Zayo reported that its revenue rose 4 percent sequentially to $323.9 million in its second fiscal quarter. The news comes as the company plots for potential future growth via its recent acquisitions of IdeaTek and Latisys.
Zayo is continuing its ongoing buying spree to enhance its data center portfolio by reaching a deal to acquire colocation and infrastructure as a service (IaaS) provider Latisys for $675 million.
Equinix has taken another step toward providing more cloud services to enterprises through its growing network of data centers by adding CloudSigma, an Infrastructure-as-a-Service (IaaS) provider, to its Cloud Exchange.
While Amazon Web Services (AWS) may be the top cloud provider, it appears that its grip on the market is slipping while rivals Microsoft and IBM are driving new growth, according to Synergy Research Group.
Cisco and Dimension Data announced that they are expanding their long-standing relationship with a focus on driving businesses' movement to a hybrid cloud environment.
Amazon, Salesforce and IBM have become the three companies to beat in the growing infrastructure as a service (IaaS) and platform as a service (PaaS) segments of the cloud market, according to Synergy Research's fourth-quater 2013 report.
Internap, an IT and managed service provider, is enhancing its SMB Infrastructure as a Service capabilities by acquiring cloud provider iWeb for about $145 million.
The optical WDM (wavelength division multiplexing) equipment market segment saw its third consecutive quarter of growth, Infonetics Research said, recording $2.6 billion in sales for Q1 2013 and up 10 percent year-over-year.
EdgeConneX, which provides Infrastructure as a Service (IaaS), said it will deploy an outdoor small cell network in Vermont for CoverageCo, a provider of carrier- and technology-neutral cellular coverage services to underserved markets.
Sprint is taking its partnership with CSC to another level with the introduction of its new infrastructure-as-a-service (IaaS) service called CloudCompute.