Seoul Data Center News

Equinix surpasses $1bn EBITDA for Q2

Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. The company Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. Furthermore, the quarter's results saw operating income up 20 percent compared to the previous qua...

August 09, 2024

Abdul-Rahman Oladimeji

Equinix

Equinix announces expansion into the Philippines with three data centers

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 cabi...

July 23, 2024

Abdul-Rahman Oladimeji

Equinix

Ericsson to book impairment charge for Vonage acquisition

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...

July 05, 2024

Abdul-Rahman Oladimeji

Equinix

Telehouse launches from three data centers in Toronto, Canada

KDDI-owned Telehouse Canada this week officially launched its first three data centers in downtown Toronto and is now offering services from three carrier-neutral data centers, located at 151 Front Street West, 250 Front Street West, and 905 King Street West."We are the first global leader wit...

June 13, 2024

Abdul-Rahman Oladimeji

Telehouse

DigitalEdge signs new energy partnership with Peak Energy

APAC data center operator Digital Edge has signed an energy partnership with APAC energy firm Peak Energy to “pursue renewable energy production projects designed to power Digital Edge data centers across the region.”“We are thrilled to partner with Peak Energy to scale our renewable energy us...

June 10, 2024

Abdul-Rahman Oladimeji

Digital Edge DC

Equinix announces second data center in Lisbon, Portugal

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...

June 05, 2024

Abdul-Rahman Oladimeji

Equinix

Equinix breaks ground in Malaysia with two new data centers

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 t...

May 28, 2024

Abdul-Rahman Oladimeji

Equinix

Digital Edge develops new storage system to replace lithium-ion batteries

APAC data center operator Digital Edge has partnered with South Korean energy storage firm Donghwa ES to develop what it calls a Hybrid Super Capacitor (HSC) as a new type of power supply for its UPS systems to replace lithium-ion batteries at its data centers.Jay Park, chief construction and...

May 27, 2024

Abdul-Rahman Oladimeji

Digital Edge DC

Digital Realty signs new PPAs in France and Spain

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. Togeth...

May 24, 2024

Abdul-Rahman Oladimeji

Digital Realty Trust

STT GDC expands into Vietnam

ST Telemedia Global Data Centres (STT GDC) is expanding into Vietnam and has announced a joint venture partnership with Vietnamese technology company VNG Corporation for the “development, construction, and operation of data center projects in Ho Chi Minh City.”“We are thrilled to partner with ...

May 18, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

Digital Realty launches new cooling colocation offering

Digital Realty this week announced the launch of a direct liquid cooling (DLC) offering, available in 170 Digital Realty data centers globally. The company noted that the offering includes a range of mechanical solutions, such as rear door heat exchangers (RDHx) and DLC, offering power densiti...

May 17, 2024

Abdul-Rahman Oladimeji

Digital Realty Trust

Digital Realty launches new data center in Japan

Digital Realty has broken ground on a new data center outside Tokyo, Japan, marking its third data center at the NRT campus in Inzai, Chiba prefecture. This new 31MW facility, known as NRT14, will be configurable to support private AI deployments at densities up to 70kW per rack via air-assist...

May 10, 2024

Abdul-Rahman Oladimeji

Digital Realty Trust

Equinix signs new solar PPAs in Singapore

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfoli...

April 29, 2024

Abdul-Rahman Oladimeji

Equinix

Digital Realty to partner with Enel X for grid balancing UPS systems

Digital Realty has revealed that it will be partnering with energy firm Enel X to roll out grid-balancing UPS systems in Ireland. The integrated battery banks, housed within Digital Realty’s Irish data centers, will relieve grid dependence on fossil fuel power plants during periods of frequenc...

April 24, 2024

Abdul-Rahman Oladimeji

Digital Realty Trust

Stack Infrastructure breaks ground on 60MW data center expansion in California

IPI-owned company Stack Infrastructure announced this week that it has broken ground on a 60MW data center expansion in Silicon Valley, California. The company plans to build two data centers to add 60MW of capacity, an advanced manufacturing facility, and a parking structure, spanning 19 acre...

March 29, 2024

Abdul-Rahman Oladimeji

STACK INFRASTRUCTURE

Equinix accused of major accounting manipulations

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at leas...

March 23, 2024

Abdul-Rahman Oladimeji

Equinix

Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 20...

March 14, 2024

Abdul-Rahman Oladimeji

Equinix

Equinix deploys 1MW solar system on Melbourne data center

Equinix has deployed a 1MW rooftop solar system at its ME1 International Business Exchange (IBX) data center at 578 Lorimer Street, Port Melbourne. The company has now completed the installation of rooftop solar systems at eight of its facilities, including Brisbane, Canberra, Melbourne, and ...

March 01, 2024

Abdul-Rahman Oladimeji

Equinix

Virtus reveals plans for new campus in Buckinghamshire, UK

UK data center company Virtus, owned by STT GDC and Macquarie Asset Management, announced plans for a new campus in Saunderton, Buckinghamshire, as it revealed the acquisition of a 50-acre plot in the village, located near High Wycombe and north of existing data center hub Slough. Virtus CEO N...

February 20, 2024

Abdul-Rahman Oladimeji

ST Telemedia Global Data Centres (STT GDC)

NTT to build new data center campus outside Paris, France

NTT this week announced its NTT GDC unit will be developing its first data center campus outside Paris, France on a 35.5-acre site located 50km south of Paris in the municipalities of Le Coudray-Montceaux and Corbeil-Essonnes. This campus will total 84MW across three buildings. Doug Adams, CE...

February 17, 2024

Abdul-Rahman Oladimeji

NTT

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