Data Center News

X claims $100m annual savings upon exiting Sacramento data center

X, the social media company formerly known as Twitter, claims to have saved $100 million annually after exiting its Sacramento data center via a post on the platform. X further claimed to have saved a significant amount by repatriating some of its workloads to on-prem data centers. The company...

November 02, 2023

Sacramento

Tesla leases Sacramento Twitter data center Musk once blasted

Twitter formerly used the Sacramento site of NTT Global Data Centers, but now it is home to Musk's electric car company. Twitter departed the data center in late 2022, with the CEO disparaging the area. Tesla will now occupy the space as well as extra square footage.The data center will likely...

June 13, 2023

Sacramento

Japan Data Facility Purchased by Mapletree Industrial Trust

The acquisition of a data center in Osaka, Japan, signifies Mapletree Industrial Trust's entrance into the Japanese data center market. This week, the manager of Mapletree Industrial Trust (MIT), Mapletree Industrial Trust Management Ltd., announced the purchase of a recently constructed data ...

May 26, 2023

Mapletree Redwood Data Centre Trust

Twitter closes its Sacramento data center

Microblogging social media platform Twitter has undergone extensive changes as of late since the takeover by Elon Musk. From the introduction of Musk's paid verification plan, slashing nearly half of the platform's workforce in November, and his massive cost-cutting exercise, Musk's tenure as ...

January 05, 2023

Sacramento

Mapletree acquires Lumen’s Minnesota data center for $26 million

As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....

August 18, 2021

Lumen Minnetonka

Data center merger and acquisition activities in Q2 of 2021

2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see wh...

August 16, 2021

Scala Data Centers

Sila agrees to sell all its data centers to Mapletree for $1.3bn

Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. ...

May 20, 2021

Mapletree Redwood Data Centre Trust

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purcha...

June 23, 2020

Mapletree Redwood Data Centre Trust

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