Data Center News

Read Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility
Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

May 09, 2022 Cogent Communications

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...

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Read OVHcloud's solar PPA with EDF
OVHcloud's solar PPA with EDF

OVHcloud's solar PPA with EDF

December 15, 2021 OVH Group

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...

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Read OVHcloud goes public
OVHcloud goes public

OVHcloud goes public

October 18, 2021 OVH Group

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 share...

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Read OVHcloud suffers outage affecting global backbone
OVHcloud suffers outage affecting global backbone

OVHcloud suffers outage affecting global backbone

October 13, 2021 OVH Group

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 due...

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

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

October 01, 2021 OVH Group

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 the...

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

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

September 22, 2021 OVH Group

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 as OVH...

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Read OVHcloud to go public by end of 2021
OVHcloud to go public by end of 2021

OVHcloud to go public by end of 2021

June 16, 2021 OVH Group

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...

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Read OVH Data Center SBG2 Destroyed by fire in Strasbourg
OVH Data Center SBG2 Destroyed by fire in Strasbourg

OVH Data Center SBG2 Destroyed by fire in Strasbourg

March 10, 2021 OVH Strasbourg Campus

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 is...

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