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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Germany / Deutschland
German quantum computing startup Planqc which makes neural atom-based quantum computers, has secured €50 million ($54m) in equity financing in a Series A investment, led by the European Family Office Catron Holding and the DeepTech & Climate Fonds (DTCF).Alexander Glätzle, CEO and co-foun...
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France
Swedish satellite communications firm Ovzon has launched services from its debut geostationary (GEO) broadband satellite. “Ovzon’s proprietary satellite Ovzon 3 has reached its orbital position in the geostationary arc,” the company said recently. “After a few weeks of final in-orbit testing, ...
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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 cl...
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Portugal
Portuguese data center company Start Campus has appointed Robert Dunn as chief executive officer, effective immediately, after the previous one was arrested in a corruption scandal that saw the country’s prime minister ousted.Dunn said: “I am excited to continue leading Start Campus as CEO at ...
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Asia-Pacific (APAC)
Cloud storage company Storj has acquired Valdi, an artificial intelligence (AI) compute provider, adding AI capabilities to its cloud storage offering with Valdi's GPUs through the process.Storj's chief revenue officer Colby Winegar said: “Today’s enterprises demand new high-performance soluti...
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Miami
Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...
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United States
A research newsletter from Goldman Sachs has warned that large tech companies have ramped up capital expenditure to fuel generative AI development which will ramp up to around $1 trillion will be spent over the next few years, but have yet to show sustainable business models."So, the crucial q...
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Australia
Industrial real estate firm ESR is looking to sell 1.5 hectares at 44-50 Waterloo Rd, which it acquired in 2021 from an AMP Capital fund for AU$71m, and had been earmarked for a data center development. The parcel is currently home to two office and industrial buildings partly occupied by Mac...
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México
Siyata Mobile has announced that it will be investing in Canadian Towers & Fiber Optics Inc. (CT&FO), a company that specializes in developing telecoms infrastructure in Mexico. It will be purchasing an aggregate of 130,000 common shares, at a purchase price of $8.00 per share, for an ...
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Canada
The Canadian Telecommunications Association (CTA) has called for tougher measures to deter the theft of copper cables as related crimes have increased by an estimated 200% each year from 2021 to 2023.“It’s something we’ve seen over the past couple of years, quite a substantial increase in inst...
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South Africa
Private South African hospital group Busamed has migrated to a private cloud environment with Datacentrix, consolidating seven on-premise data centers into a single central environment.“Due to our acquisitions, the organization had not only attained new businesses but had inherited the technol...
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Netherlands
Dutch telcos, KPN, Odido, and VodafoneZiggo all secured 100 MHz of spectrum in the 3.5GHz band during the country's latest auction this week which raised €174.4 million.“Companies and consumers have been waiting for this moment for a long time. Meanwhile, the demand for data is growing rapidly...
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United States
Chipmaker GlobalFoundries (GF) has acquired a gallium nitride (GaN) IP portfolio from Tagore Technology, a fabless chip company that develops gallium nitride-on-silicon (GaN-on-Si) semiconductor technology for radio frequency and power management applications.“We are committed to being the fou...
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Amazon AWS
Amazon has partnered with the Australian government for the development of a high-security data center that will handle top-secret information with an investment of A$2 billion to be made over the next decade. Due to the "top secret" nature of the project, neither the location nor the specific...
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Abu Dhabi
The Abu Dhabi National Oil Company (ADNOC) has paired with telco e& to build a private 5G wireless network that spans 11,000 square kilometers which will be the largest private 5G wireless network ever built in the energy industry.“This landmark project with e& is a milestone step in A...
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Europe
Private equity firm Pacific Avenue Capital Partners, a middle market-focused private equity firm specializing in carve-outs and complex situations, has acquired fire suppression company KiddeFenwal.“With its enviable product portfolio, established brand equity, and strong customer relationship...
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Europe
Coca-Cola Europacific Partners (CCEP) has partnered with Systal Technology Solutions for its network transformation across Europe, supporting more than 6,500 devices in 300 locations across 11 countries for CCEP.“We are thrilled to officially go live with our direct service as CCEP’s trusted t...
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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 st...
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Seattle
Industrial AI company Phaidra has raised $12 million for its data center cooling control system from Index Ventures and will use the money for R&D, implementation, and go-to-market efforts.“The data center industry is in the midst of an arms race to build new capacity wherever land and po...
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France
Energy company TotalEnergies has unveiled the latest generation of its Pangea supercomputer, housed at the Jean Féger Scientific and Technical Center at Pau in southwest France. The Pangea 4 system is smaller and more energy efficient than the Pangea II, using 87 percent less electricity than ...
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