Feeds

Vocus buys Perth data centre

Acquisition hunger mounts

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

ASX listed data centre provider Vocus Communications is expanding its footprint to Perth, entering into negotiations to buy Perth data centre operator PerthiX.

Vocus has paid an upfront consideration of $6.275m in cash with an additional performance earn out of up to $725,000 should the business exceed FY12 forecasts.

Vocus unveiled its first datacentre in Sydney in December which it inherited through its $5.9 million acquisition of E3 Networks The transaction includes PerthiX’s 86 customers, most of which are carriers and ISPs.

PerthiX claims that the data centre currently at 95% occupancy, “client retention at an all time high, PerthiX is in excellent health, and poised to continue its success.”

The co-location facility has a strong brand in Perth, and provides Vocus with a data centre in one of Australia's fastest growing markets and close proximity to Asian clients.

The Perth iX facility was launched in 2001 at a cost of approximately $3.6 million, according to the company. It has subsequently gone through some infrastructure upgrades worth $1.4 million. The acquisition will be funded from existing cash reserves.

PerthIX's General Manager, Adam Gardner, will continue to lead the Perth team who will be integrated into the Vocus technical and operational teams. ®

Internet Security Threat Report 2014

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.