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MEGAPORT LIMITED — Capital/Financing Update 2016
Jan 17, 2016
65363_rns_2016-01-17_fbc47d23-0242-4074-b042-30ababec45c3.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
Megaport signs alliance agreement with CyrusOne
Megaport Limited (ASX:MP1) is pleased to advise that its US subsidiary has entered into an alliance agreement with CyrusOne (NASDAQ: CONE) to deliver SDN-enabled, elastic interconnection and cloud exchange services in CyrusOne data centres in the United States.
This alliance expands Megaport’s services to 13 new locations in markets that include Austin, Dallas, Chicago, Cincinnati, Houston, Phoenix, Sterling (Northern Virginia), and San Antonio, among others.
Megaport CEO Denver Maddux said, “Our elastic fabric brings a whole new dimension to the growing demand for interconnectivity and peering services market by delivering truly dynamic connectivity capabilities. CyrusOne’s U.S. data centre portfolio complements our neutral interconnection fabric extremely well and rapidly expands our footprint in the United States.”
This announcement comes as Megaport has completed installation of 15 of its first-phase core footprint sites in the United States. The Chicago, Dallas, Los Angeles, New York City, Northern Virginia, Seattle, and Silicon Valley metros are live for services. The core footprint provides immediate access for new and existing customers to acquire connectivity from cloud and network service partners. Megaport is a Microsoft Azure ExpressRoute connectivity partner, Amazon AWS Direct Connect partner, Google Cloud Platform Carrier Interconnect partner, as well as an Amazon AWS Technology Partner.
About Megaport
Megaport is a global leader and pioneer in elastic interconnection. Since commencing operations in January 2014, Megaport has experienced strong growth and is already servicing over 200 customers in six markets in Australia, Singapore and Hong Kong. This growth has been driven by the continuing increase of data consumption as well as significant demand by enterprises in adopting cloud computing services. Megaport has been built by a management team with diverse and global operational experience building and operating networks outside of Australia, including the United States, Canada, Europe and other markets in Asia such as Singapore and Japan. To learn more about Megaport, please visit www.megaport.com.
Additional information
For further comment or other information please contact:
Investor enquiries: Email: [email protected]
Media enquiries: Telephone: +61427 173 203 E: [email protected]