IIX Inc., a global software defined interconnection, acquired IX limited - a global network solutions provider and partner to major Internet exchange points around the world. Financial terms of the acquisition agreement were not disclosed. At the same time, the company announced that it has secured $ 20 million in funding TriplePoint Capital.
With this acquisition, the combined organizations expand their global footprint interconnection to over 150 points of presence (PoP) in various regions of North America, Europe, the Middle East and in Asia. The expansion will also provide software defined platform interconnection IIX ( SDI platform ) in many markets worldwide, enabling secure direct network connections between programmable and content providers , the cloud applications and other enterprises suppliers.
Stephen Wilcox, founder and CEO of IX Reach, was named President of EMEA and Chief IIX global networks . He brings over 17 years of management experience in the technology sector to society. Mr. Wilcox led the global expansion of range IX in several regions, including Europe, North America, Middle East and Asia.
In addition to the foundation Range IX in 07, Wilcox previously held various management positions with companies such as Google, Renesys, Telecomplete and U-NET. He also served 10 years of the London Internet Exchange Board.
of Cloud application providers
"IX range has become an industry leader in global interconnection solutions since its inception in 07," said Al Burgio, founder and CEO of IIX . "This acquisition expands our leadership team, accelerating our global expansion and brings the IIX software defined platform interconnection to other markets in the whole world."
"Financing TriplePoint Capital IIX will increase the speed of our global expansion of the ecosystem and provide simple, secure and programmable direct network connections between multiple content providers, application providers cloud and other companies, " added Al Burgio . "It demonstrates our strong support for software defined platform interconnection, which allows customers not only to expand their network reach throughout the world, but also to increase control over their networks and improve security. "
IIX headquartered in Silicon Valley , Calif. customers of the company include content providers, data center providers, Internet service providers (ISPs) , carriers and other companies worldwide.
TriplePoint capital is a global financing provider based in California Menlo Park, a high growth venture capital-backed businesses all along their life, providing funding for the custom debt, leasing and direct investment equity.
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