MEGAPORT HITS THE STATES

MEGAPORT HITS THE STATES
MEGAPORT has announced a mega US expansion, including a new headquarters and seven sites across the North American market.

The expansion of the software-based elastic interconnection provider, which is an offshoot of Bevan Slattery's NEXTDC (ASX: NXT), has a $10 million budget for 12 months and is due for completion by the end of 2015.

Megaport will open a US headquarters in San Francisco, and touch other markets including Seattle, Los Angeles, New York, Ashburn, Chicago and Dallas.

Seattle will be the first market to come online in September and operating expenses are expected to be recovered within the first twelve months.

Brynn Maddux (pictured), EVP of Americas & Europe for Megaport, says the expansion fits with the evolution of Megaport clients.

"Enterprise customers are demanding a better model for accessing cloud computing through network services and are looking for solutions that adapt and evolve with their business," says Maddux.

"The Megaport platform gives customers greater flexibility through better commercial terms and instant provisioning capabilities into the cloud, along with access to new data centres and services globally as we continue our expansion."

Maddux has a history in executing strategy and development globally for Microsoft, and was pivotal in the company's extension into India, South America, Eastern Europe and Australia.

Megaport has been on the up since its Australian launch in 2013, when it soon after expanded into New Zealand, Singapore and Hong Kong. It now provides on demand services to more than 200 network, content and cloud service providers.


Get our daily business news

Sign up to our free email news updates.

 
Finexia’s Childcare Income Fund secures ‘very strong’ rating from Foresight Analytics & Ratings
Partner Content
Private credit specialist Finexia Financial Group (ASX: FNX) has secured a “very...
Finexia
Advertisement

Related Stories

Macquarie Bank slapped with $10m fine after failing to monitor fraudulent transactions

Macquarie Bank slapped with $10m fine after failing to monitor fraudulent transactions

Financial services giant Macquarie Group's (ASX: MQG) bank...

Tritium charged down as administrators called in

Tritium charged down as administrators called in

Five months after attempting to turn its fortunes through jobs cuts...

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Just Wines acquires collapsed spirit subscription service Liquor Loot for $1.2m

Only eight months since rescuing non-alcoholic specialty store Sans...

UniSuper pumps $623m into Macquarie green energy and climate fund

UniSuper pumps $623m into Macquarie green energy and climate fund

One of the nation’s largest super funds, UniSuper, has commit...