Blockchain Press Releases
Accelevation Holdings, LLC Acquires Instor Solutions Ltd – Forming the USA’s Largest, Integrated Data Center Services Solutions Provider
- Accelevation Holdings, LLC has acquired Instor Solutions for an undisclosed sum, integrating its data center services expertise with Conatech’s containment and white space product portfolio to form the Accelevation Data Center Business Unit.
- Brands join forces to establish single customer facing entity, combining product design, manufacturing, and supply chain capabilities with white space integration, services, and project management expertise.
- New vertically integrated and strategic organization addresses key customer pain points, providing the ability to reduce costs and shorten lead times, while offering expert integration services for hyperscale, colocation, and enterprise customers to bridge the skills shortage.
KENT, England, Aug. 1, 2023 /PRNewswire/ — Accelevation Holdings, LLC, a vertically integrated group of manufacturing companies serving the data center, electric vehicle, and robotic markets, has acquired Instor Solutions Ltd, a comprehensive, mission-critical solutions provider, for an undisclosed sum. Through the acquisition, Accelevation will integrate Instor’s data center white space installation and project management expertise with its data center containment and caging solutions business, Conatech, to form the Accelevation Data Center Business Unit.
The acquisition has established a new, vertically integrated data center business unit comprising both brands to create a single, customer-facing entity and forming the USA’s largest integrated data center services solutions provider. Together, the Accelevation Data Center Business Unit will solve key challenges for hyperscale, colocation, and enterprise customers, including faster product design, manufacturing, and supply chain capabilities, with dedicated white space integration, services, and project management expertise.
By combining both leading brands, Accelevation has created the only organization within the U.S. market capable of providing fully integrated, data center infrastructure product manufacturing, with self-performing, fit-up solutions design, and project delivery. The companies comprehensive services offering will propel hyperscale, colocation, and enterprise data center operators to benefit from industry-leading speed and efficiency – offering enhanced value throughout the entire life cycle and delivering world-class data center environments at accelerated pace and scale.
Through its integrated sales, manufacturing, and operations teams, for example, Conatech’s customers now have immediate access to the data center white space design, build, and integration services that Instor has built its world-leading reputation on. In turn, Instor has secured unparalleled access to the vertically integrated manufacturing capabilities used by Accelevation to produce its Conatech data center products.
“By combining Instor’s white space design and services expertise with Conatech’s manufacturing and product capabilities, the Accelevation Data Center Business Unit is uniquely positioned to serve and support the data center market as it fulfils its growth potential,” said Sam Prudhomme, President, Data Center Business Unit, Accelevation Holdings. “Our customers recognize that together, we’re better – empowering them to grow at unprecedented speed and scale, and at the pace the market demands. Importantly, our shared values and methodological approach will ensure we continue to treat our customers the way they want to be treated, setting a new standard for integrated data center solutions and services, globally.”
Accelevation President and CEO, Michael Rubiera, said, “We are thrilled to welcome Instor to the Accelevation portfolio of innovative companies. Combining Instor’s 40+ sales and project management professionals to our Accelevation portfolio creates one of the most comprehensive and all-encompassing solution providers of data center products and installations in the world. We couldn’t be more excited about the possibilities and growth this acquisition provides.”
To support growing customer demands, the Accelevation Data Center Business Unit is recruiting strategic experts to join its business. For more information, visit the website.
About Accelevation, LLC
Accelevation is a vertically integrated group of manufacturing companies serving the data center, electric vehicle and robotic markets. The organization’s mission is to build businesses and work cultures that positively impact employees, their families, their community and their customers. At its core, Accelevation understands that it is their responsibility to plot a course for a more mindful way of doing business.
About Instor Solutions
Instor is an Accelevation, LLC company that builds out wholesale colocation, lab, and data center spaces from whitespace to operation ready. Instor’s specialized data center fit up service reduces overall build time and project costs. Instor is an industry leader in data center design, structured cabling, power infrastructure, and specialized containment and cooling solutions. With over 30 years of experience, Instor is headquartered in the San Francisco Bay Area and has a second office in the Ashburn Area.
About Conatech
Conatech is an Accelevation, LLC company that is the leader in data center containment, caging, infrastructure, and installation services with market-leading lead times. Conatech is part of Accelevation’s portfolio of vertically integrated manufacturing companies that include Southeast Tool, Revolution Iron Works, Coach Tool and Die and Skylab Manufacturing. Conatech leverages the capabilities of our family of companies to design, develop, and implement solutions to meet your needs.
https://www.conatech.com/company
Logo: https://mma.prnewswire.com/media/2166971/Instor_Accelevtion_Light_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/accelevation-holdings-llc-acquires-instor-solutions-ltd—forming-the-usas-largest-integrated-data-center-services-solutions-provider-301890440.html
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
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Blockchain
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.
Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.
Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.
Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.
Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.
Source: news.bitcoin.com
The post Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak appeared first on HIPTHER Alerts.
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