Data Center News

Read Internap Emerges from Bankruptcy
Internap Emerges  from Bankruptcy

Internap Emerges from Bankruptcy

May 11, 2020 HorizonIQ

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerged...

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Read Google Slows Hiring for Remainder of 2020
Google Slows Hiring for Remainder of 2020

Google Slows Hiring for Remainder of 2020

April 15, 2020 Google

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...

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Read Digital Realty launches SIN12, a new 50 MW data centre in Singapore
Digital Realty launches SIN12, a new 50 MW data centre in Singapore

Digital Realty launches SIN12, a new 50 MW data centre in Singapore

April 10, 2020 Digital Realty Singapore Loyang 2

Digital Realty has launched a new 50 MW data centre in Singapore. The new facility, Digital Loyang II (SIN12), is partially pre-leased to a major Singaporean multinational banking and financial services corporation, a global digital banking, fintech and sustainability company, and a leading...

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Read Big Data Exchange (BDx) Acquires Telstra Data Center in Singapore
Big Data Exchange (BDx) Acquires Telstra Data Center in Singapore

Big Data Exchange (BDx) Acquires Telstra Data Center in Singapore

April 09, 2020 BDx Singapore SIN1

Big Data Exchange just got bigger. The carrier neutral, content-exchange company announced the completion of sale on a data center located in Paya Lebar, Singapore formerly owned by Telstra. "Expanding into Singapore was our first choice outside of the greater China area and a strategic one on...

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Read Macquarie finalizes acquisition of AirTrunk
Macquarie finalizes acquisition of AirTrunk

Macquarie finalizes acquisition of AirTrunk

April 08, 2020 AirTrunk

Macquarie has finalized the acquisition of AirTrunk. The deal, which values AirTrunk at $1.9B (USD), was led by Macquarie Asia Infrastructure Fund 2 (MAIF2) and other MIRA-managed partners. The 88% stake was acquired from Goldman Sachs, Sixth Street Partners (formerly TSSP) and from AirTrunk...

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Read SUNeVision lands Microsoft ExpressRoute on MEGA Campus
SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

April 01, 2020 Microsoft Azure

SUNeVision Holdings Ltd, a Data centre provider in Hong Kong, has announced a new Microsoft Azure ExpressRoute on-ramp. Enterprises will have the ability to directly connect to Azure in MEGA-i, either through an onsite point of presence (PoP) or via telco partners, managed service providers or...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

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Read Equinix opens its 4th facility in Singapore
Equinix opens its 4th facility in Singapore

Equinix opens its 4th facility in Singapore

March 24, 2020 Equinix Singapore SG4

Equinix invested an initial $74M into SG4, the company’s fourth International Business Exchange (IBX) data center in Singapore. The first phase of the SG4 IBX has more than 45,400 SF of colocation space, with plans for 132,180 SF of colocation space at full build-out. Equinix Press Release:...

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Read Internap files for Bankruptcy
Internap files for Bankruptcy

Internap files for Bankruptcy

March 16, 2020 HorizonIQ

Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subsidiaries...

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Read Digital Realty completes Acquisition of Interxion, a European Colocation Provider
Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

March 13, 2020 Digital Realty Trust

Digital Realty Trust has closed its acquisition of Interxion. Interxion was one of the largest independent colocation providers in Europe. It was a smart pick up by Digital. The Interxion portfolio includes many densely interconnected buildings which will include Frankfurt, Madrid, Vienna,...

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Read Macquarie to acquire AirTrunk
Macquarie to acquire AirTrunk

Macquarie to acquire AirTrunk

January 10, 2020 AirTrunk

Bloomberg reports that AirTrunk has agreed to be acquired by Macquaire Infrastructure & Real Assets for $2.1 billion USD ($3 billion AUD). AirTrunk, an Australian based provider, operates data centers in Sydney, Melbourne, and Singapore and has announced plans to open a facility in Hong Kong...

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Read Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico
Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

January 09, 2020 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....

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Read Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang
Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

November 28, 2019 Colt Data Centre Services

Colt Data Centre Services (DCS) today announced the appointment of its new Chief Executive Officer, Niclas Sanfridsson effective December 2nd. Sanfridsson will replace the Detlef Spang as CEO. Detlef Spang plans to retire at the end of this year after leading Colt DCS since the company's...

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Read Cyxtera Promotes Nelson Fonseca to CEO
Cyxtera Promotes Nelson Fonseca to CEO

Cyxtera Promotes Nelson Fonseca to CEO

November 19, 2019 Cyxtera Technologies

Cyxtera Technologies has announced that founder and CEO Manuel D. Medina has been elevated to the position of Executive Chairman for both Cyxtera and its recently announced AppGate spin-out. Current Cyxtera President and Chief Operating Officer Nelson Fonseca has been promoted to the role of CEO...

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Read AirTrunk appoint Mark Adams as Advisory Board Member
AirTrunk appoint Mark Adams as Advisory Board Member

AirTrunk appoint Mark Adams as Advisory Board Member

October 28, 2019 AirTrunk

AirTrunk today announced the appointment of Mark Adams as an independent advisory board member. Along with advising the AirTrunk board, Mark will provide strategic input into AirTrunk’s Asia-Pacific expansion plan. Mark is a seasoned strategy and M&A executive and brings to AirTrunk his...

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Read Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)
Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

October 04, 2019 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas of...

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Read Iron Mountain formerly launches Singapore facility
Iron Mountain formerly launches Singapore facility

Iron Mountain formerly launches Singapore facility

September 25, 2019 Iron Mountain Singapore SIN-1

Iron Mountain held a launch event this week for SIN-1 in Singapore, the facility it acquired from Credit Suisse in 2017. The data center is the company's first facility in Asia.Iron Mountain Press Release

Read Keppel becomes landlord, but 1-Net still will operate the colocation business at 1-Net North
Keppel becomes landlord, but 1-Net still will operate the colocation business at 1-Net North

Keppel becomes landlord, but 1-Net still will operate the colocation business at 1-Net North

September 20, 2019 1-Net Singapore Pte Ltd

Keppel announced the acquisition of 1-Net North for $200 million. 1-Net will still run its colocation operations from in the site. In other words, Keppel will be the landlord and 1Net will still operate the data center. 1-Net has issued a Press Release the clarifies the issue: NOTICE OF...

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Read NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic
NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

September 18, 2019 NTT

Data Center Frontier reports that NTT plans to rebrand all its data center subsidiaries into one brand. The combined company will be launched at PTC in January 2020 and be headquartered in LondonThe rebrand includes all of NTT subsidiaries. RagingWire e-shelter NetMagic Gyron and NTT branded data...

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Read Keppel DC REIT acquires two data centers and raises equiity (PR)
Keppel DC REIT acquires two data centers and raises equiity (PR)

Keppel DC REIT acquires two data centers and raises equiity (PR)

September 16, 2019 1-Net North Data Centre

Keppel DC REIT announces two data centre acquisitions in Singapore and launches equity fund raising DPU-accretive acquisitions will strengthen Keppel DC REIT's portfolio and increase assets under management significantly by 30.7% to $2.58 billion Proposed acquisitions will be funded by a...

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