416Direct concludes its first licensing deal for 519Direct utilizing NPlus Networks 80,000 sq.ft Data Centre

416Direct concludes its first licensing deal for 519Direct (Kitchener, Ontario) with NPlus Networks. The deal is an equity swap exchanging 50% of the 519Direct license for 50% ownership in a joint venture, utilizing NPlus Networks 80,000 sq.ft Data Centre, offering Colocation Services as DirectColo.

Please note that the minimum purchase amount is set to $150 CAD (~115 USD), before tax. Dismiss