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
-
- IAM Consultant
- France
- Upto €85000 plus benefits
-
An Identity & Access Management Consultant is needed for an expanding IT Security consultancy, based in France. (Remote role with monthly office meet-ups) The Identity & Access Management Consultant will be responsible for the technical design and implementation of Identity & Access Management/IAM products for a wide variety of clients. Deliver bespoke end-to-end consultancy service to our clients, from gathering requirements through to implementation. Work in a close team designing, developing, and implementing first-class IAM solutions. Manage client relationships, working closely with key stakeholders to continually evaluate business requirements and ensure the highest quality solution delivery. If you are interested we are looking for an individual with Previous experience working within the IAM or CIAM field is essential, Strong knowledge with SAML and Oauth and ideally OpenID Previous experience from any of these technologies: One Identity, SailPoint, Saviynt, Ubisecure, Ping Identity, would be advantageous
-
- Ping Identity Support Consultant- IAM Support
- Madrid
- upto €60,000 plus benefits
-
As the Ping Support specialist, you would be part of a team focused on Single Sign On (SSO) / Federation and Multifactor authentication, protecting our clients from unauthorized access and cyberattacks. The position is to provide 2nd/ 3rd line support, for the following tech. SSO, Federation, Reverse Proxy infrastructure, Apache servers, and its associated components and applications To be responsible for the day to day operational support, performance, tactical lifecycle management, and continuous improvement of the respective IT infrastructure. We are looking for someone with strong SAML and OAuth Knowledge as well as experience supporting the Ping portfolio of solutions Identity, Access, Federate
-
- IAM Architect Ping Identity, Access Federate
- Stuttgart
- Up to €110,000 plus benefits
-
An experienced Ping Identity Architect is needed for this global brand who are looking for someone who wants to join a growing Cyber Security team. We are looking for a senior Architect who can be responsible for the full IAM portfolio, including overseeing all BAU work as well as being responsible for the future strategy and development of the IAM portfolio further development and strategy You will be responsible for ensuring all architectures and best practices within the architecture framework are maintained and developed We are looking for someone with a strong Ping background, in Ping identity, federate, and Access, you will have worked as a senior consultant or architect in previous roles and ideally have some team-leading experience You will have good knowledge of architectural principles and patterns and their implementation into system and software design Experience in handling container technologies, cloud technologies, CI/CD (DevOps) and LDAP
-
- Security Engineer Contract £600 pd Outside IR35- SIEM, Vulnerability Management, DevSecOps
- United Kingdom
- £600 pd Outside IR35
-
Security Engineer Contract £600 pd Outside IR35 SIEM, Vulnerability Management, DevSecOps 6 month Contract Hybrid – some travel to London Google Chronicle – SIEM Crowdstike Spotlight – Vulnerability Management Google Cloud Platform - GCP Application security Core areas; Oversight of alerts with any improvement, fine tuning, enriching / use cases. Proactive vulnerability management – Prioritising and engaging with internal teams to remediate Advising / consulting within internal development teams to focus on, embed and evolve security as part of ongoing software / platform development. Push and enhance technical aspects of security forward. Beneficial experience Automation of security / data enrichment Looking to interview and engage ASAP