Teams arrived at Switch and Data Tuesday to begin integration plans for the company's planned $689 million acquisition by Equinix. Switch and Data plans to file its proxy statement with the SEC by the end of November to give out more information surrounding the transaction for an overall vote expected to take place in the first quarter of next year. In the meantime, both companies are keeping busy, issuing a series of news announcements this week.
On Monday, enterprise video solution provider Kontiki announced that Equinix had selected their Enterprise Content Delivery Networking (ECDN) solution to deliver video content to every employee's desktop worldwide. Kontiki was deployed in a matter of weeks and will deliver high-quality video for training and employee communications.
Equinix Adopts Kontiki
"As video becomes more ubiquitous throughout our company, we knew that we'd need a complete video infrastructure in place that could grow with our needs," said Equinix CIO Brian Lillie. "We adopted Kontiki's video solution portfolio based on ROI, scalability and ease of use."
On Tuesday Kontiki also debuted the VideoCenter enterprise employee video portal, being demonstrated this week at Streaming Media West 2009 conference in San Jose. The Kontiki VideoCenter delivers on the promise of "YouTube for the Enterprise" by overcoming the challenges of securing and controlling the communication tool in a way that is consistent with company policies and culture. The Kontiki VideoCenter will be generally available in February 2010.
Equinix (EQIX) announced that FXall will offer connectivity to its foreign exchange platform within the Equinix New York 4 data center inS ecaucus, NJ. FXall is a leading multibank foreign electronic platform. The service will be available to trading companies within the Equinix Financial eXchange, allowing them the benefit of directly exchanging data within the same physical location.
“Beyond benefitting our current financial community customers, FXall’s presence will hopefully attract new customers to our NY4 center and serve as a spring board for future FXall growth initiatives,” John Knuff, director, Business Development at Equinix.
Switch and Data announced Tuesday its Alliance Partners Practice. During a two year incubation the program supported leading channel partners with online tools, partner certifications and dedicated relationship managers designed to meet the unique needs of value added resellers, system integrators, and solution providers. The expansion of this program will enroll additional Authorized Agents looking for new ways to generate reliable revenue. The Alliance Partners Program is made up of a team of professionals with 50 plus years of combined channels sales experience.