Data Center News

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

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

January 17, 2022 Singapore

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...

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

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

June 16, 2021 Singapore

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 National...

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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 Launches Woodlands Site in Singapore
Global Switch Launches Woodlands Site in Singapore

Global Switch Launches Woodlands Site in Singapore

March 07, 2019 Global Switch Singapore Woodlands

Global Switch formerly launched their Woodlands site. A couple quick facts: The site was built in partnership with China Telecom Global and Daily-Tech. The facility cost $280 million ($205 million USD) The facility has seven floors. (only 5 data center floors) 25,000 square meters (270,000 square...

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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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