Data Center News

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

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

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 pe...

June 26, 2021

Iron Mountain

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

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

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 Febr...

April 21, 2021

Iron Mountain

Iron Mountain formerly launches Singapore facility

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

September 25, 2019

Iron Mountain Singapore SIN-1

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

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. ...

January 10, 2018

Iron Mountain

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

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, t...

October 05, 2017

Iron Mountain Singapore SIN-1

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