Data Center News

Itel Invests $20 million in Etix Everywhere JV in Bangkok

Interlink Telecom (Itel) of Thailand has declared its intention to invest in its data center partnership with Etix Everywhere. In conjunction with Australian firm Edge Centres, the company has also recently debuted an Edge facility. The Bangkok Post reports that Intel revealed plans to invest ...

May 19, 2023

Etix Everywhere

Data4 Reveals an Additional Spanish Campus in Madrid

European data center provider Data4 is constructing a second Spanish campus outside Madrid. The company disclosed plans for a new data center facility in San Agustn del Guadalix, a town located north of Madrid and close to the Sierra de Guadarrama, last week. The new MAD02 campus will encom...

April 28, 2023

DATA4 Group

Work begins on third data center at Data4's Madrid campus

Data4 has announced that it is developing a new data center building at its campus in Madrid, Spain. The third building at the Alcobendas Campus was announced by the company in a LinkedIn post this week. According to the company, the building already on the site has been demolished to c...

April 25, 2023

DATA4 Group

Data4 plans new campus in Paris

Data4 is planning a new data center campus to the southwest of Paris, in Nozay in Essone. The campus, PAR3, will be built across a 22 hectare site, which was previously Nokia’s head office in France. The company has shared its plans to construct eight data centers on the site, with an injecti...

April 06, 2023

DATA4 Group

The First OVHcloud Data Center Launched in India

As part of its ambitions for Asia Pacific development, which will see the construction of two further data centers in Singapore and Australia by 2024, OVHcloud, a pioneer in European cloud computing, has announced opening its first data center in India. The new Mumbai facility expands OVHcloud...

March 28, 2023

OVH Group

Brookfield is in Discussions to Buy Data4 in Europe

According to reports, Brookfield Asset Management is discussing purchasing European data center operator Data4. Brookfield is reportedly in 'exclusive discussions' to purchase a majority share in Paris-based Data4 that could value the operator at $3.77bn, according to unidentified sources f...

March 27, 2023

DATA4 Group

OVHcloud Opens New Data Center in Undisclosed Mumbai, India Location

A new facility has been opened by the data center company OVHcloud in Mumbai, India. The company announced the opening this week, but no information was given regarding the facility's location or specs. The facility uses OVHcloud's unique water cooling technology, which the company claimed ...

March 23, 2023

OVH Group

Quantum Computer Purchased by OVHcloud

A French data center company OVHcloud purchased a quantum computer for internal usage. The technology was created by the French company Quandela, and a photonic processor powers the 2-qubit MosaiQ computer. Delivery is anticipated for this year's fall. No purchasing price was made public. OVH ...

March 20, 2023

OVH Group

Etix Everywhere Receives $47M Investment From Eurazeo

Data center company Etix Everywhere has received a $46.8 million investment from European private equity firm Eurazo. The funding was obtained by Etix Everywhere's French division through Eurazo's infrastructure strategy, according to a report this week from Global Data Centre Group (GDC), ...

February 24, 2023

Etix Everywhere

Data4 To Open A New Data Center Facility in Hanau, Germany

Data4, a French data center company, will open a new facility in Hanau, Germany. P3 Logistic Parks, a European logistics real estate business financed by GIC, revealed plans for a massive data center campus on the grounds of a decommissioned army barracks in Hanau, east of Frankfurt, last y...

February 01, 2023

DATA4 Group

European Investment Bank Loans OVHcloud €200m

OVHcloud has secured a €200 million ($208m) loan from the European Investment Bank (EIB). The loan will be used to fund future developments. OVHcloud's goal is to provide a sustainable cloud service alternative in Europe to replace US cloud providers. It aims to support European privacy standa...

November 25, 2022

OVH Group

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...

September 26, 2022

Cogent Communications

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...

May 09, 2022

Cogent Communications

OVHcloud's solar PPA with EDF

OVHcloud has announced it has signed a 15-year renewable power purchase agreement (PPA) with EDF Renewables, whereby the energy company will supply electricity from its 50MW solar power plant, located in the south of France. The solar plant is expected to be operational by 2024“We are proud to...

December 15, 2021

OVH Group

OVHcloud goes public

OVHcloud has finally been listed on the stock exchange in France. It went public on the Euronext Paris stock exchange. The company’s opening market capitalization was €3.48 billion ($4bn). It also raised €400 million ($469m). OVHcloud opened at €18.50 per share, dipped slightly, but its sha...

October 18, 2021

OVH Group

OVHcloud suffers outage affecting global backbone

French colocation and cloud provider OVHcloud has experienced a global outage. The company experienced an outage that lasted more than one hour when it started at around 7:00 UTC. OVH revealed that a maintenance reconfiguration error caused it. Besides, OVHcloud’s status page was brought down ...

October 13, 2021

OVH Group

Strasbourg fire could cost OVHcloud €105 million ($122m)

OVHcloud could be seeing up to €105 million ($122m) leave its coffers because of the fire that destroyed its Strasbourg data center in March. The document the firm filed with a French financial authority is responsible for revealing this. Although insurance has covered most of the cost of t...

October 01, 2021

OVH Group

OVHcloud plans to raise €400 million ($469m) in new IPO

According to the Wall Street Journal, French data center and cloud services provider OVHcloud plans to raise €400 million ($469m) in an IPO in Paris, France. According to the reports from WSJ, the listing could see the Company’s value rise to over $4.7 billion. OVHcloud was founded in 1999 ...

September 22, 2021

OVH Group

Data4 to invest up to €200 million ($237 million) in new Poland campus

French data center firm, Data4 is planning to invest up to €200 million ($237 million) in its new Poland campus. According to Les Echos, Data4 wants to expand in Poland, and it will be investing over €100 million ($118m) within three years. It will also be investing up to €200 million ($237...

July 12, 2021

DATA4 Group

OVHcloud to go public by end of 2021

OVHcloud has officially confirmed that it would be going public on the Euronext stock exchange. Although OVHcloud hasn’t confirmed the date, but it will happen before the year runs out. Also, it did not say how much it expects to raise through the IPO, but it said the founder’s family, Octave...

June 16, 2021

OVH Group

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