September 22, 2023 DataBank
DigitalBridge Group recently revealed the completion of DataBank's recapitalization. The Group announced that DigitalBridge received an additional funding of $219 million, bringing the total costs of the recapitalization to $2.2 billion. This completed recapitalization will bring about a...
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September 08, 2023 ServerFarm Realty
Manulife Investment Management has concluded the acquisition of data center firm Serverfarm on behalf of Manulife Infrastructure Fund II. In May 2023, Manulife announced its intention to acquire a majority stake in Serverfarm. Avner Papouchado, the CEO of Serverfarm, and NantCapital LLC will...
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September 07, 2023 Digital Realty Trust
Digital Realty has announced that it's expanding into the Italian market with a new Tier IV-quality data center, named ROM1. This announcement comes following the acquisition and pre-development planning of land in Rome. The facility will sit on a 22-hectare site, with construction set to...
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September 07, 2023 Digital Realty Trust
Digital Realty plans to extend its operations into Italy and has already purchased land in Rome, the country's capital. Following the purchase of land in Rome and the subsequent pre-development planning for it, the company announced its entry into the Italian market last week. The ROM1 data...
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August 29, 2023 Verizon Enterprise
Verizon's former Pittsburgh, Pennsylvania office and data center is available for purchase or lease. It has been put up for sale or lease by Colliers and Sampson Morris Group at 5400 Campbells Run Road. The 10-acre, 1959-built office and data facility features 130,000 rentable square feet and is...
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August 22, 2023 Cogent Communications
Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...
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August 21, 2023 DataBank
DataBank has finished seven expansion initiatives throughout the United States. Over the weekend, the company announced the conclusion of seven data center projects in Dallas, Las Vegas, San Diego, Irvine, and Kansas City, in addition to two in Atlanta. In the past year, seven facilities have...
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August 10, 2023 Equinix
Equinix will invest $42 million in a new data center in Mumbai, India. The MB4 data center is anticipated to be operational by the end of the fourth quarter 2023. The MB4 data center is in the Kalwa Industrial Area, approximately 9 miles from the company's two other IBX data centers in Mumbai....
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August 08, 2023 Digital Realty Trust
Digital Realty, a global leader in the data center industry, has introduced a high-density colocation service in 28 markets across North America, EMEA, and Asia Pacific. The new service supports up to 70 kilowatts per rack of computing power. Digital stated that the increased rack densities were...
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August 03, 2023 Lumen Technologies
In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization to...
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July 28, 2023 Digital Realty Trust
TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction to...
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July 26, 2023 Digital Realty Trust
Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industries...
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July 25, 2023 Edge Centres
US data center company Multacom has been acquired by Australian Edge operator Edge Centres. This week, the companies announced the acquisition. The terms were not revealed. Edge Centres will acquire a Los Angeles-based data center operator, adding 25,000 square feet and 1-megawatt capacity across...
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July 18, 2023 Digital Realty Trust
GI Partners has acquired a majority stake in two data centers in Chicago, Illinois, from Digital Realty. This week, the business announced that it had formed a joint venture with GI Partners to sell a 65 percent stake in two stabilized hyper-scale data center facilities and their associated...
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July 17, 2023 Equinix
Equinix has announced that, through a partnership with a number of different companies, it will connect to a new district heating scheme in Frankfurt, Germany. In collaboration with Vonovia, AS Enterprise, and EB-SIM, the group aims to build a heating network for the bizonal residential area in...
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July 14, 2023 Equinix
As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to be...
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July 12, 2023 Digital Realty Trust
Digital Realty's KIX13, its newest data center in Osaka, Japan, has been certified as NVIDIA DGX H100-ready as part of the NVIDIA DGX-Ready Data Center program. The facility reportedly received this accreditation, the first Japanese facility to do so, based on its ability to provide a dedicated,...
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July 04, 2023 Equinix
This week, the company revealed the opening of TY13x. Situated in the Inzai region and opposite TY12x, TY13x provides 8MW in the first phase and 36MW when fully constructed. In October 2019, Equinix partnered with Singapore's GIC sovereign wealth fund to develop hyperscale centers under the...
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July 03, 2023 DataCanopy
The just-bought colocation company Data Canopy took over the colocation data center hosting division of IT security provider Ntirety. The deal's terms were not disclosed. Data Canopy, founded in 2007, provides colocation, connectivity, and cloud services from numerous data centers worldwide. It...
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June 30, 2023 Digital Realty Trust
Digital Realty has bought additional land for data centers in Amsterdam, Netherlands. This week, the company disclosed the acquisition of a 387,500-square-foot (8.9-acre) land parcel on its Amsterdam Schiphol campus. According to reports, the acquired land parcel can sustain a 40MW data center...
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