Data Center News

Cordiant acquires two businesses in the cloud and data center sector

Cordiant Digital Infrastructure, through its Czech portfolio company České Radiokomunikace (CRA), has acquired cloud services provider Cloud4com and data center company DC Lužice. Cordiant is to acquire a Tier-III data center, DC Lužice for CZK130 million ($5.8m), and Cloud4com for an initial...

December 23, 2023

Czech Republic

Yahsat and analytics provider Bayanat agree to an all-share merger

In a joint announcement earlier this week, Satellite operator Yahsat and analytics provider Bayanat revealed that they have agreed to an all-share merger. The combined entity will be worth 15 billion dirhams ($4.1 billion), with the new entity named Space42 with Bayanat being the legal entity ...

December 23, 2023

United Arab Emirates (UAE)

Singapore considers making data centers and clouds "critical infrastructure"

Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Age...

December 22, 2023

Singapore

UAE & Egypt to collaborate on data center projects

The UAE's Ministry of Investment and the Ministry of Communications and Information Technology of Egypt have signed a Memorandum of Understanding to invest in Egypt's digital infrastructure. This MoU could lead to the development of 1GW of data center capacity in Egypt, though timelines have n...

December 22, 2023

United Arab Emirates (UAE)

Iliad secures €300 million EIB loan

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 s...

December 22, 2023

France

Dutch firms win finding for Edge data center-related project

A group of seven Dutch companies and research institutes recently won funding of €70 million for a project looking at efficient Edge data centers. The members include liquid cooling specialist Asperitas, along with BetterBe, Deerns, Eurofiber, NBIP (National Internet Providers Management Orga...

December 22, 2023

Netherlands

Applied Digital signs retail electric agreement with TerraForm Power

Applied Digital has recently signed a long-term retail electric agreement with TerraForm Power for its 200MW data center in Garden City, Texas. Following this agreement, Applied Digital will use wind power produced in Texas by TerraForm Power. Wes Cummins, Applied Digital chairman and CEO sai...

December 21, 2023

Marathon Digital: Garden City TX

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

Virginia’s Fauquier County adopts policies curbing data centers

Virginia's Fauquier County Board of Supervisors has approved a set of policies designed to curb data center developments in the area. These guidelines have been put in place to protect the county's rural character, the health and welfare of its citizens, as well as the value of the residential...

December 20, 2023

Virginia

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

Gigaclear secures £1.5 billion debt facility

UK alternative network provider Gigaclear has recently secured a new debt facility of up to £1.5 billion, which is split between an upfront facility of around £1bn ($1.26bn) and an uncommitted accordion of circa £500 million. This new debt facility was provided by a consortium of banks includi...

December 18, 2023

United Kingdom

Datagrid names Perrine Dhallum as CEO

New Zealand’s Datagrid announced this week that it has appointed Perrine Dhalluin as its new CEO, replacing Ludovic Hutier. Dhalluin was the CEO at Pacific Islands telecoms firm Intelia, before she left the role in November 2022, joining BW Digital as chief network officer. She has also held p...

December 16, 2023

New Zealand

UK government proposes new regulations for data center security

UK government launched a new consultation for data center security and resiliency regulation. The consultation dubbed “Protecting and enhancing the security and resilience of UK data infrastructure” is to source views on proposed regulations to improve the security and resilience of data infra...

December 16, 2023

United Kingdom

Armada raises funds for data center modules

Washington-based Edge computing firm Armada has announced that it recently raised $55 million for its Edge computing modules and management platform. The funds was raised from investors including Founders Fund, Lux Capital, Shield Capital, and 8090 Industries, with participation from Felicis, ...

December 16, 2023

Washington

Seraya Partners reaches goal of $800 million APAC funding

Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, win...

December 14, 2023

Singapore

Cielo to develop massive data center in Virginia’s Culpeper County

Cielo Digital Infrastructure is now on track to develop a 1.4 million square feet data center facility upon approval from Virginia’s Culpeper Country board. This project will be built on a 121-acre parcel along Nalles Mill Road following the County Board of Supervisors' vote to approve the pro...

December 14, 2023

Virginia

Arcus unveils new European data center platform

Arcus Infrastructure Partners has recently launched a new European data center platform. This comes as the company announces the purchase of Internet Port Hamburg (IPHH), a regional data center operator and Internet service provider, and the launch of Portus Data Centers. Adriaan Oosthoek, cha...

December 13, 2023

Europe

Meta signs renewable energy deal in Arizona

Social network company Meta announced this week that it has signed a new renewable energy deal in Arizona with Ørsted to support its Mesa data center with new solar energy from the Salt River Project. Following this contract, the social network company will receive most of the output of Ørsted...

December 13, 2023

Arizona

European Commission to provide €1.2 billion for cloud and Edge efforts

The European Commission will provide €1.2 billion ($1.29bn) in state funding for cloud computing and Edge development. The IPCEI Next Generation Cloud Infrastructure and Services (IPCEI CIS) was notified by all seven Member States: France, Germany, Hungary, Italy, the Netherlands, Poland, and ...

December 12, 2023

Europe

GSD raises $270m green financing for Malaysian facility

Chinese data center developer and operator GDS has raised MYR1.27 billion ($270m) in green financing for its Nusajaya Tech Park data center in Malaysia. The finance was secured from four financial institutions: UOB Malaysia, Bank of China (Malaysia) Berhad, OCBC Bank (Malaysia) Berhad, and Sta...

December 08, 2023

Malaysia

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