to create long-term value for customers, shareholders and employees of both companies."

"We are excited to deliver this compelling opportunity for all our stakeholders while bolstering our ability to offer a truly global platform to serve our customers' needs," said Interxion Chief Executive Officer David Ruberg.  "As part of Digital Realty, stakeholders will have the opportunity to continue to reap the benefits of the value that we have created via the communities of interest approach in our carrier- and cloud-neutral European data center portfolio.  They will also be able to participate in the value created by extending our approach across Digital Realty's global footprint, complementary customer base and significant presence in the Americas, EMEA and Asia Pacific.  We also believe our stakeholders will benefit from Digital Realty's investment grade balance sheet and lower cost of capital.  We look forward to working closely with Bill Stein and the entire Digital Realty team to consummate the transaction and combine the best of our companies to build the world's preeminent data center provider."

Additionally:

  • Digital Realty CEO A. William Stein will serve as CEO of the combined company 
  • Digital Realty CFO Andrew P. Power will serve as CFO of the combined company 
  • Interxion CEO David Ruberg will serve as the Chief Executive of the combined company’s Europe, Middle East & Africa (EMEA) business, which will be branded “Interxion, a Digital Realty company” at the close of the transaction


Interxion sees continued favourable demand for European data center services

Interxion, a leading European provider of carrier and cloud-neutral colocation data centre services, reported Q2 revenue of €158.5 million, up 14% from the same period last year. Net income increased by €8.0 million to €8.6 million (2Q 2018: €0.6 million). Diluted earnings per share increased by €0.11 to €0.12 (2Q 2018: €0.01). Capital expenditure, including intangible assets(2), were €123.5 million (2Q 2018: €120.5 million).
Some operating highlights:
  • Equipped space increased by 6,500 square metres (“sqm”) during the quarter to 154,800 sqm metres.
  • Revenue generating space increased by 2,600 sqm during the quarter to 121,600 sqm.
  • Utilisation rate at the end of the quarter was 79%.

During the second quarter, Interxion completed the following capacity additions:

  • 2,000 sqm in Vienna;
  • 1,300 sqm in Madrid;
  • 1,100 sqm in Marseille;
  • 800 sqm in Stockholm;
  • 600 sqm in London;
  • 400 sqm in Paris; and
  • 300 sqm in Dusseldorf.
“As reflected in the solid second quarter results, Interxion continues to experience favourable demand, driven primarily by the cloud and content platform providers,” said David Ruberg, Interxion’s Chief Executive Officer. “In response to customer demand and orders, we are announcing today incremental investments in Frankfurt, Paris, Marseille and Stockholm. Our recent equity issuance and credit rating upgrade support our ongoing expansion activity, with a focus on sustaining our attractive returns."



https://investors.interxion.com/investor-relations

Wednesday, September 18, 2019

Interxion backs IX-API

INTERXION, which is a leading provider of carrier and cloud-neutral colocation data centre services in Europe, announced its support for the new Internet Exchange Application Programming Interface (IX-API).

Interxion will use IX-API to deliver customers on-demand remote peering, providing access to peering services from all Interxion data centres across Europe.

AMS-IX, DE-CIX and LINX develop a universal IX-API

Three of the leading Internet exchange providers, AMS-IX, DE-CIX and LINX, announced a universal IX-API designed serve as a common technical communication protocol enabling communication between various software applications.

The idea is to create a common interface for provisioning key services at multiple exchanges, by creating a simpler platform for customers and offering an easier way to connect.

The three IX partners said their IX-API allows users to self-manage their existing and new interconnection services, such as peering, more effectively.

Wednesday, August 7, 2019

Interxion sees continued favourable demand for European data center services

Interxion, a leading European provider of carrier and cloud-neutral colocation data centre services, reported Q2 revenue of €158.5 million, up 14% from the same period last year. Net income increased by €8.0 million to €8.6 million (2Q 2018: €0.6 million). Diluted earnings per share increased by €0.11 to €0.12 (2Q 2018: €0.01). Capital expenditure, including intangible assets(2), were €123.5 million (2Q 2018: €120.5 million).

Some operating highlights:

  • Equipped space increased by 6,500 square metres (“sqm”) during the quarter to 154,800 sqm metres.
  • Revenue generating space increased by 2,600 sqm during the quarter to 121,600 sqm.
  • Utilisation rate at the end of the quarter was 79%.

During the second quarter, Interxion completed the following capacity additions:

  • 2,000 sqm in Vienna;
  • 1,300 sqm in Madrid;
  • 1,100 sqm in Marseille;
  • 800 sqm in Stockholm;
  • 600 sqm in London;
  • 400 sqm in Paris; and
  • 300 sqm in Dusseldorf.

“As reflected in the solid second quarter results, Interxion continues to experience favourable demand, driven primarily by the cloud and content platform providers,” said David Ruberg, Interxion’s Chief Executive Officer. “In response to customer demand and orders, we are announcing today incremental investments in Frankfurt, Paris, Marseille and Stockholm. Our recent equity issuance and credit rating upgrade support our ongoing expansion activity, with a focus on sustaining our attractive returns."



https://investors.interxion.com/investor-relations

Sunday, June 23, 2019

Aqua Comm's AEC-2 subsea cable to tie into Interxion Copenhagen

Aqua Comms will interconnect its America Europe Connect-2 (AEC-2) subsea cable system at Interxion’s data center in Copenhagen.

AEC-2 is Aqua Comms’s portion of the Havfrue subsea cable project, connecting New Jersey, U.S.A., to Ireland, and Denmark. The America Europe Connect-2 cable is scheduled to land in Blaabjerg, near Esbjerg in September 2019 and will be the first new cable connecting Denmark to the U.S. in nearly two decades.

Aqua Comms supplies fiber pairs, spectrum and capacity networking solutions to the global media, content and carrier markets.

“The large number of networks and content platforms present at Interxion’s Copenhagen campus makes it an efficient location for AEC-2 to interconnect with our target customers,” said Nigel Bayliff, CEO of Aqua Comms. “The investment Interxion is making to develop its campus in Copenhagen aligns with the growth in demand we are seeing for highly resilient network capacity between northern Europe and the U.S”.

AEC-2 will complement Aqua Comms’ existing transatlantic cable, AEC-1, and deliver on its vision of creating a “North Atlantic Loop”, a resilient dual-path network across the Atlantic. This will be further enhanced by North Sea Connect (NSC) from Denmark to the UK and Celtix-Connect-2 (CC-2) as a second Irish Sea cable crossing from the UK to Ireland, both of which will follow shortly after AEC-2.

“The AEC-1 subsea cable already extends to the Interxion facility in Dublin, so we are pleased to expand our collaboration with Aqua Comms on this new cable into Denmark,” said Peder Bank, Managing Director of Interxion, Nordics. “Our community of customers greatly value international capacity on diverse, modern and resilient routes which is exactly what the ring topology of the North Atlantic Loop provides. The system further strengthens Interxion’s position as the main Gateway to the Nordic Region”.

AEC-2 is scheduled to go live in the fourth quarter of 2019 and will more than double fiber connectivity to Denmark from the US, increasing the diversity and reliability of the Internet to the region. Aqua Comms investment in subsea cables to northern Europe complements Interxion’s increased investments in its Nordic data centers in Copenhagen and Stockholm.

HAVFRUE subsea cable to link NJ and Denmark with 108 Tbps capacity

TE SubCom will serve as the system supplier for HAFVRUE, a new subsea cable that will link New Jersey to the Jutland Peninsula of Denmark with a branch landing in County Mayo, Ireland. Optional branch extensions to Northern and Southern Norway are also included in the design.

The HAVFRU system will be owned and operated by multiple parties, including Aqua Comms, Bulk Infrastructure, Facebook, and others. Aqua Comms, the Irish cable owner/operator and carriers’ carrier, will serve as the system operator and landing party in U.S.A., Ireland, and Denmark. Bulk Infrastructure of Norway will be the owner and landing party for the Norwegian branch options.

The HAFVRUE subsea cable system will be optimized for coherent transmission and will offer a cross-sectional cable capacity of 108Tbps, scalable to higher capacities utilizing future generation SLTE technology. SubCom will incorporate their Wavelength Selective Switching Reconfigurable Optical Add Drop Multiplexer (WSS-ROADM) for flexible wavelength allocation over the system design life. It is the first new cable system in almost two decades that will traverse the North Atlantic to connect mainland Northern Europe to the U.S.A.

HAVFRUE is the Danish word for mermaid.

Preparation work is underway and system ready-for-service (RFS) is expected in Q4 2019.

“The HAVFRUE cable will provide state-of-the-art connectivity for increasing needs of users, ranging from individual consumers to businesses and the research community. SubCom is proud to be selected as the supplier for this project,” said Sanjay Chowbey, president of TE SubCom.

Google joins Havfrue and HK-G subsea cable projects

Google announced its participation in the HAVFRUE subsea cable project across the north Atlantic and in the Hong Kong to Guam cable system, both of which are expected to enter service in 2019.

In addition, Google confirmed that it is on-track to open cloud regions (data centers) in the Netherlands and Montreal this calendar quarter, followed by Los Angeles, Finland and Hong Kong.

HAVFRUE is the newly-announced new subsea cable project that will link New Jersey to the Jutland Peninsula of Denmark with a branch landing in County Mayo, Ireland. Optional branch extensions to Northern and Southern Norway are also included in the design. The HAVFRU system will be owned and operated by multiple parties, including Aqua Comms, Bulk Infrastructure, Facebook, Google and others. Aqua Comms, the Irish cable owner/operator and carriers’ carrier, will serve as the system operator and landing party in U.S.A., Ireland, and Denmark. Bulk Infrastructure of Norway will be the owner and landing party for the Norwegian branch options. The HAFVRUE subsea cable system will be optimized for coherent transmission and will offer a cross-sectional cable capacity of 108Tbps, scalable to higher capacities utilizing future generation SLTE technology. SubCom will incorporate their Wavelength Selective Switching Reconfigurable Optical Add Drop Multiplexer (WSS-ROADM) for flexible wavelength allocation over the system design life. It is the first new cable system in almost two decades that will traverse the North Atlantic to connect mainland Northern Europe to the U.S.A. TE Subcom is the system supplier.

The 3,900 kilometer Hong Kong - Guam Cable system (HK-G) will offer 48 Tbps of design capacity when it comes into service in late 2019. It features 100G optical transmission capabilities and is being built by RTI Connectivity Pte. Ltd. (RTI-C) and NEC Corporation with capital from the Fund Corporation for the Overseas Development of Japan's ICT and Postal Services Inc. (Japan ICT Fund), along with syndicated loans from Japanese institutions including NEC Capital Solutions Limited, among others. In Hong Kong, the cable is slated to land in Tseung Kwan O (TKO) and will land in Piti, Guam at the recently completed Teleguam Holdings LLC (GTA) cable landing station. HK-G will land in the same facility as the Southeast Asia - United States Cable System (SEA-US).

Google also noted its direct investment in 11 cables, including those planned or under construction:

Cable            Year in service             Landings
Curie             2019                            US, Chile
Havfrue         2019                            US, IE, DK
HK-G            2019                            HK, GU
Indigo            2019                            SG, ID, AU
PLCN            2019                            HK, LA
Tannat            2018                           BR, UY
Junior            2018                            Rio, Santos
Monet            2017                            US, BR
FASTER        2016                            US, JP, TW
SJC                2013                            JP, HK, SG
UNITY          2010                            US, JP



Thursday, May 9, 2019

Interxion reports continued data center demand in Europe

Interxion reported Q1 2019 revenue of €151.5 million, a 13% increase over the first quarter of 2018 and a 3% increase over the fourth quarter of 2018. Recurring revenue was €145.3 million, a 14% increase over the first quarter of 2018 and a 4% increase over the fourth quarter of 2018. Recurring revenue in the first quarter represented 96% of total revenue. Net income decreased by 28% to €8.4 million (1Q 2018: €11.7 million).

“Interxion continues to experience strong demand in Europe, with the cloud and content platforms continuing to expand across our pan-European footprint, driving 14% recurring revenue growth in the first quarter and providing support for our ongoing expansion program,” said David Ruberg, Interxion’s Chief Executive Officer. “Interxion’s highly-connected data centres and value-enhancing communities of interest continue to attract mission-critical and latency sensitive applications, contributing to sustainable attractive returns for our shareholders.”


Operating Highlights


  • Equipped space increased by 3,500 square metres during the quarter to 148,300 square metres.
  • Revenue generating space increased by 4,000 square metres during the quarter to 119,000 square metres.
  • Utilisation rate at the end of the quarter was 80%.
  • During the first quarter, Interxion completed the following capacity additions:
  • 2,600 sqm in Frankfurt;
  • 300 sqm in London; and
  • 300 sqm in Dusseldorf.
  • In April, Interxion acquired a 40% equity interest in Icolo Ltd., a Kenyan data centre operator.


Wednesday, March 6, 2019

Interxion posts 15% growth in full year revenue

InterXion reported revenue in the fourth quarter of 2018 of €146.9 million, a 13% increase from the fourth quarter of 2017 and a 3% increase from the third quarter of 2018. Recurring revenue was €139.7 million, a 13% increase from the fourth quarter of 2017 and a 4% increase from the third quarter of 2018. Recurring revenue in the fourth quarter represented 95% of total revenue. On an organic constant currency basis, revenue in the fourth quarter of 2018 was 13% higher than in the fourth quarter of 2017 and 3% higher than in the third quarter of 2018.

Gross profit was €89.7 million in the fourth quarter of 2018, an 11% increase from the fourth quarter of 2017 and a 4% increase from the third quarter of 2018. Gross profit margin was 61.1% in the fourth quarter of 2018, compared to 62.4% in the fourth quarter of 2017 and 60.7% in the third quarter of 2018.

Operating Highlights

  • Equipped space4 increased by 4,500 square meters in the fourth quarter and 22,300 square meters in the full year to 144,800 square meters.
  • Revenue generating space4 increased by 3,800 square meters in the fourth quarter and 15,200 square meters in the full year to 115,000 square meters.
  • Utilization rate was 79% at the end of 2018.
  • During the fourth quarter of 2018, Interxion completed the following expansions:
  • 2,700 sqm expansion in Amsterdam;
  • 1,500 sqm expansion in Paris; and,
  • 300 sqm expansion in Frankfurt.

"Our highly-connected data centres continue to attract strong demand from all customer segments, resulting in solid booking trends across our European footprint," said David Ruberg, Interxion’s Chief Executive Officer. "The underlying drivers of this growth are secular in nature, reflecting the widespread adoption of digital technologies by consumers and enterprises alike. The cloud and content platforms continue to lead the way, which in turn, require larger infrastructure capacities for core and edge deployments. We are still in the early stages of this transformation and believe there is a substantial opportunity ahead of us."

Thursday, November 1, 2018

Interxion's European data centres at 79% utilisation after big expansion

Interxion, which operates more than 50 data centres in 11 European countries, cited growing demand from major cloud and content platforms as the key driver for its business in Q3 2018.
The company serves over 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms across its footprint,

Interxion reported that its data centre utilisation rate, which is the ratio of revenue-generating space to equipped space, was 79% at the end of the third quarter of 2018, compared with 82% at the end of the third quarter of 2017 and 80% at the end of the second quarter of 2018.

Although the utilisation rate is slightly lower than a year ago, the completed major expansions of its facilities over the past year. Equipped space at the end of the third quarter of 2018 was 140,300 square metres, compared with 118,900 square metres at the end of the third quarter of 20176 and 132,600 square metres at the end of the second quarter of 2018.

“Growing demand from the major cloud and content platforms for Interxion’s highly-connected data centres is driving strong bookings and steady revenue growth,” said David Ruberg, Interxion’s Chief Executive Officer. “The underlying demand drivers are secular in nature and, accordingly, we have enhanced our balance sheet and expanded capacity in key markets to meet this demand.”

During the third quarter, Interxion completed the following capacity additions:

  • 3,300 sqm expansion across two data centres in Amsterdam;
  • 2,400 sqm expansion across two data centres in Frankfurt, including the opening of FRA13;
  • 600 sqm expansion in Marseille;
  • 1,200 sqm expansion in Vienna; and
  • 200 sqm expansion in Zurich.

Interxion's revenue in the third quarter of 2018 was €142.2 million, a 14% increase over the third quarter of 2017 and a 2% increase over the second quarter of 2018. Recurring revenue was €134.8 million, a 15% increase over the third quarter of 2017. Net income was €10.9 million in the third quarter of 2018, a 16% increase over the third quarter of 2017



  • In August, Interxion announced dedicated access to Google Cloud Platform (GCP) across its European footprint through Cloud Connect, Interxion’s multi-cloud interconnection platform. With Google Cloud deploying its Cloud Interconnect points of presence (PoPs) in Interxion’s Paris Marseille, Frankfurt and Stockholm data centres, customers can now directly connect to Google Cloud Platform from these locations. Moreover, because Interxion is a partner of Google Cloud’s newly launched Partner Interconnect service, customers can also connect from any of Interxion’s data centres across Europe via Cloud Connect. Customers using this service benefit from fully redundant, instant access to GCP from multiple metropolitan areas, ensuring a 99.99% availability SLA without the complexity and costs of having to build a networking solution themselves. 
  •  Interxion’s Cloud Connect already provides connectivity to Microsoft Azure, AWS, Oracle Cloud and IBM Cloud.

Tuesday, August 14, 2018

Interxion adds Google Cloud Interconnect PoPs across European network

Interxion announced dedicated access to Google Cloud Platform (GCP) across its European footprint through Cloud Connect, Interxion’s multi-cloud interconnection platform.

With Google Cloud deploying its Cloud Interconnect points of presence (PoPs) in Interxion’s Paris Marseille, Frankfurt and Stockholm data centres, customers can now directly connect to Google Cloud Platform from these locations. Moreover, because Interxion is a partner of Google Cloud’s newly launched Partner Interconnect service, customers can also connect from any of Interxion’s data centres across Europe via Cloud Connect. Customers using this service benefit from fully redundant, instant access to GCP from multiple metropolitan areas, ensuring a 99.99% availability SLA without the complexity and costs of having to build a networking solution themselves.

“We are seeing strong demand for private connectivity services to GCP as customers look to reap the benefits of Google Cloud's full portfolio of cloud services via a secure, performant and cost-efficient connection,” said Vincent in ’t Veld, vice president, platforms at Interxion. “By colocating at Interxion, businesses can interconnect their private cloud to Google Cloud, as well as to most other leading cloud platforms, making it easy to build hybrid or multi-cloud architectures.”

Interxion’s Cloud Connect already provides connectivity to Microsoft Azure, AWS, Oracle Cloud and IBM Cloud.

Sunday, May 20, 2018

Interxion opens second data center in Marseille

Interxion officially opened the first phase of MRS2, Interxion’s second data center in Marseille, which has become the Mediterranean capital for telecoms, cloud and digital exchanges. Its geographical position as the landing point for 13 submarine telecommunications cables is a significant advantage.

The new facility will help meet the growing demand from international connectivity and content providers, and cloud platforms wanting to use Marseille as a hub to deliver their services and applications to Europe and further afield to Africa, the Middle East and Asia.

MRS2 is located in re-furbished, former naval workshops at the Marseille Fos Port. It will be built in three phases which will offer customers 4,400 sqm of equippable space with over 7MW of available power. The first phase, which is now completed, consists of 700 sqm of equipable space, while the second will offer 1,900 sqm from the second quarter of 2019. The capital expenditure associated with the construction of MRS2 as a whole is expected to be approximately €76 million.

Together with MRS1, the new data center allows a campus configuration, giving customers diversity of routes to ensure the resilience of their networks, as well as capacity for further expansion.

“Opening MRS2 is an important second step for Interxion in developing Marseille as a digital hub,” said David Ruberg, Interxion CEO. “This investment in the heart of the Mediterranean will help us to respond to the growing demand of our customers who wish to expand to Marseille to develop their activity in Europe and to reach emerging markets in Africa, the Middle East and Asia.”

For Fabrice Coquio, Managing Director of Interxion France, “MRS2 is the continuation of what we started with MRS1 when Interxion acquired the facility in 2014. I am proud and honoured today to open this new data center, which is particularly notable due to its position within the grounds of Marseille Fos Port, forming, together with MRS1, the Interxion’s Marseille Campus. The number of telecom providers in Marseille is growing with the arrival of cloud and digital media platforms, confirming Marseille not only as a connectivity hub but as a content hub.”

Tuesday, May 1, 2018

Interxion plans new data centres in AMS and Frankfurt

Interxion announced new data centre builds in Amsterdam (“AMS10”) and Frankfurt (“FRA14”), together with an expansion at the Science Park facility (“AMS9.2”) and the acquisition of land and a building at the Schiphol-Rijk campus in Amsterdam. The company is raising its 2018 annual capital expenditure guidance to €365 million - €390 million to account for the additional spending.
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“Interxion is continuing to see a strong flow of opportunities across markets and customer segments and we are increasing our expansion programme to address this demand,” said David Ruberg, Interxion’s Chief Executive Officer. “Customers are recognising the value of our communities of interest and our trusted provider status for their mission critical applications. We are capturing deals from multiple customer segments, including connectivity, digital media, Cloud platforms and enterprises, and across the size spectrum. Of the announced phases in AMS9.2, AMS10 and FRA14, approximately 25% of the capacity is pre-sold.”

Wednesday, March 7, 2018

Interxion reports continued growth for European data centres

Interxion reported Q4 2017 revenue of 2017 of €29.9 million, an 18% increase over the fourth quarter of 2016 and a 4% increase over the third quarter of 2017. Recurring revenue was €123.4 million, a 19% increase over the fourth quarter of 2016 and a 5% increase over the third quarter of 2017. Recurring revenue in the fourth quarter represented 95% of total revenue. On an organic constant currency5 basis, revenue in the fourth quarter of 2017 was 17% higher than in the fourth quarter of 2016 and 4% higher than in the third quarter of 2017.

Gross profit was €81.0 million in the fourth quarter of 2017, a 20% increase over the fourth quarter of 2016 and an 8% increase over the third quarter of 2017.

Operating Highlights

  • Equipped Space4 increased by 3,600 square metres in the fourth quarter and 11,700 square metres for the full year to 122,500 square metres.
  • Revenue Generating Space4 increased by 2,700 square metres in the fourth quarter and 12,600 square metres for the full year to 99,800 square metres.
  • Utilisation Rate was 81% at the end of the year.
  • During the fourth quarter, Interxion opened a new data centre in Frankfurt. In addition, Interxion completed the following expansions:
  • 700 sqm expansion in Zurich;
  • 300 sqm expansion in Vienna; and
  • 200 sqm expansion in Stockholm.
  • Interxion today announces a 500 sqm expansion in Paris.

“Interxion’s fourth quarter results conclude another year of strong performance, with 18% revenue growth for the quarter and 16% revenue growth for full year 2017,” said David Ruberg, Interxion’s Chief Executive Officer. “These results reflect Interxion’s consistent strategic and operational execution, our success in capturing the broad-based demand for our colocation services across our European footprint and the increasing value that our customers receive from our communities of interest strategy. Looking ahead, we are continuing to see positive growth drivers, including cloud platform providers expanding their infrastructure across our European footprint, and emerging enterprise hybrid cloud adoption.”

  • Earlier this year, Interxion announced new expansion projects in seven cities across Europe to meet rising demand. The expansion will be funded with cash and committed loans.

Tuesday, January 9, 2018

Interxion announces European data center expansions

Interxion announced new expansion projects in seven cities across Europe to meet rising demand. The expansion will be funded with cash and committed loans.

Highlights of the projects:

  • In Amsterdam, Interxion will complete the remaining four phases of AMS8, totaling approximately 5,300 square meters (sqm) of equipped space and 10 MW of customer-available power when fully built out. The first two phases are scheduled to open in 4Q 2018 and the final two phases are scheduled to open in 1Q 2019. CAPEX for the remaining phases of AMS8 is approximately €63 million. Interxion has also acquired approximately 22,000 sqm of land adjacent to AMS8.
  • In Paris, Interxion will complete its PAR7 data center by adding an additional 2,000 sqm of equipped space and 4 MW of customer available power as well as upgrading the existing PAR7 power infrastructure. CAPEX is approximately €44 million.
  • In Vienna, in addition to the 1,600 sqm currently under construction and scheduled to be delivered by 3Q 2018, Interxion will add a further approximately 2,000 sqm scheduled for delivery by 3Q 2019. CAPEX is approximately €40 million.
  • In Madrid, Interxion will construct its third data center in a single 2,500 sqm phase with 5 MW of customer available power when fully built out. MAD3 is close to Interxion’s existing campus on land that Interxion intends to purchase in 1Q 2018 and is expected to open in 2Q 2019. MAD3 will be connected redundantly to the existing and proprietary campus fiber ring, providing access to over 80 carriers, ISPs, CDNs, and the ESpanix and DE-CIX Internet exchanges. CAPEX associated with MAD3, including the property purchase, is expected to be approximately €44 million.
  • In Copenhagen, Interxion will expand CPH2, with 900 sqm scheduled to open in 2Q 2018 and 600 sqm in 1Q 2019. CAPEX is approximately €18 million.
  • In Stockholm, Interxion will expand STO5 in two phases that will add approximately 400 sqm in 2Q 2018 and 800 sqm in 1Q 2019. CAPEX is expected to be approximately €18 million.
  • In Brussels, Interxion will add BRU2 which includes approximately 1,000 sqm of equipped space and 1 MW of customer available power. The new facility is scheduled for availability in 1Q 2018, and connects directly via dedicated fiber to the existing facilities at BRU1, providing access to over 100 connectivity providers, and the BNIX, NL-ix, AMS-IX, LINX, and DE-CIX internet exchanges. CAPEX is approximately €3 million.
“The increased pace of cloud adoption combined with an improving economy in Europe continues to drive broad-based demand for our colocation services across our entire footprint,” said David Ruberg, Interxion’s Chief Executive Officer. “With continuing demand from multiple communities of interest, these investments will allow us to meet the needs of our expanding customer base by adding approximately 15,500 square metres of equipped space. When combined with previously announced expansion projects, Interxion now has active expansion projects across its entire 11 country footprint totalling over 33,000 square metres which will increase the Company’s equipped space by over 25% compared to the end of 3Q 2017.”

Thursday, November 2, 2017

Interxion posts 18% year over year revenue growth in Q3

Interxion reported Q3 revenue of €124.6 million, up 18% over the same period last year. Recurring revenue increased by 17% to €117.4 million. Net income decreased by 4% to €10.1 million and adjusted net income2 increased by 24% to €10.7 million.

Operational highlights
Equipped space4 increased by 1,900 square metres in the quarter to 118,900 square metres.
Revenue generating space4 increased by 2,100 square metres in the quarter to 97,100 square metres.
Utilisation rate at the end of the quarter was 82%.
During the third quarter, Interxion completed the following major expansions: 1,100 sqm expansion in Frankfurt, 300 sqm expansion in Stockholm, and 400 sqm expansion in Zurich.
Revenue generating space at the end of the third quarter of 2017 was 97,100 square metres, compared with 84,100 square metres at the end of the third quarter of 2016 and 95,000 square metres at the end of the second quarter of 2017.

“Interxion delivered strong financial and operational results in the third quarter, with 18% revenue growth year-over-year, driven by 21% revenue growth in our Big 4 markets and 14% growth in the Rest of Europe,” said David Ruberg, Interxion’s Chief Executive Officer. “Strong and well diversified bookings in the quarter confirmed the value of our communities of interest and reflect the growing demand that we are experiencing across our European footprint and in our target segments. Consequently, we are increasing our full year revenue guidance and narrowing Adjusted EBITDA guidance to the top end of our previously announced range.”


Tuesday, August 1, 2017

Interxion to build new data centres in Frankfurt and Marseille

Amsterdam-based Interxion Holding, a European provider of carrier and cloud-neutral colocation data centre services, announced it plans to construct new data centres in Frankfurt (FRA13) and Marseille (MRS2) and to further expand its facility in Vienna.

Frankfurt

As part of the expansion program, FRA13 will be built in two phases, providing 4,800 sq metres of equipped space and 10 MW of customer-available power when fully built out. The first phase of FRA13, which will provide approximately 2,300 sq metres, is scheduled to open in the fourth quarter of 2018. The second phase, which will provide approximately 2,500 sq metres, is scheduled to open in the first quarter of 2019.

Interxion stated that the capital expenditure associated with the FRA13 project is expected to total approximately Euro 90 million.

Marseille

Interxion noted that its Marseille data centre serves as a key gateway between Europe, the Middle East, Africa and Asia, and that the increased network capacity resulting from recent subsea cable landings has strengthened that position.

MRS2 will be constructed in three phases, providing a total of 4,300 sq metres of equipped space and over 7 MW of customer available power when fully built out. The first phase will add approximately 900 sq metres and is scheduled to open in the first quarter of 2018. Phase two will add approximately 1,800 sq metres of space and is scheduled to open in the third quarter of 2018.

The capital expenditure associated with MRS2 is estimated at a total of approximately Euro 76 million.

Vienna


  • Interxion noted that Vienna is a key gateway market, providing cloud and connectivity services to Central and Eastern Europe. For the expansion, it will add another two phases (VIE2.7 and VIE2.8) together with upgraded power for its VIE2 data centre. When completed, the phases will add around 2,300 sq metres and 6 MW of customer power. The initial 300 sq metres is due to become available in the fourth quarter of 2017, with another 700 sq metres to be available in the second quarter of 2018 and another 600 sq metres in the third quarter of 2018.

The capital expenditure associated with the expansion of VIE2 is expected to total approximately Euro 45 million.

Interxion provides carrier and cloud-neutral colocation data centre services across Europe for a range of customers leveraging 45 data centres in 11 European countries.



In February 2017, Interxion announced that it was expanding its London campus, with a GBP 30 million investment in a third London data centre, LON3, and that it would build additional data centres in Frankfurt and Stockholm. In Frankfurt it announced plans to construct its FRA12 facility, and in Stockholm its new STO5 data centre.


Wednesday, March 1, 2017

Interxion's Data Center Sales Grow 10% YoY, New Facilities Come Online

Interxion's revenue for the fourth quarter of 2016 was €110.5 million, a 10% increase over the fourth quarter of 2015 and a 5% increase over the third quarter of 2016.  Gross profit was €67.5 million in the fourth quarter of 2016, a 10% increase over the fourth quarter of 2015 and a 5% increase over the third quarter of 2016.

Some operational highlights:

  • Equipped Space increased by 3,000 square metres in the fourth quarter and 9,600 square metres for the full year to 110,800 square metres
  • Revenue Generating Space increased by 3,100 square metres in the fourth quarter and 8,100 square metres for the full year to 87,200 square metres
  • Utilisation Rate was 79% at the end of the year
  • During the fourth quarter, Interxion opened two new data centres: the first phase of its AMS8 data centre in Amsterdam, and the first two phases of its DUB3 data centre in Dublin. In addition, Interxion opened a 500 sqm expansion at its PAR7 data centre in Paris.

“Interxion continued its momentum into the fourth quarter, capping 2016 with double digit annual growth for revenues and Adjusted EBITDA, and solid margin improvement. We experienced growth across our key target segments, and we saw a continuation of strong bookings across all deal sizes,” said David Ruberg, Interxion’s Chief Executive Officer. ”Customers value our services, which are located in the main connectivity hubs across Europe, as they seek network-dense facilities where they create business value by gaining access to our vibrant Communities of Interest.”

http://www.internexion.com

Monday, September 21, 2015

Interxion Brings AWS Direct Connect to Frankfurt Data Center

Amazon Web Services (AWS) has launched a new Direct Connect location at Interxion’s Frankfurt facility, enabling customers to achieve secure and high performance private network connections to AWS.

Customers can now connect directly to AWS through Interxion’s Cloud Connect platform, in addition to the traditional cross connect option. Cloud Connect enables customers to build and manage private, secure and high-performance VLAN connections to multiple clouds over a single physical SLA based connection.

http://www.interxion.com/about-us/news/amazon-web-services-aws-direct-connect-now-available-at-interxion-frankfurt/


Interxion's Lex Coors on Data Center Efficiency

Interxion, which operates 40 data centres in 11 European countries. has a special focus on energy efficiency, says Lex Coors, VP DTEG & Chief Engineering Officer.

One of the fronts of activity is developing Best Practices for Data Center Energy Efficiency, including the effort to increase the allowable operating temperatures inside the facility. Equipment vendors are moving in this direction, says Coors, but vendors still specify that these peak temperatures be spread out in time rather than occurring all at once.

See video: https://youtu.be/qz_0w1fDqAI

 


Thursday, May 7, 2015

Equinix May Bid for Telecity

Equinix confirmed that it is in preliminary discussions with the Board of TelecityGroup regarding a possible cash and share offer for the company.

Equinix said that in the United Kingdom, the acquisition of TelecityGroup would add capacity in Central London and Docklands that would complement the focus of Equinix’s current operations in Slough. Additionally, the acquisition would add capacity in several of Equinix’s current locations throughout Europe, and extend Equinix’s footprint into new locations with identified cloud and interconnection needs including Dublin, Helsinki, Istanbul, Milan, Stockholm and Warsaw.

Telecity confirmed that it continues to progress the proposed merger agreement with Interxion announced earlier this year.
http://www.telecitygroup.com/our-company/news/2015/first-quarter-2015-trading-update.htm
http://www.equinix.com


In February 2015, TelecityGroup plc and Interxion, both leading operators of data centers across Europe, announced plans for a merger. 

Under the deal, Interxion shareholders would receive 2.3386 new TelecityGroup shares per Interxion share. As a result, Interxion shareholders would own approximately 45%, and TelecityGroup shareholders approximately 55%, of the combined group. The primary listing for the combined group would be in London with a New York Stock Exchange listing for TelecityGroup’s existing ADR programme.

TelecityGroup, headquartered in the United Kingdom, operates 39 data centers in key European cities. It has annual turnover of £349 million.

Interxion, which is based in Amsterdam, operates 39 data centres across 11 countries.  It has annual turnover of £274 million.

Wednesday, March 18, 2015

Zayo Teams Up with Interxion for Expansion in Ireland

Zayo has selected Interxion Dublin to become the first site in Zayo’s newly expanded, long-haul European network. The companies said this expansion will provide Interxion’s customers in Dublin with high speed links into major UK cities as well as into Frankfurt, Amsterdam, Paris and cities in 45 states in the U.S. via Zayo’s existing global routes. Customers will have access to wavelength services of up to 100G and the opportunity to utilise Zayo’s full portfolio of services.

Zayo’s online pricing and ordering platform, Tranzact, will allow Interxion customers to commission direct links between Interxion Dublin and leading public cloud services. The innovative platform enables quotes to be generated, orders to be placed, and provides an overview of commissioned services. This capability simplifies the process of interconnecting cloud services to build hybrid business platforms.

”This agreement will enable us to provide services to a wider customer base and continue to support the mission critical services our customers demand,” Alastair Kane, European vice president for Zayo, added. “Through our recent network expansion we are able to support Interxion’s customers in gaining the maximum benefit from public cloud services and connections to hundreds of locations globally. Based on Interxion’s real time responsiveness, flexibility, and ability to understand our long term plans, we look forward to working together to provide customers with comprehensive services to support business needs.”

http://www.zayo.com
http://ww.interxion.com

Wednesday, February 11, 2015

Telecity and Interxion to Merge their European Data Center Operations

TelecityGroup plc and Interxion, both leading operators of data centers across Europe, have agreed to a merger.

Under the deal, Interxion shareholders would receive 2.3386 new TelecityGroup shares per Interxion share. As a result, Interxion shareholders would own approximately 45%, and TelecityGroup shareholders approximately 55%, of the combined group. The primary listing for the combined group would be in London with a New York Stock Exchange listing for TelecityGroup’s existing ADR programme

TelecityGroup, headquartered in the United Kingdom, operates 39 data centers in key European cities. It has annual turnover of £349 million.

Interxion, which is based in Amsterdam, operates 39 data centres across 11 countries.  It has annual turnover of £274 million.

The companies cited significant synergy potential. Incremental EBITDA from cost synergies and enhanced growth opportunities are estimated by TelecityGroup to be approximately £40m per year and capital expenditure synergies are estimated by TelecityGroup to have a net present value of approximately £300m. In total, this equates to a net present value of total synergies of approximately £600m.

John Hughes would be Chairman of the combined group, with John Baker as Deputy Chairman. David Ruberg would be appointed Chief Executive Officer of the combined group for a period of 12 months following completion of the transaction. He would lead the new, combined group and launch this exciting new phase for both TelecityGroup and Interxion. Eric Hageman would be appointed Chief Financial Officer. The board of the combined group would comprise a balance of independent non-executive directors from both TelecityGroup and Interxion.

Interxion Chairman John Baker said: “I believe that the combination of InterXion and Telecity represents an attractive value creation opportunity for our shareholders, with improved access to capital markets, reduced cost of capital and a strong balance sheet.”

http://www.interxion.com/
http://www.telecitygroup.com/

See also