Megaport inks deal with Seaborn Networks

Megaport (USA), Inc., the US subsidiary of elastic interconnection services Megaport Limited (ASX: MP1) intends to enter into a global platform & licensing agreement with Seaborn Networks, the developer-owner-operator of submarine fiber optic cable system Seabras-1, the company said.

As a result of this strategic alliance, Seaborn will have an out-of-the-box software platform that allows customers to order and provision elastic services via an online portal, thus bringing elastic subsea connectivity to South America. Leveraging this alliance, Seaborn will also have exclusive rights to deploy Megaport-enabled broadband on demand solutions inside of South America and for international connectivity to and from South America.

The strategic alliance will also establish the first third party operated Megaport PoP in Sao Paulo, Brazil.

Megaport is the global leading provider of elastic interconnection services. The company´s global software defined network enables customers to rapidly connect their network to other services and data centres across the world.

Seaborn Networks provides independent submarine fiber optic cable systems, including Seabras-1 between New York and Sao Paulo which has a committed ready-for-service date of June 2017.