Data Center News

Read Tesla establishes a data center in China to store car data locally
Tesla establishes a data center in China to store car data locally

Tesla establishes a data center in China to store car data locally

May 26, 2021 China

Tesla has announced the establishment of its data center in China. The data center opening comes as a response to the criticisms from Chinese authorities that the cameras on Tesla vehicles may be used for spying. In April, the Chinese Government published some rules about data collection by smart...

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Read Underwater data center moves ahead in Hainan China
Underwater data center moves ahead in Hainan China

Underwater data center moves ahead in Hainan China

May 24, 2021 China

Hainan Port’s investment Company, Hainan Xintou, announced that it would launch its commercial undersea data center. The data center will run in 100 airtight pressure vessels on the sea bed close to China’s Changjiang Nuclear Power Plant. Beijing Highlander, a marine specialist, tested the...

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Read GDS Holdings reportedly considering acquisition of GLP’s data centers
GDS Holdings reportedly considering acquisition of GLP’s data centers

GDS Holdings reportedly considering acquisition of GLP’s data centers

May 18, 2021 China

According to a report by Bloomberg, GDS Holdings is considering acquiring GLP Pte’s data centers business. The value of the assets is substantial and estimated to be between $8-10 billion. If the prospective deal goes forward, it will enable the Chinese firm to expand its footprint, while GLP...

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Read PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)
PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

PRINCETON DIGITAL GROUP Secures $230 Million Financing, Charts Out $1 Billion Expansion in China (PR)

April 13, 2021 Princeton Digital Group

Continued progress against an aggressive 300MW expansion plan Confirms completion of fully contracted 42MW Shanghai data center campus Largest international partner to domestic and international hyperscaler customers in China SINGAPORE & SHANGHAI--(BUSINESS WIRE)--Singapore-based Princeton...

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Read Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)
Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

Princeton Digital Group Announces Two Transactions in China and Singapore As Part of US$500 Million Growth Plan (PR)

September 02, 2019 Princeton Digital Group

Singapore and Shanghai, China – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, today announced that it has acquired assets and land for data center development in China and Singapore, as part of a US$500 million...

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Read PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)
PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)

PDG to Acquire Majority Stake in XL Axiata’s Data Center Portfolio in Indonesia (PR)

July 03, 2019 Princeton Digital Group

Singapore and Jakarta, Indonesia – Singapore-based Princeton Digital Group (PDG), a Warburg Pincus-backed investor, developer and operator of internet infrastructure, announced today that it has reached a definitive agreement to acquire a 70% stake in XL Axiata’s data center portfolio. XL Axiata,...

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