NTT continues global expansion, bags Netmagic
Posted by Ben Kolada on January 25, 2012
Contact: Ben Kolada NTT Communications has made another move in the Indian datacenter services market, this time taking a 74% stake in Netmagic Solutions. Netmagic provides managed hosting, colocation and infrastructure management services, among others, from seven datacenters throughout India. This is the latest in a growing line of transactions NTT has inked that have [...]
Are Internet infrastructure exits interconnected?
Posted by Ben Kolada on August 10, 2011
Contact: Ben Kolada Providing further proof that it’s a tough time to be on the market, much less come to market, GI Partners has opted to sell its Telx investment rather than battle through an IPO. The company’s sale to ABRY Partners and Berkshire Partners closes the books (at least for now) on a proposed [...]
freenet: getting paid to sell
Posted by Brenon Daly on December 3, 2009
Contact: Brenon Daly In a time when nearly all divestitures are done on the cheap, freenet’s recent sale of its mass-market hosting business Strato generated an unexpectedly rich return for the German telco. In fact, freenet more than doubled its money in the five years that it owned Strato. Back in December 2004, freenet handed [...]
Beijing: unsporting laws on M&A
Posted by Brenon Daly on August 8, 2008
The opening of the 2008 Beijing Summer Olympics today has the world’s sporting eyes on China. Of course, global dealmakers had their sights on the large (and growing) Chinese markets long before Beijing landed the Olympics. However, as my colleague Anita Cheung notes, those efforts suffered a setback last week when China passed the latest [...]
Ailing AOL no closer to a sale
Posted by admin on August 6, 2008
Time Warner lacks a sense of urgency in getting rid of AOL, which has been slumping for years. By the time the dial-up business actually gets sold, it’s going to be worth even less than it is today.