STOCK TITAN

Megaport and Zenlayer Announce Strategic Partnership to Extend Their Joint Global Reach to 50+ Countries

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Megaport Limited and Zenlayer have announced a strategic partnership to enhance private connectivity across over 800 locations worldwide. This collaboration allows Megaport customers to access on-demand private connectivity in North America, South America, Europe, Asia-Pacific, the Middle East, and Africa. With features such as improved network performance, reduced cloud egress costs, and point-and-click network provisioning, this partnership aims to streamline cloud networking for businesses. The integration of Megaport's NaaS solutions with Zenlayer's IaaS offerings positions them to serve both developed and emerging markets effectively.

Positive
  • Expansion of private connectivity to over 800 global locations.
  • Enhanced services for customers in emerging markets.
  • Improvements in network performance, reducing jitter and latency.
  • Cost reductions in cloud egress compared to internet rates.
  • Simplified network provisioning via a point-and-click interface.
Negative
  • None.

Customers of Megaport and Zenlayer now have access to on-demand private connectivity in North America, South America, Europe, Asia-Pacific, the Middle East, and Africa.

BRISBANE, Australia--(BUSINESS WIRE)-- Megaport Limited (ASX: MP1) ("Megaport"), a global leading Network as a Service (NaaS) provider, and Zenlayer, a leading global edge cloud services provider, entered into a strategic partnership to expand the global reach of their networks to more than 800 locations across six continents to their joint customers. This joint offering enriches Zenlayer’s coverage in developed markets and extends the offering to Megaport customers in emerging markets.

“Megaport’s strategic partnership with Zenlayer makes it easier than ever for our customers to use on-demand private connectivity to power their cloud networking anywhere in the world,” said Vincent English, Chief Executive Officer at Megaport. “Whether they’re deploying hybrid and/or multicloud or bridging SD-WAN to the cloud, Megaport customers can now securely connect mission-critical IT services in new markets, including those in Southeast Asia and South America, by using a combination of our NaaS solutions and Zenlayer’s Infrastructure as a Service (IaaS) offerings.”

“Adding Megaport’s extensive integration with cloud on-ramps and vast data centre reach to Zenlayer’s global network gives our customers greater choice in on-demand private connectivity to innovative and scalable IaaS solutions required by today’s digital-leading companies,” explained Joe Zhu, Chief Executive Officer and Founder at Zenlayer. “Together, our global, private software-defined networks (SDNs) now make one of the largest SDNs in the world.”

Megaport and Zenlayer customers can enjoy the following benefits:

  • Improved network performance with reduced jitter and latency.
  • Reduced cloud egress costs to cloud on-ramps when compared to internet rates.
  • Point-and-click network provisioning to support interconnection between branch locations, data centres, cloud providers, and IT services without any hardware requirements.
  • Real-time provisioning of virtual network infrastructure and interconnections.
  • Secure, private hybrid cloud and multicloud connections to 800+ enabled data centres via Megaport and Zenlayer’s combined footprint.
  • On-demand private connectivity to the world's leading clouds such as Alibaba Cloud, AWS, Google Cloud, Microsoft Azure, IBM Cloud, Oracle Cloud, and Salesforce.

Customers of Megaport and Zenlayer can now also take advantage of the companies’ full suite of enterprise services including Megaport Cloud Router, a virtual cloud routing service, Megaport Virtual Edge, a NFV hosting service that improves SD-WAN connectivity, Zenlayer’s Bare Metal Cloud, an on-demand edge compute service, and Zenlayer Global Accelerator (ZGA), a point-and-click service to instantly accelerate applications globally.

About Megaport

Megaport is a leading provider of Network as a Service (NaaS) solutions. The company’s global Software Defined Network (SDN) helps businesses rapidly connect their network to services via an easy-to-use portal or our open API. Megaport offers agile networking capabilities that reduce operating costs and increase speed to market compared to traditional networking solutions. Megaport partners with the world’s top cloud service providers, including AWS, Microsoft Azure, and Google Cloud, as well as the largest data centre operators, systems integrators and managed service providers in the world. Megaport is an ISO/IEC 27001-certified company.

About Zenlayer

Zenlayer (www.zenlayer.com), a global edge cloud services provider, offers on-demand connectivity through its vast network of more than 270 PoPs, with expertise in fast-growing emerging markets like Southeast Asia, India, China, and South America. Businesses utilize Zenlayer’s global edge cloud platform to instantly improve digital experiences for their users with ultra-low latency and worldwide connectivity on demand.

Eric Troyer, Chief Marketing Officer, Megaport

Phone: +61 7 3088 7400

media@megaport.com

Dalerie Wu, Head of Corporate Strategy, Zenlayer

Phone: +1 626 412 0089

pr@zenlayer.com

Source: Megaport Limited

FAQ

What is the significance of the Megaport and Zenlayer partnership for NAAS?

The partnership expands Megaport's NaaS offerings by providing on-demand private connectivity across 800 locations globally, improving services for customers.

How will Megaport customers benefit from the collaboration with Zenlayer?

Megaport customers will experience improved network performance, reduced costs, and easier provisioning of private connectivity solutions.

When was the strategic partnership between Megaport and Zenlayer announced?

The partnership announcement was made on October 11, 2022.

Which regions will benefit from the Megaport and Zenlayer partnership?

The partnership will benefit customers in North America, South America, Europe, Asia-Pacific, the Middle East, and Africa.

NaaS Technology Inc. American Depositary Shares

NASDAQ:NAAS

NAAS Rankings

NAAS Latest News

NAAS Stock Data

26.40M
5.56M
14.48%
1.73%
Specialty Retail
Consumer Cyclical
Link
United States of America
Beijing