Data Center News

Oriole Networks raises £10 million in seed funding

University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to inc...

March 29, 2024

London

Segro to develop new data centers after £900 million share issue

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said stron...

February 29, 2024

London

Mavin to install Powercube data center in South 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...

February 23, 2024

Wales

Iris Energy and Poolside sign new partnership

Iris Energy and AI startup Poolside have gotten into an agreement to give the latter cloud access to Nvidia GPUs. According to Iris Energy, the initial contract is three months, with a potential three month extension. Daniel Roberts, co-Founder and co-CEO of Iris Energy, said: “We are pleased ...

February 08, 2024

Texas

Swiss Life Asset Managers acquires major stake in Telecom Infrastructure Partners

Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of value...

January 10, 2024

London

Vantage to break ground in Taipei

Vantage Data Centers is planning to expand data center operations into Taipei, Taiwan. The company announced this week that it is planning a new facility in Taipei called TPE1 data center and it is expected to be open in mid-2024. This new facility is being constructed on a 2-acre site. It is...

December 11, 2023

Vantage Data Centers

Open Access Data Centers to expand Johannesburg facility

Pan-African operator Open Access Data Centers (OADC) plans to expand its data center in Johannesburg, South Africa, and has reportedly begun work on phase two expansion of its Isando facility, which is expected to be complete in Q1 2024, adding 4MW and 600 racks. Darren Bedford, group chief b...

November 22, 2023

Johannesburg

OpenAI president Greg Brockman quits as the company fires CEO

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company ...

November 20, 2023

San Francisco Bay Area

OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technol...

November 19, 2023

San Francisco Bay Area

Ridge purchases UK data center consultancy Concert

Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its curre...

November 18, 2023

London

Data Clean Corp acquires data center cleaning business Sealco

Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the mos...

November 17, 2023

Texas

Vantage closes €2.5 billion investment deal in Europe

Vantage Data Centers has finalized an investment partnership with DigitalBridge and a consortium of investors led by MEAG and Infranity for some of its European data center assets. The collaboration between both companies consists of six data center facilities across Europe, valued at around €...

November 02, 2023

Vantage Data Centers

ICG completes £125 million purchase of London DC portfolio

Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...

October 23, 2023

London

BCX partners with Alibaba to launch cloud products in Johannesburg, South Africa

Telkom subsidiary BCX, in partnership with Alibaba Cloud, officially launched its Africa Local Public (ALP) Cloud service from two Johannesburg-based data centers last week. Both companies entered a partnership that grants BCX exclusive rights to distribute Alibaba Cloud’s products and service...

October 13, 2023

Johannesburg

Smith County data center to get $2million renovation

Smith County, Texas is giving its data center at 200 E. Ferguson Street, Texas, the Smith County Annex a $2 million upgrade. This upgrade scheduled to begin on November 1, 2023, is expected to be completed by December 20, 2024.The mission for this upgrade is focused on enhancing the IT infras...

October 09, 2023

Texas

GIP invests $450 million into Vantage Data Centers

Independent infrastructure investor Global Infrastructure Partners (GIP) along with its affiliates and co-investors, recently announced an investment in a term loan facility of up to $450 million in Vantage Data Centers. GIP acted as the lead investor in this transaction, with support from the...

October 07, 2023

Vantage Data Centers

Prea obtains authorization for 100MW Berlin data center

The construction of a 100MW data center in Berlin, Germany, has received planning approval. This week, the German consulting and services firm Prea announced that it has received approval to construct a new data center in Berlin in collaboration with the Dutch developer Van Caem.Four four-stor...

September 20, 2023

Berlin

Vantage Data Centers EMEA receives $1.6 bn from AustralianSuper

AustralianSuper has made an investment in Vantage Data Centers' EMEA operations. Last week, the company announced it would invest $1.6 billion to acquire a "significant minority stake" in Vantage Data Centers Europe, Middle East, and Africa (Vantage EMEA), backed by DigitalBridge. The pension ...

September 11, 2023

Vantage Data Centers

Vantage purchases two parcels of land in San Antonio, Texas

Vantage Data Centers has made its first land purchases in Texas, both in San Antonio. The San Antonio Report reads, based on public records from Bexar County, that Vantage has acquired 89 acres of land in San Antonio spread across two separate parcels.On August 9, the firm purchased 31 acres a...

September 04, 2023

Vantage Data Centers

Vantage outlines a data center facility in Atlanta, Georgia

Vantage Data Centers intends to construct a new campus in the Atlanta, Georgia, district of Douglas County. Vantage plans to construct nearly 1.7 million square feet of data center floor space through three buildings in Douglasville, according to a filing with the state under the Developments ...

August 22, 2023

Vantage Data Centers

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