MEGAPORT TO WORK WITH GLOBAL IT COMPANY DIGITAL REALTY ON NEW PRODUCT ROLLOUT

Written on the 23 September 2016 by James Perkins

MEGAPORT TO WORK WITH GLOBAL IT COMPANY DIGITAL REALTY ON NEW PRODUCT ROLLOUT MEGAPORT (ASX: MP1) will provide its hardware to San Fransisco-based Digital Realty (NYSE: DLR) as it rolls out a new product globally, it announced today.

The Brisbane-based company will provide its SDN based elastic fabric interconnection to Digital Realty to launch Service Exchange, which will allow customers to access multiple virtual private connections through one port.

Megaport Chief Executive Officer, Denver Maddux, says it is a "pioneering initiative".

"Service Exchange is fully integrated with Megaport's ubiquitous elastic fabric, which enables Digital Realty customers around the world to easily access the newest interconnection services and cloud network solutions," says Maddux.

"Digital Realty has a longstanding tradition of enabling rapid scalability through its global infrastructure platform, and these benefits are now being complemented by Megaport's similarly scalable interconnection platform.

"The combination of these capabilities creates an innovative offering for the industry."

Service Exchange will be available in 24 data centres across 15 markets by mid 2017, beginning with Atlanta, Chicago, Dallas, Los Angeles, New York, San Fransisco, Seattle and Ashburn in the fourth quarter of this year.

Further, the service will be rolled out in Amsterdam, Dublin, Miami, Singapore and Portland in the second quarter of 2017.

Megaport shares are trading up 4.90 per cent this morning, at $3.20 each.

Digital Realty is a global provider of data centre, colocation and interconnection solutions. The company's shares are trading up 2.72 per cent, at $98.09 per share, on the NYSE today.



Author: James Perkins Connect via: Twitter LinkedIn

Latest News

ASF UNVEILS TRAFFIC PLANS FOR THE SPIT

A SECOND bridge over the Nerang River is the centrepiece of the ASF Consortium's plan to improve traffic flow ...

BHP AND VALE EDGE CLOSER TO $47.5 BILLION SAMARCO DAM DISASTER SETTLEMENT

BHP Billiton (ASX: BHP) and Brazilian mining company Vale have entered into a preliminary agreement with Brazilian fe...

BLK SPORT FOUNDER TYRON BRANT REMAINS CEO UNDER NEW OWNERS

BLK Sport has been purchased from receivers McGrathNicol by a private consortium composed of a TimorLeste-based oi...

CARSALES CEO RETIRES AS NEW COMPETITOR COX FINALISES MERGER

CARSALES will have a new CEO as it takes on a fresh challenger to its crown as the dominant online car sales portal i...

Related News

CARSALES CEO RETIRES AS NEW COMPETITOR COX FINALISES MERGER

CARSALES will have a new CEO as it takes on a fresh challenger to its crown as the dominant online car sales portal i...

BUSINESS CONFIDENCE AT A SIX-YEAR HIGH

SMALL and medium businesses have entered 2017 with their confidence at a six-year high, building on strong gains m...

CONSUMERS PESSIMISTIC ENTERING 2017

CONSUMER confidence remains at its weakest point since April 2016, according to the latest Westpac Melbourne Institut...

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter