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Equinix closes USD 3.8 bln Telecity acquisition

2016-01-18 08:34:00| Telecompaper Headlines

(Telecompaper) US data centre operator Equinix has completed the acquisition of UK-based Telecity for USD 3.8 billion, consolidating its position as the largest retail colocation provider in Europe. Originally announced in May as a recommended cash and share offer, the transaction was approved last week by Telecity shareholders and UK regulators, having obtained the European Commission's green light in November. As part of the deal, Telecity chairman John Hughes will be joining the board of directors of Equinix, and Equinix EMEA president Eric Schwartz will serve as the head of the combined regional business in EMEA.

Tags: usd acquisition closes bln

 

CityFibre closes Kcom deal

2016-01-18 01:00:00| Total Telecom industry news

U.K. fibre network operator completes 90 million acquisition it announced last year.

Tags: deal closes kcom deal closes

 
 

Rhythm Superfoods closes $3m financing round led by Gen Mills' 301...

2016-01-14 08:11:39| Food - Topix.net

Rhythm Superfoods closes $3m financing round led by Gen Mills' 301 INC arm and CircleUp; plans new beet chip launch Snackfood firm Rhythm Superfoods has closed a $3m Series C financing round filled through the CircleUp platform, with 301 INC - General Mills' new business development and venturing unit - as the lead investor. The $3m cash injection will allow the Austin-based firm to increase distribution beyond its current 5,000 stores, but will also give it access to the resources and expertise of General Mills, which launched a multi-million dollar capital fund through the CircleUp platform to seed emerging consumer food brands late last year.

Tags: led round gen financing

 

Rhythm Superfoods closes $3m financing round led by Gen Mills' 301...

2016-01-14 07:38:19| Agriculture - Topix.net

Rhythm Superfoods closes $3m financing round led by Gen Mills' 301 INC arm and CircleUp; plans new beet chip launch Snackfood firm Rhythm Superfoods has closed a $3m Series C financing round filled through the CircleUp platform, with 301 INC - General Mills' new business development and venturing unit - as the lead investor. The $3m cash injection will allow the Austin-based firm to increase distribution beyond its current 5,000 stores, but will also give it access to the resources and expertise of General Mills, which launched a multi-million dollar capital fund through the CircleUp platform to seed emerging consumer food brands late last year.

Tags: led round gen financing

 

Fremont: Sinkhole closes intersection overnight, police say

2016-01-12 20:10:09| Energy - Topix.net

Groundwater near a Pacific Gas & Electric crew's excavation appeared to cause damage at the intersection of Christy and Albrae streets early Saturday, and workers have been assessing and fixing the damage since then, police said. Union Sanitary District spokeswoman Michelle Powell said the PG&E crew had asked district crews to assess a 30-foot stretch of pipeline in their way around 3:30 a.m. Saturday, but tests had found the pipeline was dry with no sewage leaks.

Tags: police overnight intersection closes

 

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