Join our daily newsletter At The Bell to receive exclusive market insights
- DXN has signed a three-year agreement with Business Communications Australasia (BCA) worth A$260,000
- The new deal will see both parties develop a data colocation facility, where customers can rent data technology, space and bandwidth
- These data ‘carrier hotels’ will be available at the DXN-SYD01 Sydney data centre
- DXN works within containerised data modules, which provide client data with an extra level of physical security
- Following the agreement, BCA will move all existing clients to DXN’s facility, where it will rent colocation spaces and provide IT services
- Shares in DXN are trading down 2.5 per cent today, selling for 3.9 cents each
Modular data centre specialist DXN Limited has signed a A$260,000 agreement with Business Communications Australasia (BCA).
The new deal will see both parties team up to create data colocation facilities, where customers can rent data technology, space and bandwidth.
These data ‘carrier hotels’ will be available at the DXN-SYD01 Sydney data centre.
DXN CEO Matthew Madden said that BCA will initially take up rack space in DXN-SYD01 for three years.
“We are delighted to welcome BCA to DXN as they are an excellent example of the kind of partner that is a perfect fit for the DXN model; IT companies that are looking to utilise our state-of-the-art facility and on-sell that excellence to their customers,” Matthew continued.
DXN designs, builds, owns and operates data centres — providing businesses with the opportunity to hire out equipment and data storage solutions customised to their needs.
Modular data centres such as DXN-SYD01 work toward ‘future-proofing’ the data storage industry, increasing the installation and management efficiencies of data centres.
The company believes this will enable businesses to respond to sudden technology changes and further capitalise on market opportunities.
BCA Managing Director Andrew Bates said, “We’ve chosen DXN as our data centre partner because DXN fits perfectly with our business plan and offers a unique way of delivering IT services for our customers … We intend to move all existing clients to the facility and will on-sell colocation racks and provide IT services out of the facility for all future clients.”
Shares in DXN are trading down 2.5 per cent today, trading at 3.9 cents a share at 2:42 pm AEDT.
