May 17, 2020

GTT Communications to acquire Interoute in $2.3bn deal

Telecommunications
GTT Communications
Interoute
Fibre network
Jonathan Dyble
1 min
Cable
Leading US telecommunications provider GTT Communications has announced that it is set to buy Interoute, one of Europe’s largest fibre networks and cl...

Leading US telecommunications provider GTT Communications has announced that it is set to buy Interoute, one of Europe’s largest fibre networks and cloud computing platforms, for approximately $2.3bn.

The acquisition will significantly strengthen GTT’s portfolio, with Interoute operating 70,000km of networks, spanning 29 different countries. This includes 15 data centres, 17 virtual data centres and 51 colocation facilities, enhancing the firm’s cloud connectivity platform.

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“The acquisition of Interoute represents a major milestone in delivering on our purpose of connecting people, across organizations and around the world,” said Rick Calder, GTT president and CEO. “This combination creates a disruptive market leader with substantial scale, unique network assets and award-winning product capabilities to fulfil our clients’ growing demand for distributed cloud networking in Europe, the U.S. and across the globe.”

“This is an exciting next chapter for Interoute, GTT, our customers and our team,” said Gareth Williams, Interoute CEO. “The combined assets and strengths of our two companies create a powerful portfolio of high-capacity, low-latency connectivity, and innovative cloud and edge infrastructure services to support our customers in the global digital economy.”

The acquisition is expected to complete within the next four quarters.

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Jun 18, 2021

Thales Group to Provide Tech for Low Earth Orbit Satellites

ThalesGroup
ESA
Telesat
Technology
2 min
The Swiss branch of Thales Group is set to supply world’s only network of satellites in low earth orbit with its cutting-edge technology

The Franco-Italian aerospace manufacturer, Thales Alenia, which specialises in the space industry is set to supply the world’s only network of satellites in low earth orbit (LEO) with its industry-leading technology. More specifically, the Optical Inter-Satellite Links ─ which is hailed as the ‘best technology for the next generation of the Galileo Navigation System’, by the European Space Agency. Through the implementation of Thales Alenia’s optical systems, the satellite network will be able to provide global, fine-scale coverage, overland, oceans, and both poles, without compromising the security of data communications. 

 

Telesat, a Canadian satellite services company, is currently developing the network and has commissioned Thales Alenia Space to build its broadband constellation. The network, which will be named Lightspeed, will apparently comprise 298 individual satellites, each weighing roughly 700 kilograms. These satellites will be capable of delivering multiple terabits per second worldwide for secure broadband professional services with low latency and high levels of performance. Ergo, it’ll be incredibly fast. 

‘The Optical Inter Satellite Links technology is based on Thales Alenia Space’s product line Space Optical Communications, i.e., OPTEL-C. The more compact OPTEL-µ is another optical communications product from this line. This is particularly good for downloading data from small LEO satellites’, according to Innovation Origins. 

 

Thales Alenia Space Background

Thales Alenia Space is the largest satellite manufacturer in Europe ─ the Swiss branch, which has been commissioned in this particular announcement, opened up five years ago in Zurich, where the company primarily specialises in the development and manufacture of instruments for scientific satellites, but also on optical communication terminals for space applications.

The Swiss Space Sector

When it comes to the European and international space industry, the Swiss sector is becoming increasingly important. Approximately 100 Swiss companies already produce incredibly sophisticated pieces of kit and technologies for space missions, and Switzerland also plays host to the European Space Agency Business Incubation Centre, which was established back in 2016 in an effort to help entrepreneurs ‘realise their innovative ideas and transfer technologies from space to Earth and from Earth to space.’

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