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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
IT communications company Viavi Solutions plans to acquire telecommunications testing company Spirent Communications for £1.005 billion ($1.27bn). This acquisition is to be funded by a mixture of Viavi's existing cash, a fully committed $800m seven-year term loan from Wells Fargo Bank, and a $...
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Saudi Arabia
Hewlett Packard Enterprise (HPE) has started production at its new facility in Riyadh, Saudi Arabia, manufacturing servers for the company’s ProLiant Gen11 portfolio. The company first announced this production site as a partnership between HPE and digital solutions provider Alfanar in Februa...
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BDx Data Centers
BDx Data Centers this week announced its Singapore loan market debut with a US$155 million facility from DBS Bank and OCBC. Most of the secures financing will be used to acquire the freehold of OneTen Paya Lebar, the site of BDx’s flagship SIN1 data center. The remaining amount will be divert...
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DC BLOX
DC Blox has expanded its data center in Birmingham, Alabama, to cater for high-performance computing (HPC) workloads, adding additional IT capacity of 2.4MW. The company said it has completed a redesign of its data hall at the facility so that it can house up to 240 standard retail cabinets a...
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India / Bhārata
Singapore's Singtel has sold an 0.8 percent stake in Indian telco Bharti Airtel for S$950 million ($710m) to US-based investment firm GQG Partners, trimming it’s stake in the company from 29.8 percent to 29 percent. The company plans to invest the funds in data centers and IT services. "Last N...
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Vertiv
Vertiv has released the Vertiv Modular Designer Life, a self-service online tool to help customers design and configure prefabricated modular data centers. This tool is a user-friendly web-based application for configuring Vertiv’s SmartMod and SmartMod Max prefabricated modular data centers, ...
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India / Bhārata
Colt Data Centre Services (Colt DCS) this week announced the acquisition of a 10-acre plot in Chennai, Tamil Nadu for a new data center development. The company had previously revealed its intention to expand into India last year with a large campus in Mumbai. In September it then said it was...
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Middle East
Edge data center firm Armadathis week announced a strategic collaboration with Edarat Group, a data center engineering consulting and cloud services firm in the Middle East and North Africa (MENA) region. Following the terms of this partnership, Edarat Group will deploy Armada's modular data c...
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Virginia
Thermal management company Modine plans to expand its existing factory in Rockbridge County, Virginia with a $18.1 million investment. This expansion will create 211 new jobs in Virginia. “Virginia is a world leader in the data center industry, and we are proud to contribute to the industry’s ...
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Colorado (CO)
Angeles Equity Partners-owned company Data Clean Corporation this week announced the acquisition of DP Guardian, Inc., a Colorado-based provider of critical environment cleaning services and installer of airflow containment systems for data centers. “Partnering with DP Guardian is a significa...
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Philippines
Philippines conglomerate SM Investments Corporation (SMIC) announced that it is looking at moving beyond retail redevelopment into data centers, and is planning at least one development in Batangas, south of Philippines capital Manila. SMIC president and CEO Frederic DyBuncio said to the pres...
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CloudHQ
Content delivery network (CDN) and Edge services provider announced this week that it has acquired multi-cloud networking startup Nefeli Networks and has launched a new multi-cloud networking service based on the acquired technology. “We believe the full potential of the cloud will only truly ...
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Amazon AWS
Global payment processing company Wex Inc. has completed its primary could migration with the full migration of the benefits segment in its annual report. The report did not disclse the cloud provider it moved to. However, the company in 2021 announced that it was entering into a multiyear mi...
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Amazon AWS
Amazon Web Services has acquired Talen Energy’s 960MW Cumulusdata center campus at a nuclear power station in Pennsylvania. According to the investor presentation, Talen sold the site and assets of Cumulus Data for $650 million. The deal comprises $350 million at close and $300m escrowed, rel...
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United Kingdom
The UK government has finally approved US electronics company Vishay’s takeover of Newport Wafer Fab factory, the UK’s largest semiconductor manufacturing site. Deputy Prime Minister Oliver Dowden has now issued a consent order approving the purchase. Under the terms of the agreement, the UK ...
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Singapore
Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...
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Caribbean
A government data center in Jamaica known as the eGov Data Centre has received a J$600 million (US$3.8m) upgrade. Works relating to this upgrade began in 2020 and was managed by the Transformation Implementation Unit (TIU). Minister of Finance and the Public Service Dr. Nigel Clarke said of th...
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United States
Shenandoah Telecommunications Company (Shentel) announced that it has agreed to sell its tower portfolio which consists of 226 portfolio sites to Vertical Bridge for $310.3 million after entering into a purchase and sale agreement with Vertical Bridge last week. Shentel’s President and CEO, C...
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California
AI chip startup Groq has acquired Definitive Intelligence for an undisclosed sum to support its newly formed GroqCloud unit, which Definitive Intelligence co-founder and CEO Sunny Madra will lead. GroqCloud is a cloud platform that provides Groq hardware documentation, code samples, and on-de...
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New Zealand
Legrand has acquired New Zealand cable management firm Mechanical Support Systems (MSS) which offers services including cable containment manufacturing, supply, installation, and design, as well as bespoke fabrication. This acquisition merges MSS’ cable management solutions with the acquiring ...
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