Interxion Reports €159.4m In Revenues For Q3 2019 Amid Digital Realty Acquisition
.png)
The cancellation of the company’s earnings conference call was due to Interxion’s previously announced definitive agreement to combine with Digital Realty.
Interxion reported a revenue increase of 12% to €159.4m from €142.2m Q3 2018, and reported that its recurring revenue had increased by 13% to €152.3m.
The company also reported that its net income had increased by €10.6m to €21.5m, and capital expenditures, including intangible assets, were €150.6 million.
“Interxion posted solid results for the third quarter led by 13% recurring revenue growth and strong margins,” said David Ruberg, Interxion’s Chief Executive Officer.
“Favourable demand trends for colocation reflect ongoing migration towards cloud and digital content platforms by enterprises and consumers.
“The platform providers continue to expand their presence in Europe and seek line of sight to substantial future capacity, which we are well placed to deliver at our highly-connected campuses in key cities across Europe.”
Last week, Interxion and Digital Realty announced that they are set to combine their businesses to create a global provider of data centre, colocation and interconnection solutions.
Under the terms of the agreement, Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.
Based on Digital Realty’s closing stock price of $132.28 on 28 October 2019, the transaction values Interxion at $8.4bn.
“The combination of Interxion with Digital Realty is compelling from a strategic perspective and brings together two highly complementary businesses in terms of market positioning and geographical footprint,” said David Ruberg, Interxion’s Chief Executive Officer.
“We are creating one of the largest data centre operators in the world. This transaction offers our shareholders an attractive return and, as you will see in forthcoming filings, follows many discussions over several years with potential strategic and financial acquirers of Interxion and other parties that have sought to pursue transactions with us.
“We strongly believe that the combination with Digital Realty will deliver significant long-term value for all our stakeholders.”
source dataeconomy
Industry: Data Centre
Latest Jobs
-
- Solution Architect - OUTSIDE IR35 - Contract- SC / DV - London
- London
- OUTSIDE IR35
-
Solution Architect For a London based Contract This is an Outside IR35 project. MUST have a minimum of an ACTIVE - SC clearance and be willing to be put through DV clearance. 6 month rolling Immediate Experience delivering technical Security Architecture design / assurance of security design. Cross domain experience desirable HLD / LLD London commutable Immediately interviewing.
-
- Microsoft Sentinel Architect
- Netherlands
- discussed on applications
-
Microsoft Sentinel Architect We're seeking a talented and experienced Microsoft Sentinel Architect to be responsible for the design, deploy of a new Sentinel solution into an expanding Services business. As a key member of our team, you'll play a vital role in driving security operations and protecting clients' assets. Responsibilities: Solution Design:Develop comprehensive Microsoft Sentinel architectures aligned with our clients' specific needs and industry best practices. Deployment and Configuration:Oversee the deployment and configuration of Sentinel components, including data connectors, analytics rules, and playbooks. Integration:Integrate Sentinel with other security tools and platforms within our MSSP ecosystem. Tuning and Optimization:Continuously monitor and optimize Sentinel performance to ensure maximum effectiveness and efficiency. Training and Mentoring:Mentor junior team members and provide training on Sentinel technologies and best practices. Required Skills and Experience: Proven experience as a Microsoft Sentinel Architect with a deep understanding of its capabilities and limitations. Strong technical skills in Azure, security operations, and data analytics. Experience designing and implementing complex security solutions, into a services environment Knowledge of threat intelligence, incident response, and compliance frameworks. Excellent communication and problem-solving skills.
-
- Microsoft Sentinel Architect
- Spain
- discussed on applications
-
Microsoft Sentinel Architect We're seeking a talented and experienced Microsoft Sentinel Architect to be responsible for the design, deploy of a new Sentinel solution into an expanding Services business. As a key member of our team, you'll play a vital role in driving security operations and protecting clients' assets. Responsibilities: Solution Design: Develop comprehensive Microsoft Sentinel architectures aligned with our clients' specific needs and industry best practices. Deployment and Configuration: Oversee the deployment and configuration of Sentinel components, including data connectors, analytics rules, and playbooks. Integration: Integrate Sentinel with other security tools and platforms within our MSSP ecosystem. Tuning and Optimization: Continuously monitor and optimize Sentinel performance to ensure maximum effectiveness and efficiency. Training and Mentoring: Mentor junior team members and provide training on Sentinel technologies and best practices. Required Skills and Experience: Proven experience as a Microsoft Sentinel Architect with a deep understanding of its capabilities and limitations. Strong technical skills in Azure, security operations, and data analytics. Experience designing and implementing complex security solutions, into a services environment Knowledge of threat intelligence, incident response, and compliance frameworks. Excellent communication and problem-solving skills.
-
- Microsoft Sentinel Architect
- United Kingdom
- discussed on applications
-
Microsoft Sentinel Architect We're seeking a talented and experienced Microsoft Sentinel Architect to be responsible for the design, deploy of a new Sentinel solution into an expanding Services business. As a key member of our team, you'll play a vital role in driving security operations and protecting clients' assets. Responsibilities: Solution Design: Develop comprehensive Microsoft Sentinel architectures aligned with our clients' specific needs and industry best practices. Deployment and Configuration: Oversee the deployment and configuration of Sentinel components, including data connectors, analytics rules, and playbooks. Integration: Integrate Sentinel with other security tools and platforms within our MSSP ecosystem. Tuning and Optimization: Continuously monitor and optimize Sentinel performance to ensure maximum effectiveness and efficiency. Training and Mentoring: Mentor junior team members and provide training on Sentinel technologies and best practices. Required Skills and Experience: Proven experience as a Microsoft Sentinel Architect with a deep understanding of its capabilities and limitations. Strong technical skills in Azure, security operations, and data analytics. Experience designing and implementing complex security solutions, into a services environment Knowledge of threat intelligence, incident response, and compliance frameworks. Excellent communication and problem-solving skills.