News

Nokia has entered a definitive agreement to acquire optical networking vendor Infinera for $2.3 billion with an understanding to make at least 70 percent of the payment in cash, and the overall deal including the repurchase of the $760 million in convertible notes owned by Infinera.“In 2021 we...

Google Cloud has partnered with Gulf Edge Company Limited to develop a sovereign cloud offering in Thailand which will enable customers to meet data residency, security and privacy requirements in Thailand, and will also provide access to artificial intelligence (AI) and analytics capabilities...

Google Cloud is providing a private cloud region for financial services company CME Group in Aurora, Illinois which will host a specialized platform to support global trading of CME's futures and options markets and will provide traders with access to a cloud-based low-latency network and high...

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, presiden...

Energy Cluster Denmark, Aalborg University, Heatflow, and R&R Consult have teamed up on a data center heat reuse project in Denmark which seeks to reduce power consumption, cool data center servers CO2-neutrally, and send surplus heat to the district heating network and local buildings.Paw...

Metrobloks, a new data center startup focused on metro projects this week announced an oversubscribed $5.2 million seed round led by Current Equity Partners with the backing of Serena Capital. The company noted that it designs, deploys, and operates modular and scalable data centers in underse...

Microsoft has acquired  48 acres of land at Harworth's Skelton Grange site in Leeds for £106.6 million for a data center development. The deal comprises two adjacent plots, the first plot  27 acres and sold for £52.9 million and the second totals 21 acres and will be sold for £53.2 million.“Si...

Australia's national science agency CSIRO has launched its Virga high-performance computing (HPC) cluster which comprises of  Dell PowerEdge XE9640 servers containing Intel Xeon processors, Nvidia H100 Tensor Core GPU accelerators with 94GB of high-bandwidth memory per GPU, and a Nvidia Transf...

Indian data center firm Yotta, the data center unit of Nidar Infrastructure Limited is to go public on the Nasdaq following a definitive merger agreement with Cartica Acquisition Corp. "Through its Yotta data centers, Nidar is India's leading data center provider for AI and high-performance co...

América Móvil has announced plans to increase its stake in Chilean telco ClaroVTR from from the 50 percent which was acquired as part of a 50:50 joint venture (JV) with Liberty Latin America (LLA) to 91 percent.“We are excited about the prospects of ClaroVTR. Our strong partnership with Libert...

IT service provider Hivelocity has launched a private cloud offering which uses the VMware Cloud Foundation (VCF), Cloud Director, and NSX architectures, as well as Hivelocity's pre-built infrastructure."As businesses seek to optimize their cloud expenditures while maintaining the necessary ca...

The California Public Utilities Commission (CPUC) has voted to deny AT&T’s request to be released from its duties as Carrier of Last Resort (COLR) in the state, leaving the company legally obligated to provide its telephone services to anyone who asks."Despite AT&T’s contention that pr...

Australia's national science agency CSIRO is partnering with one of Alphabet’s skunkworks projects to develop a new type of smart inverter project to better handle renewable energy on the grid through greater real-time visibility and more simulation capabilities.The prototype smart inverter wa...

Stack Infrastructure has launched a scholarship program for female students at universities in the UK which will be available to female students from lower socioeconomic backgrounds planning to study a STEM (science, technology, engineering, maths) subject.The company will be responsible for f...

Ada Infrastructure recently announced that it has received planning permission from the Newham Strategic Development Committee to develop one of London's largest data center campuses; 210MW data center campus in East London's Royal Docks in the UK.Jennifer Weitzel, president of Ada Infrastruct...

European data center firm Verne has partnered with high-performance computing (HPC) consultants OFC to deploy an HPC cluster in Iceland on behalf of open-source computational fluid dynamics (CFD) software provider Engys. Engys notes that it is able to access to 100 percent renewable hydroelect...

IT services firm Kyndryl has upgraded a data center which handles the core systems for Panasonic Information Systems.  Kyndryl reduced the data center’s air conditioning unit quantity by 10 which enabled Panasonic to reduce the CO2 generated by its data center by around 180 tons per year.“Pana...

American printing and digital products provider has announced that it will be commencing a cloud migration to Microsoft Azure cloud with help from Tata Consultancy Services (TCS). After this migration, Xerox will be able to deploy a cloud-based ERP platform and to use technologies such as gene...

A recent S&P Global Ratings research note has found that nuclear plant-owning utilities in the US are likely to sign energy deals with data centers this year. The report noted that nuclear operators poised to take advantage include Constellation Energy Group, PSEG Power, and Vistra.“While ...

Pan-African data center and fiber group WIOCC has secured green financing deal fromthe International Finance Corporation (IFC) and Proparco to fund its data center and fiber roll-out in three African countries.“We are excited to conclude this next stage of our capital raise, which will enable ...