Data Center News

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 Digital Realty, IBM Expand Cloud Connections
Digital Realty, a global provider of data center, colocation and interconnection solutions and an IBM Business Partner, announced today it will expand dedicated, private access to the IBM Cloud in ...

Digital Realty, IBM Expand Cloud Connections

July 24, 2018 Digital Realty Trust

Digital Realty, a global provider of data center, colocation and interconnection solutions and an IBM Business Partner, announced today it will expand dedicated, private access to the IBM Cloud in 15 major metropolitan areas around the world. These on-ramps help ensure efficient and secure access...

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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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Read Digital Realty considering $1bn Acquisition of Ascenty
Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more.

A still unconfirmed report says that Digital Realty is talking to Great Hil...

Digital Realty considering $1bn Acquisition of Ascenty

July 10, 2018 Digital Realty Trust

Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more. A still unconfirmed report says that Digital Realty is talking to Great Hill Partners, the private-equity owner of Ascenty. None of the partners are commenting on the report from...

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Read Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought
Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong...

Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought

July 09, 2018 Equinix

Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong magnet, even for larger compute deployments. The mid-point of guidance for Equinix’s new wholesale...

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Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Equinix

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

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Read UPS Outage at Global Switch's London GS2 site

> The Global Switch data center outage in the London Docklands earlier this month has been traced to a cable end box on a UPS system. The power interruption lasted less than a second, but it took...

UPS Outage at Global Switch's London GS2 site

September 21, 2016 Global Switch: London East

The Global Switch data center outage in the London Docklands earlier this month has been traced to a cable end box on a UPS system. The power interruption lasted less than a second, but it took at least one customer two days to fully recover. The 222 millisecond outage was caused by a fault in a...

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