Data Center News

Read SGTech's response to Singapore's data center quota
SGTech's response to Singapore's data center quota

SGTech's response to Singapore's data center quota

April 11, 2022 Singapore

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...

Read more
Read Singapore and Silicon Valley tie second place in data center rankings
Singapore and Silicon Valley tie second place in data center rankings

Singapore and Silicon Valley tie second place in data center rankings

February 03, 2022 Singapore

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...

Read more
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...

Read more
Read Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers
Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

June 26, 2021 Iron Mountain

US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year...

Read more
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...

Read more
Read Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks
Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

April 21, 2021 Iron Mountain

Iron Mountain is expected to invest $150 million over the next two years in a joint venture with Web Werks. Web Works is one of India’s top colocation data center providers. Iron Mountain, which is a storage and information management services company first announced its plan to invest on...

Read more
Read Iron Mountain formerly launches Singapore facility
Iron Mountain formerly launches Singapore facility

Iron Mountain formerly launches Singapore facility

September 25, 2019 Iron Mountain Singapore SIN-1

Iron Mountain held a launch event this week for SIN-1 in Singapore, the facility it acquired from Credit Suisse in 2017. The data center is the company's first facility in Asia.Iron Mountain Press Release

Read Iron Mountain completes it $1.3 billion acquisition of IO Data Centers
Iron Mountain completes it $1.3 billion acquisition of IO Data Centers

Iron Mountain completes it $1.3 billion acquisition of IO Data Centers

January 10, 2018 Iron Mountain

Iron Mountain Inc. completed its acquisition of the U.S. operations of Phoenix-based IO Data Centers LLC on Wednesday. Iron Mountain (NYSE: IRM), the Boston-based storage and information management services company, bought IO for $1.34 billion. Iron Mountain announced the acquisition Dec. 11. The...

Read more
Read Iron Mountain Buys Credit Suisse Data Centers in London and Singapore (PR)
Iron Mountain Buys Credit Suisse Data Centers in London and Singapore (PR)

Iron Mountain Buys Credit Suisse Data Centers in London and Singapore (PR)

October 05, 2017 Iron Mountain Singapore SIN-1

Iron Mountain to acquire two Credit Suisse data centers in London and Singapore for approximately $100 million, which would add 273,000 square feet to its growing data center portfolio Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, today...

Read more

Ready to Level up Your
Data Center Strategy?