Data Center News

The future of data center back-up energy

With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting cl...

August 06, 2021

Google

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Lumen Technologies

Apple and Google rally against Ireland's proposed moratorium on new data centers

Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid con...

July 28, 2021

Google

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Lumen Technologies

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

Sabey Data Centers

Sabey Data Centers issues $175 million in securitized notes

Sabey Data Centers announced that it has raised $175 million by issuing securitized notes at a coupon rate of 1.881%. By offering the notes at 1.881%, Sabey has set a record for the lowest new issue spread to benchmark rates. Also, Sabey Data Centers says it is the only data center issuer t...

July 10, 2021

Sabey Data Centers

Comcast Business forms partnership with Sabey Data Centers

Through the partnership, the telecommunications conglomerate will integrate its connectivity into data centers in Tukwila and Quincy, which will give businesses a private connection to regional Sabey data centers. According to Comcast, the move will help businesses in the local area provide be...

June 24, 2021

Sabey Data Centers

Google to migrate parts of YouTube to Google Cloud

Google has decided to migrate some of its YouTube infrastructure to its own Google Cloud Service. Initially, many of Google’s key services like YouTube and its search engine are being hosted on internal infrastructure that isn’t Google Cloud Computing Service (GCP).Thomas Kurian, CEO of Google...

June 04, 2021

Google

Google opens quantum computer data center and R&D lab, plans commercial system by 2029

Google just opened its new Quantum campus, which houses its quantum computers and serves as a Research and Development lab for future developments. The latest data center campus is located in Santa Barbara County, California. Google is also planning to spend billions of dollars on building a c...

May 19, 2021

Google

Google plans to use greener energy by moving workloads between data centers

Google will be moving workloads to data centers where renewable energy is available to boost renewable energy usage. Ross Koningstein, Co-founder of Google’s Carbon Intelligence Computing program, said that shifting compute tasks across locations is the Company’s first step in carbon-aware ...

May 18, 2021

Google

Google Cloud and SpaceX's Starlink to Deliver Secure, Global Connectivity

Google Cloud and SpaceX have announced that they have entered a new partnership which will see SpaceX's Starlink begin to locate its satellite ground stations within Google data centers. Together, through the partnership, the two firms will deliver cloud services, data and applications to cus...

May 15, 2021

Google

Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

Sabey Data Centers, one of the largest privately-owned multi-tenant data center owner/developer/operators in the United States, announced today that it has completed a major financing by successfully completing its inaugural issuance of $800 million in securitized notes. Structured by Guggenhe...

April 30, 2020

Sabey Data Centers

Google Slows Hiring for Remainder of 2020

Google has announced a significant slow down in new staff hires. Bloomberg published an email from CEO Sundar Pichai which details its plan to recalibrate hiring because of the economic slowdown. In 2019, Google hired 20,000 people and had planned to hire an additional 20,000 employees. The co...

April 15, 2020

Google

Google's Curie Cable System to Land at Equinix LA4 (PR)

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that Google has selected Equinix for its Los Angeles area cable landing station (CLS) supporting the Curie subsea cable system, the first subsea cable to Ch...

February 07, 2019

Google

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