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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United States
US cloud hosting firm Summit has acquired managed services provider Deft. Deft co-founders and principals Jordan Lowe, Daniel Brosk, and Eric Dynowski will join the Summit leadership team and retain a “significant ownership stake” in the business. Other terms of this deal have not been shared....
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Spain
An announcement made earlier this week at the Mobile World Congress event in Barcelona, Spain revealed that the members of the Global Telco AI Alliance (GTAA) are to establish a joint venture later this year specifically aimed at developing Large Language Models (LLMs). "We want our customers...
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Global Switch
Global Switch has announced its plans for a new data center in London to be located adjacent to Global Switch’s existing data centers in east London’s Docklands. The company noted that the five-story facility, known as London South, will offer 40MW across 27,000 square meter. CEO Ashley Muldo...
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Europe
Demand for colocation space in Europe’s data centers is outpacing supply despite an abundance of new facilities being built for customers accross the continent according to a new report. Kevin Restivo, head of European data center research at CBRE, said, “Hyperscalers have sought increasingly...
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Europe
Security services firm Securitas Technologies has revealed plans to train up and certify 10,000 workers as data center security and safety professionals. The company has also introduced certification to improve the skills of its security officers at its data centers. "The Certified Data Cente...
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Madrid
Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's Eu...
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Wales
Mavin, a UK-based IT services firm has announced it will install a Powercube data center at the Global Centre of Rail Excellence (GRCE) in Onllwyn, South Wales. “We are delighted to agree this partnership with Mavin and to utilize their cutting-edge Powercube design at the Global Centre of Rai...
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BT Global Services
Telecoms firm BT announced this week that it has agreed to sell its communications tower in London, UK for £275 million ($346.8m) to MCR Hotels. The hotel chain aims to turn this tower into a world-class hotel, but is yet to reveal details regarding this project. Brent Mathews, property direc...
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Amazon AWS
Public cloud data backup and recovery provider Clumio has raised $75m in a Series D round of funding led by Sutter Hill Ventures. Existing investors Index Ventures and Altimeter Capital, as well as new investor NewView Capital also participated in this round of funding. “Few markets are as bi...
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Israel
Silicon photonics company DustPhotonics has raised $24 million in a Series B follow-on funding round. This funding came from both new and existing investors, including Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures. The company revealed in a statement that ...
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EXA Infrastructure
Aqua Comms and Exa Infrastructure announced this week that CEO Jim Fagan has jumped ship and will be leaving Aqua Comms immediately. He will be taking over the role as CEO at Exa Infrastructure in August. Chairman Alan Harper is to provide commercial and strategic assistance throughout the rem...
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Vodafone
Vodafone, this week revealed that it has signed a 10-year Power Purchase Agreement (PPA) with energy firm RWE to procure the output from the Kaskasi offshore wind farm, 35km off the coast of Heligoland. Following the terms of this agreement, Vodafone will procure 250GWh of energy each year, w...
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Verizon Enterprise
Verizon has started construction of a new cell tower at Fort Bliss Army Post in El Paso, Texas. This tower will be constructed by Boldyn Networks and will provide connectivity to service military personnel in Texas and New Mexico. “Verizon supports our military partners through a number of in...
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United States
GlobalFoundries has been awarded $1.5 billion by the US government under the CHIPS and Science Act to subsidize the company’s future semiconductor production capabilities. The company will also be receiving another $600 million from the state of New York over the next decade under its Green Ch...
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Australia
Australian data center firm iseek has named Scott Hicks who was previously the CEO of YourDC as its new CEO. Prior to his history at YourDC, Hicks was managing director of local ISP Adam Internet from 1995 until its sale to iiNet/TPG in 2013. He is also the founder and owner of Astelec Group, ...
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Vodafone
Vodafone and UAE data center firm Edgnex announced their plans to form a joint venture in order to build a new data center in Turkey. This project is a $100 million data center in Izmir; a city in western Turkey on the coast of the Aegean Sea. It was also be Vodafone’s second in Izmir and sixt...
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Microsoft Azure
Microsoft recently revealed a planned investment of $2.1 billion in cloud computing and artificial intelligence (AI) infrastructure in Spain over the next two years. This was revealed via a post on X by Microsoft Brad Smith following a meeting with the Prime Minister of Spain, Pedro Sanchez. "...
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California
Satellite ground station startup Northwood Space, a company led by a former Disney actor, has raised more than $6 million in seed funding. This company is led by Bridgit Mendler, an actress and singer who was once a regular on the Disney Channel. She launched this startup with her husband last...
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Malaysia
GDS this week announced a 21-year Virtual Power Purchase Agreement (VPPA) with Malaysian renewable energy firm, Cenergi SEA Berhad (Cenergi), under Malaysia’s Corporate Green Power Programme (CGPP). Under the agreement, GDS has subscribed to 22.5MWac of renewable power for its Nusajaya Tech Pa...
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ST Telemedia Global Data Centres (STT GDC)
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...
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