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Megaport Ltd.
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Megaport Acquires Latitude.sh to Expand Global Compute and Network Services

Megaport Limited has agreed to acquire Latitude.sh, enhancing its global Network-as-a-Service offerings. This merger will integrate Megaport’s high-speed connectivity with Latitude.sh’s on-demand CPU and GPU infrastructure, allowing enterprises to deploy critical workloads across over 1,000 data centers in 26 countries. The deal is expected to close by December 31, 2025, pending customary approvals.

Reuters·
Reuters·

Megaport Reports Surge in Virtualization and Routing Adoption in Cloud Networking Industry

Megaport Ltd. has released its 2025 Cloud Network Report, revealing a 42% year-on-year growth in the adoption of virtualization and routing in the cloud networking industry. The report indicates a shift towards intelligent routing and segmentation, with private internal connections exceeding 9,000 Gbps in capacity. Traditional sectors like finance, healthcare, and government are rapidly embracing these technologies, particularly finance, which shows the largest capacity increase. The findings emphasize the importance of network orchestration for supporting new workloads such as AI and IoT.

Reuters·
Reuters·

Megaport Ltd. Partners with SHARON AI to Deliver Advanced Global AI Connectivity for Enterprises and Research Institutions

Megaport Ltd. has partnered with SHARON AI to enhance global connectivity for enterprises and research institutions. This collaboration enables clients in over 1,000 data centers across 26 countries to connect privately to the SHARON AI Cloud via Megaport’s high-speed network. The integration supports advanced AI workloads and ensures data sovereignty, with options for AWS Direct Connect and Azure ExpressRoute to improve reliability and manage costs.

Reuters·
Reuters·

Megaport Ltd. Partners with DartPoints to Boost Cloud Connectivity and Expand Reach in South Carolina

Megaport Ltd. has partnered with DartPoints to enhance cloud connectivity in South Carolina. This collaboration introduces Megaport’s global connectivity platform to DartPoints’ Greenville Data Center, marking its first deployment in the state. The partnership aims to improve private cloud connectivity across the Southeast, allowing businesses to access over 975 data centers and 380 cloud onramps, reducing latency by up to 40% and bandwidth costs by 25%. This initiative addresses the growing demand for hybrid cloud infrastructure and AI processing.

Reuters·
Reuters·

JPMorgan Acquires Significant Stake in Megaport Ltd

JPMorgan Chase & Co. has acquired a 5.15% stake in Megaport Ltd., amounting to over 8 million ordinary shares. This investment indicates confidence in Megaport's growth potential and may influence its market position and strategic direction. Megaport operates in the technology and telecommunications sector, providing network connectivity services to businesses globally. The company's current market cap is $1.02 billion, with a year-to-date price performance of 8.00%.

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