Data Center News

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

OVHcloud's solar PPA with EDF

OVHcloud has announced it has signed a 15-year renewable power purchase agreement (PPA) with EDF Renewables, whereby the energy company will supply electricity from its 50MW solar power plant, located in the south of France. The solar plant is expected to be operational by 2024“We are proud to...

December 15, 2021

OVH Group

OVHcloud goes public

OVHcloud has finally been listed on the stock exchange in France. It went public on the Euronext Paris stock exchange. The company’s opening market capitalization was €3.48 billion ($4bn). It also raised €400 million ($469m). OVHcloud opened at €18.50 per share, dipped slightly, but its sha...

October 18, 2021

OVH Group

OVHcloud suffers outage affecting global backbone

French colocation and cloud provider OVHcloud has experienced a global outage. The company experienced an outage that lasted more than one hour when it started at around 7:00 UTC. OVH revealed that a maintenance reconfiguration error caused it. Besides, OVHcloud’s status page was brought down ...

October 13, 2021

OVH Group

Strasbourg fire could cost OVHcloud €105 million ($122m)

OVHcloud could be seeing up to €105 million ($122m) leave its coffers because of the fire that destroyed its Strasbourg data center in March. The document the firm filed with a French financial authority is responsible for revealing this. Although insurance has covered most of the cost of t...

October 01, 2021

OVH Group

OVHcloud plans to raise €400 million ($469m) in new IPO

According to the Wall Street Journal, French data center and cloud services provider OVHcloud plans to raise €400 million ($469m) in an IPO in Paris, France. According to the reports from WSJ, the listing could see the Company’s value rise to over $4.7 billion. OVHcloud was founded in 1999 ...

September 22, 2021

OVH Group

OVHcloud to go public by end of 2021

OVHcloud has officially confirmed that it would be going public on the Euronext stock exchange. Although OVHcloud hasn’t confirmed the date, but it will happen before the year runs out. Also, it did not say how much it expects to raise through the IPO, but it said the founder’s family, Octave...

June 16, 2021

OVH Group

OVH Data Center SBG2 Destroyed by fire in Strasbourg

A fire destroyed SBG2 and part of SBG1 data centers in Strasbourg, France. The facilities are part of a data center campus owned by OVH Cloud, a French cloud computing company. The fire destroyed completely destroyed SBG2 and 4 rooms out of 12 in the adjacent SBG1 data center. At this time, it...

March 10, 2021

OVH Strasbourg Campus

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