Data Center News

Johnson Controls sells Air Distribution Technologies unit

Johnson Controls this week announced it had reached a definitive agreement to sell its Air Distribution Technologies business to Truelink, a middle-market private equity firm based in Los Angeles. The brands included in this sale are Koch Filter, Titus, Ruskin, Krueger, PennBarry, and Tuttle ...

June 21, 2024

Los Angeles

Atlanta City Council members propose new bill to block data center developments

Atlanta City Councilmen Jason Dozier and Matt Westmoreland have introduced bills to block data center developments around certain areas of the Georgia city near transit stops and the Beltline.“Excited to introduce legislation alongside Matt Westmoreland to address the rapid growth of data cent...

May 10, 2024

Atlanta

Hydrogen demonstration facility launches in Austin, Texas

A hydrogen demonstration facility has launched in Austin, Texas and will help provide power to the Texas Advanced Computing Center (TACC) data center via a fuel cell. The project – located at the University of Texas (UT) J.J. Pickle Research Campus in Austin – is a collaboration between GTI En...

April 29, 2024

Austin

Viasat launches new headquarters in London

Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for t...

April 15, 2024

London

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

Vertiv installs grid-interactive UPS in Sweden data centers

Swedish colocation data center provider Conapto has installed Vertiv Liebert EXL S1, an Uninterruptible Power Supply (UPS) system that provides an integrated solution for critical power protection and grid support capabilities. “With the introduction of dynamic grid support, we are empowering ...

March 19, 2024

Stockholm

Three companies invest in combined $200m data center in Oslo

Norwegian telco Telenor, energy company Hafslund and investment fund HitecVision are building a data center in Oslo, Norway, via a newly formed joint venture, Skygard. These companies are to make a NOK 2.4 billion ($200m) joint investment in this data center which is already undergoing constru...

March 19, 2024

Oslo

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

Verizon kickstarts construction of new cell tower in Texas

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...

February 21, 2024

Verizon Enterprise

Former Sungard data center is up for sale in New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The proper...

February 14, 2024

New Jersey

Gcore launches new serverless Edge solution

European cloud and CDN firm Gcore has launched a new serverless Edge solution called FastEdge. FastEdge is built upon Gcore's content delivery network (CDN), which distributes the custom code across more than 160 Edge nodes worldwide. Gcore notes that this serverless Edge solution was designed...

February 07, 2024

Luxembourg

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

T.Loop acquires 800 square meters facility in Stockholm

New Swedish operator T.Loop has acquired a 800 square meter data center located in the center of Stockholm, Sweden. Details about ths facility including the seller and the terms of the transaction have not been shared. However, the company noted that this facility will be modernized throughout...

January 09, 2024

Stockholm

Axiom Space to launch orbital data center

Space infrastructure business Axiom Space has planned to develop an 'orbital data center.' The company is currently developing the world’s first commercial space station, which will initially be a part of the International Space Station, but is planned to separate and remain in orbit, once the...

December 21, 2023

Houston

Lightmatter officially becomes a unicorn

Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall, Li...

December 19, 2023

Boston

Evroc to build its first data center in Stockholm

New data center firm Evroc announced last week that it has signed an agreement with Arlandastad Group to select Stockholm as the location for its first facility and build it in 2024. The company also mentioned that it plans to invest €600 million in the project, which is one of ten it intends ...

December 04, 2023

Stockholm

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

X claims $100m annual savings upon exiting Sacramento data center

X, the social media company formerly known as Twitter, claims to have saved $100 million annually after exiting its Sacramento data center via a post on the platform. X further claimed to have saved a significant amount by repatriating some of its workloads to on-prem data centers. The company...

November 02, 2023

Sacramento

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