Super port in Europe develops, acquires German Internet Exchange ECIX and Bulgarian OM-NIX

17:40
Super port in Europe develops, acquires German Internet Exchange ECIX and Bulgarian OM-NIX -

super port (ASX: MP1), a company based in Australia and worldwide supplier of elastic interconnection services, has signed an agreement to acquire the German exchange operator Internet PEERING GmbH which operates under the brand ECIX, based in Berlin, Germany. Megaport also announced the acquisition of OM-NIX, based in Sofia, Bulgaria.

ECIX provides services to over 180 customers across its 30 Points-of-Presence (PoP) in Germany . Together, the acquisitions of ECIX and OM-NIX represent 48 European sites.

"Europe represents a tremendous opportunity for Megaport and acquiring PEERING GmbH gives us the depth in Germany, one of the largest economies in Europe where cloud services should grow significantly, "said Denver Maddux, CEO of megaport ." OM-NIX has extensive reach in Eastern Europe and the Balkans, and by combining these acquisitions with the megaport original building footprint, we now have the extraordinary opportunity to expand our Elastic interconnection across Europe. "

megaport sdn interconnection These acquisitions coincided with megaport now officially launch its platform interconnection elastic in Europe, "added Maddox M .. ." as announced in the listing prospectus of December 2015 the Megaport Stretch is now available in nine sites across London, Dublin, Stockholm and Amsterdam an additional four sites due to come online in the coming weeks. "

Details European launch of super port and acquisitions :.

  • European footprint combined in 13 countries across 19 cities and 57 locations with these acquisitions representing 48 of those
  • combined acquisition cost of $ 3.1M with combined estimated AUD annualized revenue of AUD $ 4.5M and acquisitions are accretive earnings
  • acquisitions are all cash funded from current cash reserves
  • acquisitions combined 180+ customers make
  • core PEERING GmbH management team will remain as managers of the combined operation

"This service footprint will provide our customers and partners existing cloud connection and exchange capabilities via internet virtual services megaport Cross Connect (VXCs) and Internet exchange services, "added Maddox M .. . "The Internet ECIX Exchange Service has become one of the top platforms in Europe IX. I could not be happier to welcome ECIX and OM-NIX Megaport the family"

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