July 27, 2024 Microsoft Azure
Microsoft has announced plans to deploy Lumen’s Private Connectivity Fabric (PCF) to improve its data center network infrastructure. Lumen will also migrate its workloads to Microsoft Azure and work with the company to deliver “telecom industry-specific solutions.” Erin Chapple, corporate vice...
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July 25, 2024 QTS Data Centers
Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...
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July 23, 2024 Equinix
Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000...
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July 20, 2024 CyrusOne
CyrusOne has broken ground on a data center in Frankfurt, Germany known as FRA7. This data center , is currently being constructed on a 63,000 square meter plot at the Frankfurt Westside regeneration project managed by BEOS AG and Swiss Life Asset Managers and is set to consist of two three-story...
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July 19, 2024 Microsoft Azure
Microsoft has made an equity investment in a rare earth materials startup focused on recycling hard drives, Canada’s Cyclic Materials, a metals recycling company that has developed a patent-pending technology, CC360.“Microsoft is working to achieve zero waste across our direct operations,...
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July 18, 2024 CyrusOne
CyrusOne this week announced it secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for CyrusOne’s DFW1 data center. This data center offers 90MW across 670,000 square feet of technical space and seven data halls and the site was upgraded to water-free chillers in 2020. Eric...
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July 12, 2024 Microsoft Azure
Edge computing firm Armada has closed $40 million in funding led by M12, Microsoft’s venture fund. As part of the deal, Armada’s offerings will be made available on the Azure Marketplace.“This investment propels our total funding to over $100m and marks a significant milestone in our journey to...
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July 09, 2024 CyrusOne
Data center firm CyrusOne this week announced the closing of a $7.9 billion Warehouse Credit Facility incremental to the $1.8 billion Revolving Credit Facility financing completed in May, providing the company with approximately $9.7 billion of additional debt capital raised.“The successful...
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July 05, 2024 Equinix
Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the...
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July 04, 2024 Microsoft Azure
Microsoft has announced that CCL, a provider of IT and hybrid cloud services within local telco Spark's Business Group, will be its first at-scale cloud launch partner for the upcoming New Zealand cloud region.“We’ve seen huge interest from customers in leading end-to-end cloud services,...
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July 04, 2024 EXA Infrastructure
Exa Infrastructure and Socar Fiber have partnered to develop a new 1,850km terrestrial cable which will will span the breadth of Turkey (officially Türkiye), with the potential to run along the Iraq border as an alternative to subsea cables in the Red Sea corridor.Steve Roberts, senior vice...
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June 14, 2024 Vantage Data Centers
Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sureel...
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June 13, 2024 Microsoft Azure
Microsoft has signed a number of Power Purchase Agreements (PPAs) to procure renewable energy in Sweden and Denmark from European Energy. It will procure the output of six wind and solar sites in Spain from Repsol.“We are excited that Microsoft has committed itself to driving forward the green...
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June 08, 2024 Microsoft Azure
Microsoft has revealed its plans to build a 245,000-square-foot data center on 489 acres at the Radius Industrial Park in La Porte with a $1 billion investment.“Indiana is committed to being a central hub in the global economy of the future, and this latest announcement ensures Hoosier...
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June 05, 2024 Equinix
Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...
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June 03, 2024 Microsoft Azure
Microsoft is reportedly nearing a multi-million-euro agreement with cloud lobby CISPE- also known as Cloud Infrastructure Services Providers in Europe to put an end to its antitrust complaint according to news first reported by Politico. However, a CISPE representative denied the claims to...
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May 30, 2024 OVH Group
European cloud provider OVHcloud is launching a Local Zone Edge location suitable for workloads with latency-sensitive services such as real-time analytics, e-commerce websites, content delivery networks (CDN) for replay and streaming videos, and cloud gaming in Rabat, Morocco. The cloud provider...
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May 28, 2024 OVH Group
European cloud provider OVHcloud has launched a Local Zone Edge location in Zurich, Switzerland, suitable for workloads with latency-sensitive services such as real-time analytics, e-commerce websites, content delivery networks (CDN) for replay and streaming videos, and cloud gaming. Services...
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May 28, 2024 Equinix
Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and top...
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May 24, 2024 Digital Realty Trust
Digital Realty this week announced the signing of several power purchase agreements (PPA) to power its European operations in France and Spain. The company signed a package solar deal comprising three separate 12-year agreements in Spain and two 15-year deals for wind energy in France. Together,...
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