Sunday, December 21, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > General Computing > NTT Com...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, October 28, 2013
NTT Comm To Buy U.S.-based Cloud Computing And Data Center Firms


NTT Communications Corp has agreed to buy U.S. cloud computing firm Virtela Technology and data center services provider RagingWire Data Centers for a total transaction price of approximately $875 million.

The acquisition ($530 million) of Virtela Technology will allow NTT to offer data services globally without licensing cables and lines in individual markets.

Virtela, a 400-employee company headquartered in Denver, Colorado with global operations and delivery centers in the US, India and the Philippines, serves more than 500 customers worldwide.

The respective strengths of Virtela and NTT Com will be unified through the integration of their respective operations, services and networks to be introduced on a combined basis from 2014. Using Virtela's flexible service activation and management infrastructure will further enhance NTT Com's broadband network services in nearly every country of the world.

NTT Com will also upgrade its cloud-based network services with Virtela's network function virtualization (NFV) technology to virtualize the functions of customers' network equipment, such as firewalls and WAN accelerators.

NTT Com will also acquire approximately 80% equity interest in RagingWire for $350 million. RagingWire has annual revenues of approximately $85 million (USD), and a compounded annual growth rate of 30%. RagingWire?s founders and management team will continue to operate the company as a platform under the RagingWire brand and maintain a minority interest in the company.

The acquisition will more than double NTT Com's data center space in the US which will enable the company to respond to high demand for data center services in North America. NTT Com will also deploy RagingWire's patented technologies for the design and operation of scalable data centers.

RagingWire was founded in the year 2000 and has approximately 300 employees. The company has 650,000 square feet of data center space at its campuses in Sacramento, California, and Ashburn, Virginia. Both campuses are currently being expanded. In addition, RagingWire has begun construction of a new 150,000-square-foot data center in Sacramento, and will soon break ground on a 78-acre parcel of land in Ashburn, Virginia with designs to build 1,500,000 square feet of data center space.




Previous
Next
ZTE and China Telecom Set World Record in Terabit Optical Transmission        All News        LG Gets Curvy With The New G Flex Smartphone
ZTE and China Telecom Set World Record in Terabit Optical Transmission     General Computing News      Samsung Set To Produce 64-bit Exynos Chip

Get RSS feed Easy Print E-Mail this Message

Related News
IBM Patents Cloud Privacy Engine
IBM and Microsoft to Collaborate on Hybrid Cloud Solutions
Microsoft And Dell Puts Azure In A Box
OneDrive Now Supports 10 GB files, iCloud Drive Slashes Prices
Microsoft Cloud Service Azure Experienced Global Outage
IBM, ACS And AT&T Claim Breakthrough In Elastic Cloud-to Cloud Networking
NTT Docomo Replaces Phone SIMs With Portable Device
NTT DOCOMO To Trail 5g With Fujitsu, Ericsson
HP To Invest More Than $1 billion In Open Source Cloud Products
HP, Foxconn Partner On Cloud Servers
Google Cuts Cloud Computing Prices
Cisco To Spend $1 billion On Cloud Computing Service

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .