Network, cloud and hosting provider BSO expects to appeal to a more globally diverse group of wholesale service providers with its recent acquisition of IX Reach.
This marks the third acquisition by BSO in 18 months. With the purchase of the global network-services provider, BSO gains access to IX Reach's 170-plus points-of-presence (PoPs) in North America, Europe, Asia, the Middle East and Africa -- the last a continent new to BSO. IX Reach's customer base includes more than 300 carriers, ISPs, content providers and networks of all sizes, along with a partner ecosystem with approximately 70 cloud, IXPs, data center and SaaS providers.
Spreading Fiber Around the World
BSO's fiber network extends from headquarters in UK into other European countries, North and Latin America and Asia and, with the acquisition of IX Reach, Africa as well.
In addition, IX Reach developed several products and services such as direct connectivity to cloud, SaaS and Internet Exchange Points (IXPs), data center to data center connectivity, flexible SDN automation, remote peering solutions and network virtualization.
BSO has 350 employees, is established in 23 countries and operates 103 data centers worldwide. It supports wholesale telecom clients' networks and data centers in Europe, North America, the Middle East and Asia-Pacific, the company said on its website.
Fourteen-year-old BSO claims to now be the third-largest privately held telecom operator in the world, based on its portfolio of more than 330 PoPs and three networks that complement and support each other for customers worldwide.
BSO has been on a shopping spree over the last 18 months or so. In January 2018, it bought Apsara Networks, which supplies radio frequency connectivity to financial markets. BSO integrated Apsara's wireless microwave technology into its global fiber-optic network to augment its existing presence in and relationships with financial exchanges. To fund this and future deals, equity fund Abry Partners made a "minority investment" in BSO, the company announced at the time.
It also purchased PROceau, a French high-availability and business critical managed hosting and IaaS company. Neither company publicized this acquisition; indeed, no mention was made of the deal until BSO shared news of its acquisition of IX Reach today.
BSO hasn't disclosed the terms of any of its acquisitions, including the IX Reach deal. KPMG, Locke Lord and Crowe were advisors on the IX Reach deal.
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Over the next two years, approximately 60% of service providers (both large and small) will adopt virtualization on a wide scale across their networks, according to the latest survey report from Ovum. Why are providers making these moves? Is there an easy way to start?
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Current network infrastructure and the move to virtualization
Benefits and challenges of network virtualization
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Service provider success stories: the decision to virtualize, the solution, and results