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Move Over Square, this Data Center Company Has Just Made a Great Acquisition

0 | By Alex Kagin

I’ve been listening to a lot of earnings calls these last few weeks and I’ve noticed one major key trend. Datacenter businesses are booming. Microsoft’s datacenter business, Azure was up 50% year over year, AWS was up 37%, and now doing almost $15 billion in quarterly revenue. Even IBM reported 29% revenue growth for its cloud and cognitive software division.

The growth of data has grown exponentially over the last year with people doing more online than ever before. Video conferences, Facetime with family, steaming video. All of these services need the highest speed data centers and that’s why I’m so excited about this $1 billion acquisition yesterday from one of my favorite semiconductor companies that sells into the data center market.

I’ve talked to many of my contacts in the industry already and while this acquisition might not be a household name, it’s a big deal.

In today’s video, I’m going to share with you what this acquisition means and how you can start playing this trend for only $60 dollars.


To watch, just click the video below.

 

To read the transcript, just click right here.

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