NEXTDC (ASX:NXT) has expanded its Oracle cloud offerings by adding dedicated and private access to Oracle Cloud through Oracle Cloud Infrastructure FastConnect.
Oracle FastConnect is a network connectivity alternative to using public internet for connecting an on-premises data centre or network with Oracle Cloud Infrastructure, employed by users requiring higher bandwidth.
Oracle FastConnect will be available through NEXTDC’s AXON network. AXON is a virtual interconnection platform that enables users to connect to multiple virtual connections via a single port.
“The availability of Oracle FastConnect through NEXTDC’s AXON network is a significant boost to our ecosystem of clouds and networks. NEXTDC can offer Oracle the uptime it needs in a nationwide network of world-class data centres and access to a host of current and future customers,” NEXTDC chief executive officer, Craig Scroggie, said.
According to NEXTDC, Oracle customers will have improved performance, enhanced control, flexibility and scalability.
“Customers require seamless connectivity from their data centres and networks to Oracle Cloud for their most demanding workloads and applications,” Oracle Cloud Infrastructure senior vice president product development, Don Johnson, said.
“With the FastConnect Service, customers can provision the dedicated and private connections they need today and easily scale with their growing business demands.”
A battle to get ownership of NEXTDC’s data centre locations’ back started in July 2017. The company, who once owned the property assets for its data centres, spun it off in January 2013.
Now, Asia Pacific Data Centers (APDC) has announced plans to sell the assets for $280 million to an unnamed buyer.
APDC has to offer the assets to NEXTDC first but the data centre company told shareholders today that it had previously rejected the APDC Trust offer of $300 million for all three data centre properties and said that, based on the limited information provided so far, is not prepared to acquire the APDC Trust’s assets at a $280 million price.