News

Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS)  this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of par...

Tape Ark has moved a significant collection of tape-based sports video footage to Google Cloud. The cloud ingest of the collection measures over 40 petabytes of video footage. By moving it to the cloud, the broadcaster will be able save time and money on the maintenance of the collection inclu...

An unnamed company is reportedly looking at building an ‘AI data center’ on 280 acres on Yore Avenue near Lake Michigan College. Further details are unavailable at this time. Benton Charter Township is a charter township in Berrien County, Michigan, located on the east side of Lake Michigan."I...

IBM and Rensselaer Polytechnic Institute (RPI) have launched a quantum computer at RPI’s campus in New York. A chapel that the university repurposed in the 1960s, the quantum computer is be positioned next to a stained glass window and serves as a focal point of RPI’s new Curtis Priem Quantum ...

UK cloud services provider Civo has said that it will abolish all data egress fees for customers, an offer which goes beyond that which is being proposed by the hyperscalers. The company said in a statement: “The end of all egress fees on Civo comes with no requirements or limits, with busines...

Amazon Web Services (AWS) has launched a cloud-based rendering service called Deadline Cloud which will enable users to deploy and scale up graphics and handle visual effects (VFX) rendering on AWS cloud infrastructure. This rendering service is aimed at customers in media and entertainment, a...

Oracle and Palantir are teaming up on secure cloud and AI solutions aimed at governments and businesses globally. They will be combining Oracle's distributed cloud and AI infrastructure with Palantir's AI and decision acceleration platforms. In addition, Palantir will be moving its Foundry wor...

Telecom Italia (TIM) is set for a €1 billion ($1.1bn) payout after it won its 15-year dispute with the Italian government. A court in Rome ordered the government to pay the sum after TIM sought to recover the license fee it was required to pay to the state in 1998, the year after the telecoms ...

Communications equipment company Casa Systems has agreed to sell multiple assets this week after the company said it has filed for voluntary Chapter 11 bankruptcy in the US Bankruptcy Court for the District of Delaware.  “Like many in our sector, Casa has experienced a significant decline in r...

European Edge firm nLighten has acquired seven data centers from sister company Exa Infrastructure in a move which positions it as a "frontrunner" in the European data center market, while allowing Exa to focus on its terrestrial and subsea fiber network. This expansion brings nLighten's total...

Inter-city rail service Amtrak has selected a construction company for its Unified Operations Center (UOC) Facility Project, which will include a data center, in Wilmington, Delaware.  “One of our primary goals for the Renaissance Centre building is to create a new Amtrak Unified Operations Ce...

Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milesto...

The South Korean chip manufacturer SK Hynix has confirmed earlier reports about building an advanced chip packaging facility in Indiania as it revealed its plans  to invest $3.87 billion in the plant which will produce next-generation high bandwidth memory (HBM), the highest-performing Dynamic...

Google has signed more than 1.5GW worth of Power Purchase Agreements (PPAs) in the last 12 months. The company bought this amoung of clean energy through a new PPA procurement process developed in partnership with LevelTen Energy, which has now been released via the energy broker. “LEAP is hel...

Valterra Partners-owned colocation firm ColoHouse has acquired Hivelocity, a bare metal colocation provider in an acquisition which combines ColoHouse’s infrastructure and hosting services with Hivelocity’s bare metal servers, network automation, and virtual private cloud solutions. Jeremy Pea...

Digital Core REIT has acquired an additional 10 percent share in a data center in Osaka, Japan via Digital Core REIT's subsidiary, Digital CR Singapore 4 Pte. Ltd., for JPY 7,725 million (~$51.5m), from Mitsubishi Corporation. The Osaka data center is a freehold facility with a 95 percent occu...

Chinese data center firm GDS and real estate private equity firm Gaw Capital this week announced they will jointly invest in the construction of a data center campus with a total IT capacity of 40MW in Fuchu City, Tokyo.  Both companies plan to develop a carrier-neutral data center park on two...

The US Air Force has put out a request for proposals (RFP) for 'phase 2' of its enterprise IT service delivery, a contract which is a potential 10-year deal with a $12.5 billion budget and will work towards the Air Force's goals to centralize its many IT modernization efforts.  This contract i...

Airspan Networks  which specializes in developing 5G hardware and software, said it plans to trade its more than $205 million in funded debt for equity and raise up to $95 million in new equity financing and has filed for Chapter 11 protection at a Delaware bankruptcy court.  “This support agr...

US data center firms Cyxtera and Evoque are rebranding under the new Centersquare moniker. Cyxtera was acquired by Brookfield last year and is being combined with the investment firm’s other data center company, Evoque.Mullee said: “The birth of Centersquare is more than a name change. It’s a...