Data Center News

Read Gigawatt-Scale Data Center Cluster to be Developed Outside Paris, France
Gigawatt-Scale Data Center Cluster to be Developed Outside Paris, France

Gigawatt-Scale Data Center Cluster to be Developed Outside Paris, France

May 23, 2025 Paris

French national investment bank Bpifrance, UAE investment fund MGX, French AI firm Mistral AI, and Nvidia this week announced the formation of a joint venture to establish what they claim will be Europe’s largest AI campus in France.The companies said they aim to develop Europe’s first...

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Read Global Switch reveals plans for new data center in London
Global Switch reveals plans for new data center in London

Global Switch reveals plans for new data center in London

February 26, 2024 Global Switch

Global Switch has announced its plans for a new data center in London to be located adjacent to Global Switch’s existing data centers in east London’s Docklands. The company noted that the five-story facility, known as London South, will offer 40MW across 27,000 square meter. CEO Ashley Muldoon...

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Read Global Switch CEO to retire and be replaced by COO Muldoon
Global Switch CEO to retire and be replaced by COO Muldoon

Global Switch CEO to retire and be replaced by COO Muldoon

December 28, 2023 Global Switch

Global Switch CEO John Corcoran is retiring and the company has announced that he will be stepping down from his duties on December 31, 2023. Global Switch's current chief operating officer Ashley Muldoon is to be appointed CEO, and will join the board. Shareholder approval for his appointment is...

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Read Global Switch seeks buyers for European and Asia Pacific data centers
Global Switch seeks buyers for European and Asia Pacific data centers

Global Switch seeks buyers for European and Asia Pacific data centers

August 07, 2023 Global Switch

In an effort to raise $6 billion, Global Switch is contemplating selling its operations in Europe and Asia Pacific separately. According to anonymous sources cited by Bloomberg, the London-based company may offer its Europe and Asia Pacific units to separate purchasers with the expectation that...

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Read Global Switch granted permission for a new data center in East London
Global Switch granted permission for a new data center in East London

Global Switch granted permission for a new data center in East London

January 20, 2023 Global Switch

At a Tower Hamlets Council meeting, the Strategic Development Committee in London has granted Global Switch permission to develop a new data center. Located on a car park adjacent to its existing London East and London North buildings at East India Dock House, 240 East India Dock Road, the...

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Read KKR, PAG, and EQT Remain in The Race To Acquire Global Switch as Stonepeak and Gaw Dropout
KKR, PAG, and EQT Remain in The Race To Acquire Global Switch as Stonepeak and Gaw Dropout

KKR, PAG, and EQT Remain in The Race To Acquire Global Switch as Stonepeak and Gaw Dropout

November 23, 2022 Global Switch

According to Bloomberg, PAG, KKR, and EQT have been selected as the final bidders for Global Switch. Per Bloomberg, the companies are mulling over the best financing structures to seek the acquisition of the London-based firm. However, the publication noted that the initial bids didn’t meet...

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Read PAG Among Companies Now Looking To Acquire Global Switch
PAG Among Companies Now Looking To Acquire Global Switch

PAG Among Companies Now Looking To Acquire Global Switch

August 01, 2022 Global Switch

The number of companies looking to acquire Global Switch is increasing by the day as PAG has joined the long list of potential suitors. Global Switch is a London-based data center company founded in 1998 with 13 facilities across Asia, Europe, and Australia. Jiangsu Shagang, a Chinese steel...

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Read NextDC Looking To Buy Global Switch's APAC Portfolio
NextDC Looking To Buy Global Switch's APAC Portfolio

NextDC Looking To Buy Global Switch's APAC Portfolio

June 02, 2022 Global Switch

According to reports, NextDC is looking to acquire Global Switch’s Asia-Pacific arm. The Australian data center firm has contacted Macquarie Capital to find a financial partner for the purchase. Global Switch has been looking to sell its business for more than a year. Besides, it was in...

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Read Global Switch Set For Sale
Global Switch Set For Sale

Global Switch Set For Sale

May 18, 2022 Global Switch

According to Bloomberg, the owners of Global Switch are preparing to sell off the data center firm. The report shows that Global Switch Holdings Ltd. Is prepared to sell off the company to other firms due to multiple interests from investment funds and other companies in the data center industry....

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Read Several firms are looking into $11bn Global Switch buyout
Several firms are looking into $11bn Global Switch buyout

Several firms are looking into $11bn Global Switch buyout

November 24, 2021 Global Switch

Several data center and investment firms are mulling over the acquisition of data center firm Global Switch Holdings. According to Bloomberg, KKR and Blackstone Inc. are the likely forerunners of acquiring Global Switch. Equinix, Digital Realty, and DigitalBridge have also shown interest in...

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Read Lunar data center on the horizon
Lunar data center on the horizon

Lunar data center on the horizon

May 24, 2021 Paris

While a data center on the moon may seem outlandish now, soon it could very much be a reality, that’s according to NASA and ASI, the Italian space agency. As part of the NASA Artemis Moon program, ASI has teamed up with Thales Alenia Space (TAS) to study design concepts to support a facility...

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Read Console Connect now live in all Global Switch data centres worldwide
Console Connect now live in all Global Switch data centres worldwide

Console Connect now live in all Global Switch data centres worldwide

July 28, 2020 Global Switch

July 28, 2020 – PCCW Global today announced that its Console Connect Software-Defined Interconnection® (SDI®) platform is now available in many more data centres via an extended collaboration with Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral data...

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Read Global Switch Picks Banks for $1 Billion IPO in Hong Kong
Global Switch Picks Banks for $1 Billion IPO in Hong Kong

Global Switch Picks Banks for $1 Billion IPO in Hong Kong

March 01, 2019 Global Switch

HONG KONG (Reuters) - UK-based data center operator Global Switch has chosen CLSA, Goldman Sachs and JPMorgan as sponsors for its Hong Kong initial public offering (IPO) of up to $1 billion, two people with direct knowledge of the matter said on Friday. Founded in 1998 and owned by Britain’s...

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Read 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 d...

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

July 11, 2018 Global Switch

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...

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