NEWS
Delinea expanding to Mexico City with revenue approaching $ 400m
Delinea is expanding its global footprint to Mexico City.
This strategic investment is pitched as allowing the company to build centralised teams, increase capacity and scale operations more efficiently, strengthening its position as a leader in identity security.
Delinea closed of its 2024 fiscal year delivering annual recurring revenue( ARR) approaching $ 400 million – with recurring revenue now comprising 95 % of Total GAAP Revenue.
Additionally, Delinea continued to grow its SaaS ARR, representing the majority of total ARR, demonstrating the value its cloud-native platform brings to its customers, particularly as organisations require advanced identity security solutions to secure AI-driven systems.
Delinea also continued to achieve an operating profile that reflects its ability to drive profitable growth, showcasing its strength in executing a sustainable business model.
The Mexico City expansion builds on this momentum and drive continuous innovation in a rapidly evolving market.
Art Gilliland, CEO, Delinea, said:“ Expanding to Mexico City is a key part of our strategy to foster innovation, enhance collaboration and scale operations, ensuring we continue to deliver the solutions our customers need to thrive in an evolving digital landscape.”
“ Our execution remains strong, driven by high market demand for our solutions,” said Stephanie Reiter, Chief Financial Officer, Delinea.
“ With ARR approaching $ 400m and our SaaS business at the forefront, we are well-positioned to continue shaping the future of identity security for modern enterprises – especially as AI adoption accelerates.”
DE-CIX launches Neutral Internet Exchanges in Sao Paulo and Rio de Janeiro
DE-CIX has announced the launch of its first IXs in Brazil: DE-CIX Sao Paulo and DE-CIX Rio de Janeiro. globally integrated digital interconnection ecosystem in Brazil,” said Ivo Ivanov, CEO, DE-CIX.
The two new IXs are operated by DE-CIX Brazil, a 100 % owned subsidiary of the DE-CIX Group, and are both data centre and carrier neutral.
And, in a first for Brazil, the two IXs will be interconnected from Day 1, enabling not only local‘ peering’, or network interconnection, but also remote peering both domestically and internationally.
“ The growing digital economy in Brazil requires state-of-the-art connectivity, ensuring that data exchange happens locally and efficiently. The two new IXs open up a complementary offering that further enriches Brazil as the second largest market in the world by network count.”
The distributed and neutral IXs are housed in multiple data centres in their respective markets, with DE-CIX Sao Paulo in Elea Data Centers SPO1, Ascenty SP4, and Equinix SP4 and DE-CIX Rio de Janeiro in Elea Data Centers RJO1 and Equinix RJ2.
DE-CIX’ s new IXs fill a gap in the Brazilian market with their range of SLA-backed enterprise-grade interconnection solutions, as well as increasing redundancy and resiliency options for Brazilian network operators.
“ With DE-CIX Sao Paulo and DE-CIX Rio de Janeiro open for business, customers can now benefit from a more resilient and
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