Feeds

Japanese giant NTT gobbles London data centre biz Gyron

'I sold that', insists Vince Cable. 'Me!'

Security for virtualized datacentres

NTT Communications has coughed an undisclosed financial fur ball to take a majority stake in data centre services provider Gyron.

The Hemel Hempstead-based Gyron sells colocation and connectivity services to large enterprises including Adobe, Symantec and music streaming outfit Spotify via a 3 MW server farm on the outskirts of London.

Under the terms of the deal, Gyron MD Robin Balen and ops director Ben Miller will retain a small stake and continue their current roles in the hosting company.

Balen said existing and future customers will benefit from the deal but failed to details the reasons for this.

Sinister yet ineffectual Secretary of State for Business and Innovation and Skills Vince Cable was on hand to provide a quote about the acquisition, claiming it confirms the UK as the "ICT hub of Europe".

Cable said he had met NTT CEO and president Akira Arima at the company HQ in Japan last summer in the aftermath of the earthquake to "reassure" the nation that Blighty's "door was open to do business with them".

"I am therefore delighted with today's announcement by NTT, which shows the strength of the trade ties between our two countries," he said.

Quite how fluffy eared Cable was able to convince the CEO to invest in the UK is open to debate, maybe there were translation issues that worked in his favour.

Gyron, which turned over £5.8m in 2001 compared to £3.5m in the previous and recorded an operating profit of £1.6m compared to £300,000, is building two additional data centres with a total capacity of 16 MW. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.