Plans European expansion
Six Degrees has acquired datacentre interconnection business DataHop.
The company has said that the deal will now allow it to to bring together most of London’s datacentres on-net. This includes Telecity, Telehouse, Interxion, Level 3 and Iomart facilities.
It is able to do this through Datahop’s network, which consists of a high-speed fibre ring that connects 21 points of presence (PoPs) in London, Amsterdam, Frankfurt and Paris.
Datahop’s network will also bring in 16 new PoPs onto the Six Degrees core network as well as extending the Group’s footprint into four Western European countries.
Following the acquisition, Six Degrees Group will hope to boost its revenues, which currently stand at run-rate revenues of £44 million with an EBITDA of over £11 million, by investing in a multi-million pound upgrade before launching a next generation VPLS-enabled datacentre interconnect fabric.
This investment will enable multi-gigabit port capability for distribution of its converged voice, data and hosting portfolio.
Daniel Lowe, managing director of Six Degrees Group’s managed data division, said: “This announcement marks a significant step-change in the scale, reach and capability of the Six Degrees Group network.
“Datahop’s technologies will allow us to deliver higher bandwidth, and a broader range of services to our customers. Our ability to link people, places and clouds has been boosted significantly with the flexible service creation capability we now offer to the market,” Lowe said.