Data Center News

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

Telco Group Aire merges with Canary Islands telco Idecnet

Spanish telecoms firm Aire this week announced that it is acquiring Canary Islands telco Idecnet as it looks to consolidate its presence in the region. Raúl Aledo, CEO of Grupo Aire, said, “The arrival of Idecnet to Grupo Aire responds to our national and international growth strategy, which ...

January 10, 2024

Spain

Sandbox AQ acquires Good Chemistry

Alphabet quantum spinout Sandbox AQ has acquired quantum and computational chemistry startup Good Chemistry. Neither of the companies disclosed the terms of this acquisition. However, the Wall Street Journal reported that the deal is worth $75 million and comprises of cash and stock. SandboxAQ...

January 10, 2024

United States

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

TierPoint acquires multi-megawatt facility in Texas

US colocation provider TierPoint this week announced that it has acquired a multi-megawatt data center in Fort Worth, Texas. This data center located at 13701 Independence Parkway is the company’s third in the Dallas-Forth Worth area. The colocation provider noted that this facility sitting o...

January 09, 2024

Tierpoint Fort Worth

Three Ireland partners with Ericsson to launch 5G SA network

Three Ireland has partnered with Ericsson to launch a 5G Standalone network said to be the first in Ireland. Ericsson noted that this launch is initially available on a trial basis and will eventually be available to select corporate customers who will have the opportunity to test and trial it...

January 08, 2024

United Kingdom

Reserve Bank of Australia to relocate colocation facility

The Reserve Bank of Australia (RBA) recently announced plans to decommission its head office data center in Sydney and relocate to a colocation facility. Moreso, other RBA data centers will get an all-new core infrastructure, and the Bank will migrate all of its applications and workloads to t...

January 08, 2024

Australia

Stack Infrastructure to expand AI data center capabilities

Stack Infrastructure recently announced that it is expanding its AI data center capabilities with high-density racks to help support the growing requirements of machine learning workloads. Matt VanderZanden, chief operating officer of Stack Americas said, “Stack was built for the world’s large...

January 08, 2024

Americas

New French operator raises €5 million for new facility

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 was...

January 08, 2024

France

CAT dismisses Motorola’a appeal against the CMA

The Competition Appeal Tribunal (CAT) has dismissed Motorola’s appeal against the Competition and Markets Authority (CMA). Motorola, in its appeal, had claimed that the CMA made errors in assessing competition in the relevant market and the profitability of the Airwave Network. However, the CM...

January 06, 2024

United Kingdom

Richard Hegberg appointed as Aspinity’s CEO

Analog machine learning chip developer Aspinity has announced Richard Hegberg as its new CEO to replace the company’s co-founder Tom Doyle, who has held the position of CEO for the previous seven years. Doyle will, however, remain as a board member and will become the company’s chief operating...

January 06, 2024

United States

Microchip Technology awarded $162 million in CHIPS Act funding

Microcontroller manufacturer Microchip Technology is set to receive $162 million in funding from the US CHIPS and Science Act to support an increase in the company’s production of microcontroller units (MCUs) and other technology in the country. Ganesh Moorthy, President and CEO of Microchip,...

January 06, 2024

United States

Raleigh County suspends data center proposal indefinitely

West Virginia's Raleigh County Commission has indefinitely suspended a data center proposal for a new facility, which was to be developed between Flat Top Road and Joe Cooper Farm Road in Shady Spring. This development is now no longer under consideration with the County for lack of informatio...

January 05, 2024

West Virginia

Co-CEO Alexandre Fonseca leaves Altice amidst corruption probe

Altice co-CEO Alexandre Fonseca has left the group following an investigation into alleged corruption at the telco, despite not being a suspect in the investigation. Fonseca has also temporarily stepped down to “fully protect and safeguard” Altice as the investigation was carried out in July. ...

January 05, 2024

Portugal

Semi-conducor-related facilities in Japan suffer damage from 7.6 magnitude earthquake

Findings by analyst house TrendForece found that several semiconductor-related facilities in Japan have been affected by the 7.6 magnitude earthquake that hit the Ishikawa region on the first day of the year. Multilayer ceramic capacitor (MLCC) manufacturer Taiyo Yuden; silicon wafer producers...

January 05, 2024

Japan

Data Center sold in West Des Moines, Iowa

Wells Fargo recently sold 7001 Westown Parkway and 1725 68th Street, which had been listed on its site for a combined $16.5 million, to commercial and residential brokerage WB Realty Co. A JLL sales brochure described the property as offering 36,230 square meters of office space, along with an...

January 04, 2024

Iowa

Meta signs new EAPA in Illinois and Arkansas

Social media firm Meta has signed a 330MW solar Environmental Attributes Purchase Agreement (EAPA) with Adapture Renewables in Arkansas and Illinois. Following this agreement, Meta will buy solar energy from three of Adapture Renewables' solar projects that are currently under development in t...

January 03, 2024

Arkansas

Airtel Africa CEO to retire in July 2024

Airtel Africa revealed in an announcement this week that it’s CEO, Olusegun Ogunsanya, is to retire and will officially step down from his role in July 2024. He will then become the Airtel Africa Charitable Foundation’s inaugural Chair. Sunil Taldar has been appointed as managing director and ...

January 03, 2024

Africa

Virginia residents file lawsuit over data center development

A group of residents in Prince William County, Virginia recently sued the Board of County Supervisors through their formed non-profit "Devlin Defend Corporation” over a data center development. The residents submitted this lawsuit on December 28, hoping to stop the development of a nine-buildi...

January 03, 2024

Virginia

Former SiFive executives join leadership team at MIPS

MIPS, a company focused on the development of high-performance RISC-V compute IP recently announced that two former SiFive executives have joined its executive leadership team. Drew Barbier has joined as VP of products and Brad Burgess has been named chief architect. Sameer Wasson, CEO of MIPS...

January 03, 2024

United States

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