Data Center News

IBM Will Open San Sebastián Quantum Computing Facility at Ikerbasque Campus

A quantum computer will be installed in San Sebastián, located in the Basque Country of Spain, thanks to a collaboration between IBM and Fundación Ikerbasque. The IBM-Euskadi Quantum Computing Center is anticipated to launch by the end of 2024. It will deliver Qiskit Runtime services from a...

March 28, 2023

Kyndryl

Etix Everywhere Receives $47M Investment From Eurazeo

Data center company Etix Everywhere has received a $46.8 million investment from European private equity firm Eurazo. The funding was obtained by Etix Everywhere's French division through Eurazo's infrastructure strategy, according to a report this week from Global Data Centre Group (GDC), ...

February 24, 2023

Etix Everywhere

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...

September 26, 2022

Cogent Communications

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...

May 09, 2022

Miami

An IBM-occupied data center in Dallas has been sold for $41 million

Five 9s Digital has revealed that it advised the owner of an IBM-leased data center in Dallas, Texas, to sell it off. The unnamed owner sold the facility for $41 million. However, the exact data center the firm sold can’t be identified at this moment as IBM has many data centers in Dallas. IBM...

October 22, 2021

Kyndryl

BentallGreenOak completes the acquisition of two Canadian IBM data centers in sale-leaseback deals

A Canadian property manager called BentallGreenOak has acquired two IBM data centers in Canada in sale-leaseback transactions. BGO announced that it bought the two facilities. One of the facilities it acquired is in Montreal, while the other is in Markham. The facility in Montreal is at 275...

September 28, 2021

Kyndryl

I Squared Capital closes the acquisition of GTT, launches Exa Infrastructure

I Squared Capital has completed the acquisition of GTT’s infrastructure business. It has also launched a new Company with the name Exa Infrastructure in the process. I Squared Capital acquired GTT Communications’ subsea, data center assets, and terrestrial network infrastructure. The acquir...

September 20, 2021

EXA Infrastructure

IBM announces 21 sustainability goals

IBM is one of the latest data center companies to commit itself to net-zero GHG emissions by 2030. In its most recent Environmental Report, the company set out twenty-one environmental sustainability goals and also outlined its involvement with the European Green Digital Coalition.As a foundin...

July 15, 2021

Kyndryl

GTT is considering Bankruptcy threatening the $2.15 billion sale to Interoute

It is being reported that GTT Communications is considering bankruptcy. A potential bankruptcy would interrupt the infrastructure sale (which was primarily the former Interoute, KPN and Hibernia) for $2.15 billion. We will be watching closely as the story develops.Additional Information: http...

February 19, 2021

EXA Infrastructure

GTT sells Infrastructure Division for $2.15 Billion (Hibernia, KPN, Interoute)

GTT has announced that it has signed an agreement to sell its Infrastructure division to I Squared Capital (ISQ) for $2.15 billion. GTT signaled plans to sell the infrastructure business last fall when it hired Credit Suisse Group and Goldman Sachs as financial advisors. It's expected that IS...

October 16, 2020

EXA Infrastructure

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