Last month, Japanese telecom giant NTT expanded its European e-shelter data center brand into the Netherlands by opening a large green-field data center campus in the Amsterdam area in one of the world’s most fiber-dense locations, Schiphol-Rijk. What customers at this new data center spot in Europe may expect? More than just colocation services, as e-shelter will bring their Innovation Lab to the Amsterdam facility as well. Initiated in 2017 in Frankfurt, Germany, the e-shelter…"Data Center Operator e-shelter Brings Its Innovation Lab to Amsterdam"
Security company claims GoDaddy didn’t pay what it owes. Website security company SiteLock has sued domain name registrar and hosting company GoDaddy (NYSE: GDDY) for breach of contract and trademark claims. The two companies signed a reseller agreement in 2013 under which GoDaddy could sell SiteLock’s website security services. SiteLock charged per subscription and GoDaddy could mark up the price however much it wanted so long as it met a minimum retail price. For example,…"SiteLock sues GoDaddy over troubled partnership"
Domain name and hosting company lowers outlook for 2019. Shares of Endurance International Group (NASDAQ: EIGI) fell nearly 12% in trading yesterday after the company lowered its 2019 forecast. Shares ended the day at $5.53. GAAP revenue guidance lowered from $1.4 billion – $1.6 billion to $1.2 billion – $1.4 billion Adjusted EBITDA forecast lowered from $310 million – $330 million to $300 million – $320 million Free Cash Flow guidance lowered from $115 million…"Endurance International falls 12% on lower forecast"