Friday Bytes: Boldyn, DataBank, EXA, Macquarie Telecom

Two financial moves and two upgrade projects:

Boldyn Networks has tapped the credit markets to the tune of $1.2B. The new notes and credit facilities will go toward capital investment as the company expands its US footprint to more venues and campuses of all types. CIBC supported the move as CIBC as Exclusive Financial Advisor, Left Lead Arranger and Administrative Agent and Sole Lead Placement Agent.

DataBank has raised some additional capital as well. Following an oversubscribed $2B offering in October, TJC has made an equity investment of $250M, joining the company’s investor group. In addition there was a secondary share offering in which participants acquired $600M in shares from existing investors.

Teraswitch has tapped EXA Infrastructure to help upgrade its global network. By partnering with EXA they are switching up from 100GE waves to leverage 400GE connectivity in response to demand. The deal also suggests a territorial expansion on Teraswitch’s part, given its US-based current network and EXA’s infrastructure under the Atlantic and in Europe and Asia.

And Macquarie Telecom has picked up some new cloud and data center business in Australia and southeast Asia. The mining and energy company Callidus will be leveraging Macquarie’s infrastructure as it prepares for 3D AI tech, ESG, and cyber reporting to support its activities in both Australia and new markets like Papua New Guinea. Callidus is also looking to leverage SASE and other security capabilities going forward.

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: Cloud Computing · Datacenter · Financials · Internet Backbones