April 08, 2024 Singapore
Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of...
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April 08, 2024 Denmark
T-Systems has been selected to operate the mainframe infrastructure of Danish IT service provider KMD from 2025 in a contract which is the largest the company has won yet in Denmark. While T-Systems handles the operation and maintenance of KMD's mainframes, KMD will be able to focus on developing...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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April 02, 2024 Microsoft Azure
Microsofr this week announced that it has entered into a two 200MW Power Purchase Agreements (PPA) with Energy firm Leeward Renewable Energy (LRE) which will help it purchase the power generated from two 200MW LRE solar facilities currently under development in Texas: Morrow Lake Solar in Frio...
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March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
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March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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March 23, 2024 Microsoft Azure
Microsoft has signed a six-year carbon capture agreement with The Next 150 and its General Biochar Systems (GBS) business unit, which runs the biochar plant near the city of Guanajuato.. This agreement will see Microsoft purchase 95,000 tons of carbon dioxide removal credits from a biochar plant...
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March 19, 2024 Oslo
Norwegian telco Telenor, energy company Hafslund and investment fund HitecVision are building a data center in Oslo, Norway, via a newly formed joint venture, Skygard. These companies are to make a NOK 2.4 billion ($200m) joint investment in this data center which is already undergoing...
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March 15, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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March 13, 2024 Microsoft Azure
Meta has shared the details of the hardware, network, storage, design, performance, and software that make up its two new 24,000-GPU data center scale training clusters. These clusters based on Meta’s AI Research SuperCluster (RSC) are being usedto train its Llama 3 large language AI model. In a...
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March 12, 2024 Sydney
Western Sydney International Airport (WSI) has selected CDC Data Centres for its digital tower deployment. WSI will be one of the first in Australia to run a digital air traffic control tower and has partnered with CDC, Frequentis Australasia, and Airservices to develop the system. WSI will...
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March 08, 2024 Colorado (CO)
Angeles Equity Partners-owned company Data Clean Corporation this week announced the acquisition of DP Guardian, Inc., a Colorado-based provider of critical environment cleaning services and installer of airflow containment systems for data centers. “Partnering with DP Guardian is a significant...
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March 05, 2024 Singapore
Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this...
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March 04, 2024 Finland
Boldyn Networks has completed its acquisition of Cellnex's private network business for an undisclosed sum. This acquisition includes Edzcom, Cellnex’s Finnish subsidiary that specializes in private networks for industrial environments.“By bringing Cellnex's private networks business unit under...
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February 29, 2024 London
Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...
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February 29, 2024 Microsoft Azure
Platform.sh, a platform for building, running and scaling web applications, is offering customers a three percent 'greener region discount' when using a data center that consumes electricity that is less than 100gCO₂e/kWh. Customers have a choice of six data center regions across five countries...
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February 27, 2024 Singapore
Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark...
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February 27, 2024 Microsoft Azure
A fatal incident has been reported at an electrical substation being built to supply power to a new Microsoft data center in London. Reports have it that a worker was trapped after an incident involving an aerial work platform at the Park Royal, site in Ealing last week, and died of his injuries...
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February 23, 2024 Madrid
Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's...
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