- CEO
- Michael Reid
- Full Time Employees
- 350
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- 825 Ann Street Fortitude Valley QLD Australia 4006
- IPO Date
- Feb 14, 2017
- Business
- Megaport Limited (ASX:MP1; OTC:MGPPF) provides Network as a Service (NaaS) through a global Software Defined Networking (SDN) platform that enables elastic, on-demand interconnection and internet exchange services for enterprises, service providers, cloud operators and data centers; core offerings include Megaport Port for physical connectivity up to 100Gbps, Virtual Cross Connects (VXC) for private Ethernet circuits from 1Mbps to 10Gbps, Megaport Cloud Router (MCR) for managed virtual routing, Megaport Virtual Edge (MVE) for network function virtualization, Megaport Marketplace for multi-sourcing IT services including cloud on-ramps to AWS, Microsoft Azure, Google Cloud, Oracle Cloud and others, Internet Exchange (IX), data center interconnects, hybrid cloud, cloud-to-cloud and global WAN solutions. The company operates in over 1,000 enabled data centers across 185 cities in 26 countries spanning North America, Asia Pacific (including Australia, Japan, Singapore, Hong Kong, New Zealand and recent expansion into India), Europe and the Middle East & Africa, with business segments divided into Americas, Asia Pacific and Europe; founded in 2013 by Bevan Slattery and headquartered at Level 3, 825 Ann Street, Fortitude Valley, Queensland, Australia. Megaport completed the acquisition of Latitude.sh in November 2025 for upfront consideration of US$150 million (US$70 million cash plus 7.8 million shares), adding a profitable Compute-as-a-Service platform with automated CPU/GPU infrastructure for AI training, inference and low-latency workloads to create a new compute division targeting the US$13 billion market; the deal, funded via a A$200 million institutional placement at A$14.30 per share (completed November 2025) plus up to US$150 million in contingent payments, alongside a A$20 million Share Purchase Plan closing December 4, 2025, and a A$43 million investment to acquire an Indian network operator with 400 customers and 40 data centers for accelerated regional growth.