June 27, 2024 France
Telecoms OEM Nokia announced today that it has entered an agreement to sell Alcatel Submarine Networks (ASN) to the French State, represented by the Agence des Participations de l'Etat (APE) in a deal which is expected to close at the end of 2024 or the beginning of 2025.Alain Biston, president...
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June 12, 2024 France
France's nuclear waste agency, Andra, has cut down its energy usage and cooling costs by as much as 20 percent through the switch by moving from old HPE equipment to Pure Storage hardware.According to Olivier Tardy, head of infrastructure operations in the department of the CIO at Andra, the...
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June 01, 2024 France
French telco group Iliad has revealed plans to invest billions of Euros into its OpCore data center unit as it aims to expand that business unit over the next decade. The company plans to invest €2.5 billion in organic developments, supported by Iliad and a future financial partner and has also...
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May 27, 2024 France
NcodiN, a French optical interposer startup, has closed a €3.5 million ($3.8m) funding round, with Elaia, Earlybird, and OVNI Capita amongst the investors as the company looks to improve chiplet-to-chiplet communications with optical interposer technology.The company said the technology will...
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April 15, 2024 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 the...
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March 29, 2024 London
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...
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March 16, 2024 Verne Global
Investment firm Ardian this week said it had completed the acquisition of European data center firm Verne from UK infrastructure firm Digital 9 Infrastructure plc (D9). The company will support the expansion of Verne with up to $1.2bn committed investment through equity and debt to “deliver an...
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March 04, 2024 Finland
Boldyn Networks has completed its acquisition of Cellnex's private network business for an undisclosed sum. This acquisition includes Edzcom, Cellnex’s Finnish subsidiary that specializes in private networks for industrial environments.“By bringing Cellnex's private networks business unit under...
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February 29, 2024 London
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 strong...
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January 10, 2024 London
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...
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January 08, 2024 France
New French operator Phocea DC has raised €5 million to develop a new data center in Marseille from French venture firm Reflexion Capital. The planned facility will span 1,700 square meters and offer around 1.2MW with a PUE of 1.2. It will also feature two meet-me rooms, will look to reuse waste...
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December 26, 2023 Finland
Finnish vendor Nokia has agreed to sell its device management and service management platform (SMP) businesses to Lumine Group. This deal, valued at €185 million is expected to close in the first quarter of next year, subject to approval. According to Nokia, Lumine "intends to operate DM and SMP...
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December 22, 2023 France
Iliad Group has secured a €300 million loan from the European Investment Bank (EIB) to use in supporting its 5G network expansion in France. This marks the seventh loan issued to the telco by the EIB since 2009. Thomas Reynaud, CEO of the Iliad Group, said, “This financing transaction – the...
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December 01, 2023 Verne Global
UK and Nordic provider Verne Global has added liquid cooling to its underground Finnish data center campus in conjunction with Dell and Intel. Verne is now offering direct liquid cooling (DLC) for systems installed in the Rock data center, which occupies ex-military tunnels in the bedrock at...
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November 28, 2023 Verne Global
French private equity firm Ardian just purchased data center company Verne Global from Digital 9 Infrastructure. D9 bought Verne for $320 million in 2021 and has since then acquired and merged Finnish data center firm Ficolo and London’s Volta Data Centres into the Verne brand. However, D9 had...
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November 18, 2023 London
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 current...
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November 13, 2023 France
Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin...
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October 23, 2023 London
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...
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October 04, 2023 France
France's competition authority raided Nvidia's French offices on September 27, 2023, as part of a general inquiry of French antitrust authorities into the cloud computing sector. According to the Wall Street Journal, which first broke the news, the Autorité de la concurrence only said the...
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September 06, 2023 France
Work has begun on the LyonTech La Doua Calculation and Data Center (CCDD) project in Villeurbanne, France. The University of Claude Bernard Lyon 1, collaborating with the National Institute of Applied Sciences of Lyon (Lyon INSA) on the facility, has begun earthwork and structural development....
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