Interxion Reports €159.4m In Revenues For Q3 2019 Amid Digital Realty Acquisition
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
-
- SPLUNK SOC Analyst level 3, London.
- London
- N/A
-
SPLUNK SOC Analyst level 3, Must be able to commute to the City of London. Onsite role. Security clearance needed. The SPLUNK SOC Analyst level 3 must have current experience working within a SOC environment with specific experience using a range of tools and techniques to investigate security incidents. Current experience with Splunk is essential. any additional experience Individuals with Elastic Security SIEM are highly desirable. Any of the following certifications are desirable Splunk Phantom certified admin, Splunk Core Certified Power User / Advanced, Splunk Certified Enterprise Security Admin, etc The role will include, but not be limited to working with sophisticated information security tools, investigating security incidents, incident management, technical escalation, process improvement, research into the latest threats, reporting etc The individual MUST currently be living in the UK and be able to achieve UK security clearance. (SC) This is a permanent role To arrange a call with Chris Holt https://calendly.com/chris-holt/arranged-call-with-chris-holt-elastic-siem-engineer-soc Chris.Holt@dclsearch.com
-
- ISO 27001 & Business Continuity Security Specialist, End User
- United Kingdom
- 70000
-
CH7828 ISO 27001 & Business Continuity Security Specialist, End User, £70,000 United Kingdom ISO 27001 & Business Continuity Security Specialist needed to join a Cyber team within an end user. The ISO 27001 & Business Continuity Security Specialist will have end to end responsibility for the information security and Business Continuity management system. ISMS/BCMS. Both from an information security and technical security perspective working alongside the CISO. Experience must include, but not be limited to; a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling to achieve compliance. ISO 22301, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. Experience taking a company through accreditation is highly desirable Experience managing internal stakeholders, technical teams and external third parties essential Flexible working, very occasional travel to London office This is an exclusive role to DCL Search & Selection. Looking to interview immediately. https://calendly.com/chris-holt/iso-27001-business-continuity-security-specialis
-
- PCI- DSS Security Consultant, End User
- London
- £70,000
-
PCI- DSS Security Consultant needed to join a Cyber team within an end user. The PCI- DSS Security Consultant will have end to end responsibility for PCI - DSS and its continuing certification. Both from an information security and technical security perspective working alongside the CISO. Experience must include, but not be limited to; a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling to achieve compliance. PCI objectives / 12 key requirements, OWASP top 10, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. PCI Cloud compliance, specifically someone with experience taking PCI-DSS from on premise into the cloud is HIGHLY desired. However, someone with Solid PCI experience with a strong technical background which include Cyber / Secure by design etc would be considered. Experience managing internal stakeholders and external third parties essential. Flexible working, but with the ability to get into London. This is an exclusive role to DCL Search & Selection. 1st stage interviews to happen the week of the 14th September Arrange a call with Chris on https://calendly.com/chris-holt/arrange-a-call-chris-dcl-pci-compliance
-
- IAM Contractor CyberArk
- Unknown
- N/A
-
Identity & Access Management Architect Contractor Flexible • Extensive PAM / IAM experience required, • MUST have CyberArk and or Beyondtrust. Privileged access management • Technical review, recommendation, design and hands on technical delivery. • 6 month contract Arrange a call with Chris Holt https://calendly.com/chris-holt/arranged-call-with-chris-holt?month=2020-09