Data Center News

Hut 8 to expand in West Texas

Cryptomining company Hut 8 has revealed that it will beexpanding its operations in Texas and has signed a power purchase agreement to procure 205MW of energy for a new data center to be built on an undisclosed greenfield site in West Texas.Asher Genoot, CEO of Hut 8, said: “This transaction ex...

July 11, 2024

Texas

Hexatronic acquires parts of Icelandic services firm

Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The bus...

July 11, 2024

Sweden

New quantum computing demonstration system commissioned in Germany

A quantum computing demonstration system, the first full-stack, ion-trap-based quantum computer demonstrator made entirely in Germany by NXP Semiconductors and quantum computing startups eleQtron and ParityQC has finally been commissioned. Jan Leisse, co-founder & CEO at eleQtron, said: “W...

July 10, 2024

Germany / Deutschland

MCC complete the removal of banned Chinese equipment

Mediacom Communications Corporation (MCC) has said that it's on course to complete the removal of banned Chinese equipment from its network this month by its July 15 deadline."To date, 100 percent of the program has been completed across the areas of removal and replacement, and 99 percent of ...

July 10, 2024

China

Planqc secures €50 million in equity financing

German quantum computing startup Planqc which makes neural atom-based quantum computers, has secured €50 million ($54m) in equity financing in a Series A investment, led by the European Family Office Catron Holding and the DeepTech & Climate Fonds (DTCF).Alexander Glätzle, CEO and co-foun...

July 10, 2024

Germany / Deutschland

Ovzon launches services from debut geostationary (GEO) broadband satellite

Swedish satellite communications firm Ovzon has launched services from its debut geostationary (GEO) broadband satellite. “Ovzon’s proprietary satellite Ovzon 3 has reached its orbital position in the geostationary arc,” the company said recently. “After a few weeks of final in-orbit testing, ...

July 09, 2024

France

Start Campus names new CEO after corruption scandal

Portuguese data center company Start Campus has appointed Robert Dunn as chief executive officer, effective immediately, after the previous one was arrested in a corruption scandal that saw the country’s prime minister ousted.Dunn said: “I am excited to continue leading Start Campus as CEO at ...

July 09, 2024

Portugal

Storj acquires AI compute provider Valdi

Cloud storage company Storj has acquired Valdi, an artificial intelligence (AI) compute provider, adding AI capabilities to its cloud storage offering with Valdi's GPUs through the process.Storj's chief revenue officer Colby Winegar said: “Today’s enterprises demand new high-performance soluti...

July 09, 2024

Asia-Pacific (APAC)

InfiniG deploys in-building mobile coverage in Florida

Mobile coverage solution firm InfiniG has deployed its in-building mobile infrastructure as a Service (MCaaS) solution at the Gale South Beach Hotel in Miami. This deployment offers multi-carrier mobile coverage services to all guests in all locations in the Gale Hospitality Group-owned hotel,...

July 09, 2024

Miami

Goldman Sachs reports $1trn spends on utility upgrades with little to show for it

A research newsletter from Goldman Sachs has warned that large tech companies have ramped up capital expenditure to fuel generative AI development which will ramp up to around $1 trillion will be spent over the next few years, but have yet to show sustainable business models."So, the crucial q...

July 09, 2024

United States

ESR to sell land acquired for data center in Sydney, Australia

Industrial real estate firm ESR is looking to sell 1.5 hectares at 44-50 Waterloo Rd, which it acquired in 2021 from an AMP Capital fund for AU$71m, and had been earmarked for a data center development. The parcel is currently home to two office and industrial buildings partly occupied by Mac...

July 08, 2024

Australia

Siyata Mobile to invest in Canadian Towers & Fiber Optics

Siyata Mobile has announced that it will be investing in Canadian Towers & Fiber Optics Inc. (CT&FO), a company that specializes in developing telecoms infrastructure in Mexico. It will be purchasing an aggregate of 130,000 common shares, at a purchase price of $8.00 per share, for an ...

July 08, 2024

México

CTA calls for stricter measures against copper theft

The Canadian Telecommunications Association (CTA) has called for tougher measures to deter the theft of copper cables as related crimes have increased by an estimated 200% each year from 2021 to 2023.“It’s something we’ve seen over the past couple of years, quite a substantial increase in inst...

July 08, 2024

Canada

GlobalFoundries acquires Tagore Technology’s GaN IP portfolio

Chipmaker GlobalFoundries (GF) has acquired a gallium nitride (GaN) IP portfolio from Tagore Technology, a fabless chip company that develops gallium nitride-on-silicon (GaN-on-Si) semiconductor technology for radio frequency and power management applications.“We are committed to being the fou...

July 06, 2024

United States

Busamed migrates to private cloud environment with DataCentrix

Private South African hospital group Busamed has migrated to a private cloud environment with Datacentrix, consolidating seven on-premise data centers into a single central environment.“Due to our acquisitions, the organization had not only attained new businesses but had inherited the technol...

July 06, 2024

South Africa

Dutch telcos secure additional 5G spectrum at an auction

Dutch telcos, KPN, Odido, and VodafoneZiggo all secured 100 MHz of spectrum in the 3.5GHz band during the country's latest auction this week which raised €174.4 million.“Companies and consumers have been waiting for this moment for a long time. Meanwhile, the demand for data is growing rapidly...

July 06, 2024

Netherlands

ADNOC partners with e& for private 5G wireless networks

The Abu Dhabi National Oil Company (ADNOC) has paired with telco e& to build a private 5G wireless network that spans 11,000 square kilometers which will be the largest private 5G wireless network ever built in the energy industry.“This landmark project with e& is a milestone step in A...

July 06, 2024

Abu Dhabi

Pacific Avenue Capital Partners acquires KiddeFenwal

Private equity firm Pacific Avenue Capital Partners, a middle market-focused private equity firm specializing in carve-outs and complex situations, has acquired fire suppression company KiddeFenwal.“With its enviable product portfolio, established brand equity, and strong customer relationship...

July 05, 2024

Europe

CCEP selects Systal Technology Solutions for network transformation

Coca-Cola Europacific Partners (CCEP) has partnered with Systal Technology Solutions for its network transformation across Europe, supporting more than 6,500 devices in 300 locations across 11 countries for CCEP.“We are thrilled to officially go live with our direct service as CCEP’s trusted t...

July 05, 2024

Europe

Phaidra raises funds for data center cooling control system

Industrial AI company Phaidra has raised $12 million for its data center cooling control system from Index Ventures and will use the money for R&D, implementation, and go-to-market efforts.“The data center industry is in the midst of an arms race to build new capacity wherever land and po...

July 05, 2024

Seattle

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