Data Center News

Tenant becomes landlord with NextDC taking over buildings from APDC

NextDC is set to take over the properties housing its data centres in Sydney, Melbourne, and Perth. As the sole tenant of the three buildings, NextDC was presented the opportunity – and the price tag of around AU$300 million – to purchase back Asia Pacific Data Centres (APDC) and consequently ...

October 17, 2018

NEXTDC

Asian investor consortium acquires 24.99% stake in Global Switch in preparation for listing on a leading international stock exchange

A consortium of six Asian institutional and private investors has acquired a 24.99% stake in the Company in a transaction valued at £2.1 billion The investment by Strategic IDC Limited further diversifies Global Switch’s sources of equity capital, supports a continuation of the Company’s strat...

July 11, 2018

Global Switch

Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought

Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong magnet, even for larger compute deployments. The mid-point of guidance for Equinix’s new whole...

July 09, 2018

Equinix

Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)

Switch and Rackspace announced a new agreement to deliver Rackspace private cloud solutions and connectivity to managed public cloud solutions on AWS, Azure and Google in Switch’s highly secure and reliable Tier 5® Platinum data center PRIME locations. The agreement builds on Rackspace’s Fanat...

April 02, 2018

Switch

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billi...

May 01, 2017

Verizon Enterprise

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