Data Center News

American Realty Advisors Buys Property Housing Two Cyxtera-Occupied Facilities in Virginia

American Realty Advisors has completed the acquisition of two data centers in Loudoun County currently occupied by Cyxtera. An affiliate of American Realty Advisors known as ACPF Nova Data Center LLC paid $51 million to acquire a 12-acre site that holds two single-story data centers. One of...

April 15, 2022

Centersquare: IAD2-A

SGTech's response to Singapore's data center quota

Although back in 2019, Singapore introduced a data center moratorium following concerns around energy supplies, in 2022, this moratorium was lifted - with conditions. Part of these conditions was that the country would be more selective over future data center projects. Further details around...

April 11, 2022

Singapore

Cyxtera Mulling Over Sale

According to Bloomberg, Cyxtera Technologies is mulling over a sale just a year after it went public. The report shows that the company is looking into different strategic options, which also include a potential sale. Cyxtera is also working with advisers to consider the best choice for the...

April 08, 2022

Cyxtera Technologies

Singapore and Silicon Valley tie second place in data center rankings

According to Cushman & Wakefield's 2022 Global Data Center Market Comparison report, Singapore now ties with the US's Silicon Valley in its league table of the top data center markets. This means that Singapore is now the top market for data centers in Asia-Pacific, beating Hong Kong (6th ...

February 03, 2022

Singapore

Singapore's moratorium on new data center builds lifts, but what's next?

This week, Singapore's Trade and Industry Minister made an announcement that the country's moratorium on new data center builds, which was introduced back in 2019. Minister Gan Kim Yong said that going forward, a "more selective" approach to new builds will be taken.In a written reply to a par...

January 17, 2022

Singapore

Going green: Cyxtera selects NextEra Energy Resources for renewable energy

Cyxtera is joining the industry-wide push for a carbon-neutral future with the announcement of its selection of NextEra Energy Resources to supply its renewable energy. As part of this partnership, NextEra will also “advise, support, and accelerate” Cyxtera’s efforts to increase its use of re...

July 22, 2021

Cyxtera Technologies

Cyxtera Technologies expands in Silicon Valley and Chicago

Cyxtera has announced that it is expanding its data center data footprint in Silicon Valley and Chicago. This includes the leasing of a 9MW data center based in Santa Clara, which offers 121,000 sq ft across four floors. In addition to this, the company is also adding around 1.6 MW of capacity...

June 29, 2021

Cyxtera Technologies

Singapore government and Facebook back $S17m project for sustainable tropical data centers

It has been announced that social media giant Facebook and the Singapore government are joining forces to fund a $17 million (S$23m) project to address the need to boost the number of sustainable data centers built in tropical climates. The programme is also being funded by Singapore's Nationa...

June 16, 2021

Singapore

Cyxtera agrees to a $3.4 billion SPAC merger

Cyxtera Technologies has announced it has agreed to a $3.4 billion acquisition by Starboard Value Acquisition Corp (SVAC). SVAC is a SPAC, which stands for "special-purpose acquisition company." SPACs have become popular vehicles to raise public money and then acquire real operating businesses...

February 22, 2021

Cyxtera Technologies

Cyxtera Promotes Nelson Fonseca to CEO

Cyxtera Technologies has announced that founder and CEO Manuel D. Medina has been elevated to the position of Executive Chairman for both Cyxtera and its recently announced AppGate spin-out. Current Cyxtera President and Chief Operating Officer Nelson Fonseca has been promoted to the role of C...

November 19, 2019

Cyxtera Technologies

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