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4-Traders Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Linx SA    LINX3   BRLINXACNOR0

LINX SA (LINX3)
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End-of-day quote. End-of-day quote  - 10/20
21.71 BRL   --.--%
10/18 LINX : Support Further Digital Growth for Scotland
10/09 LINX : Ring of magnets offers surgical solution for acid reflux
09/28 LINX : dancers perform
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LINX : Support Further Digital Growth for Scotland

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10/18/2017 | 02:00pm CEST

The London Internet Exchange (LINX) have released a launch date for their newest point of presence (PoP) in Scotland, adding a second location to their regional Internet exchange platform, IXScotland, which was first established in 2013.

The new PoP, which is set to go live early November, is based within the DataVita datacentre facility, just over 10 miles east of Glasgow. Adding a second location to LINX's regional peering infrastructure in Scotland will not only increase the resiliency for current IXScotland members but will also add to the digital attraction of the country as a whole.

Kurtis Lindqvist, CMO at The London Internet Exchange is excited about the future for Scotland:

'We are pleased with the growth of IXScotland to date and are looking forward to once again, working with The Scottish Government to promote the benefits of regional peering further. Another datacentre location for LINX in Scotland means an increase in diversity and resilience for our members there and will encourage more of our members to choose Scotland as a peering location.'

LINX pioneered the concept of regional exchanges in the UK with the launch and success of IXManchester back in 2012, which is now approaching 90 connected member ASNs and nearly 60Gb/sec of peak traffic. IXScotland, originated in South Gyle, Edinburgh within the Pulsant datacentre facility and is the first LINX regional exchange to be established outside of England. The exchange currently has 25 member networks connected, generating a steady 700Mb/sec of peak traffic. The ambition to grow the exchange is something both LINX and the Scottish Government had on their agenda from the start, but this was ignited over the past year.

The Scottish Government's Connectivity Secretary, Fergus Ewing said:

"I welcome this expansion of IXScotland, in partnership with LINX. We are committed to making Scotland a world-class digital nation and data solutions are key to our economic ambitions. As this latest investment demonstrates, Scotland is ideally placed to offer the connections, skills, capacity and physical space that tech providers need."

IXScotland is supported by a steering committee compiled of industry specialists who have also assisted LINX with the expansion discussions together with The Scottish Government and The Scottish Futures Trust.

It is hoped that the development will help encourage more businesses and content providers to host their networks locally. The benefits will be improved latency and lower transport costs, resulting in both commercial and digital growth for the tech and business community in Scotland.

Ends

Notes to Editors:

The London Internet Exchange (LINX) is one of the largest Internet exchanges in the world, connecting over 800 networks from over 75 countries around the globe. As a mutual membership organisation, whose members make up a large part of the global Internet, the London based IXP is in a unique position to make a difference for all as it's mantra 'Working for the Good of the Internet' indicates. LINX continues to expand their London presence with over 10 PoPs across the capital along with regional exchanges in Wales, Manchester and Scotland. LINX also operates an Internet exchange in the Ashburn metro area in the US just outside Washington DC.

IXScotland is a single node IXP using powerful switching gear that functions independently of the LINX's networks London and Manchester. The exchange is managed in consultation with a local steering committee of connected member networks.

https://www.linx.net/ix-scotland

For more information email: [email protected]

Source: RealWire

.

(c) 2017 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ( BRL)
Sales 2017 560 M
EBIT 2017 83,2 M
Net income 2017 111 M
Finance 2017 523 M
Yield 2017 1,30%
P/E ratio 2017 33,22
P/E ratio 2018 28,45
EV / Sales 2017 5,51x
EV / Sales 2018 4,78x
Capitalization 3 606 M
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 20,5  BRL
Spread / Average Target -5,4%
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Managers
NameTitle
Alberto Menache Chief Executive Officer & Director
Nércio José Monteiro Fernandes Chairman
Jean Carlo Klaumann Vice President-Operations
Dennis Herszkowicz Chief Financial Officer
Gilsinei Valcir Hansen VP-Research & Development
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