Global Cloud Xchange (GCX) is a company which provides network services for enterprises, new media providers and telecoms carriers. In September 2022, it was acquired by 3i Infrastructure for $512 million. Overview GCX has principal offices in London, Hong Kong, and Mumbai, and additional offices in Australia, China, Egypt, France, Germany, Italy, Japan, the Netherlands, Singapore, South Korea, Spain, Taiwan, the United Arab Emirates, the United Kingdom, and the United States. GCX Limited was a subsidiary of RCOM, which is listed in India on the BSE Limited and the National Stock Exchange of India Limited and is one of India's largest telecommunications service companies providing wireless, wire line, long-distance, voice, data, video and Internet communications services. RCOM is part of the Reliance Group, one of India's largest business groups which has a significant presence in the telecommunications, financial services, and entertainment, energy and infrastructure sectors. History Global Cloud Xchange was formed as part of the rebranding of certain businesses of RGBV, which includes FLAG Telecom Group Limited ("FLAG"), Reliance Vanco Group Limited ("Vanco") and Yipes Holdings, Inc. ("Yipes"). In 2003, the Reliance Group was acquired and, in 2008, renamed FLAG as Reliance Globalcom Limited ("RGL"). RGL owns and operates various undersea and terrestrial fiber assets around the world, including the FEA cable system linking Europe to Asia via the Middle East and India. Before being acquired by Reliance Group, FLAG was listed on the NASDAQ National Market and London Stock Exchange. FLAG was first established in 1993 by a group of telecommunications companies led by Bell Atlantic. In 2007, RGL acquired Yipes through one of RGL's wholly owned subsidiaries. Yipes is a US-based Ethernet Service provider which provides Ethernet and application delivery services for global enterprises. Established in 1999, Yipes has pioneered the Ethernet technology in metropolitan area networks. In 2008, RGL acquired Vanco through one of its wholly owned subsidiaries. Vanco is a global Wide Area Network Operator. Vanco provides enterprise clients, directly or through partners, with optimized fully managed network solutions. Vanco was established in 1988 and its original parent company, Vanco plc, was listed on the London Stock Exchange before it was acquired by RGL. In 2011, Reliance Globalcom set up world's first global Mediterranean gateway and hub in Europe set up with Hawk cable system. In April 2013, Reliance Globalcom integrated Hawk cable system with Reliance Global Network. Later in December, it upgraded Trans-Atlantic cable with