industry news
InfraVia acquires a
majority stake in
Next Generation Data
InfraVia Capital Partners (InfraVia) and UK data
centre operator Next Generation Data (NGD)
have announced the acquisition by InfraVia
European Fund III (InfraVia III) of a controlling
stake of NGD for an undisclosed amount.
NGD’s founders, Simon Taylor (chairman)
and Nick Razey (CEO), will remain significant
shareholders in the company.
NGD opened its flagship 750,000ft2 data
centre in south Wales in early 2010. The data
centre includes its own private connection to
the National SuperGrid with up to 180MW
of power (sufficient to power a city the size
of Bristol) generated from 100 per cent
renewable sources.
NGD has attracted large multi-national
clients including a number of major cloud
computing service providers. These require
secure, resilient and scalable data processing
and storage facilities for hosting cloud, Big Data
and high performance computing infrastructures.
Investment from InfraVia will enable NGD to
accelerate future growth: it will be used for the
expansion of existing UK data centre capacity,
including the addition of a second site and
connection of further high speed transatlantic
fibre communications networks. The funding
will also be made available for stepping up
international sales efforts, especially in North
America and Asia.
‘We have been impressed by the momentum
achieved by the management team and we
believe that NGD is ideally positioned to capture
further growth thanks to its unique offering,
flexible expansion potential and high quality
infrastructure,’ commented Vincent Levita,
founder and CEO of InfraVia. ‘We are delighted
to start the deployment of our third fund with
NGD and our ambition is to provide the company
with long term institutional capital to embark into
a new development phase.’
IP EXPO EUROPE ANNOUNCES 2016 EVENT
FOCUSING ON THE FUTURE OF THE TECHNOLOGY
INDUSTRY IN THE WAKE OF BREXIT
IP Expo Europe has launched its 2016 IT showcase, to take place on 5th-6th
October 2016 at ExCeL in London.
Following the success of last year’s event, IP Expo Europe has announced a
collection of influential speakers who will be holding keynotes over the two day event
focusing on the six themes of Cloud, Cyber Security, Networks and Infrastructure,
Data Analytics, DevOps, and new for 2016, Open Source.
In the wake of an elected Brexit, this year’s IP Expo Europe will explore how this
change will impact the current demand for tech skills with a look to the demands
of businesses in the future and the growth in technologies such as automation and
artificial intelligence (AI). It will answer the many questions that businesses may
have about the future of their companies through a series of seminars and speaker
programmes as well as address the fears that many IT professionals may have
regarding the future of the workplace.
With six sub-events under one roof, IP Expo Europe 2016 is expected to attract
a broad audience of enterprise IT professionals and enthusiasts to discuss how to
evolve their businesses into a more technical future that embraces advancements like
AI and network with other likeminded professionals in the industry.
Bradley Maule-ffinch, director of strategy for IP Expo Europe, commented, ‘After
record interest last year – 14,600 attendees across the two days – we are looking
forward to a real buzz of activity at IP Expo Europe 2016, driven by the wealth
of knowledge and future gazing our range of high profile speakers will provide, in
combination with the rise and adoption of emerging technologies in the enterprise.
We are also extremely excited to introduce the Open Source Europe sub-event,
which is sure to create excitement among the IT leaders and professionals.’
For further information and to register for free for IP Expo Europe 2016, please
visit: www.ipexpoeurope.com.
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