News

Global Switch CEO John Corcoran is retiring and the company has announced that he will be stepping down from his duties on December 31, 2023. Global Switch's current chief operating officer Ashley Muldoon is to be appointed CEO, and will join the board. Shareholder approval for his appointment...

Digital Realty has announced that it signed a renewable energy agreement with the energy service provider Süwag Energie AG to procure hydroelectric power in Germany. Following this agreement, Digital Realty has secured Guarantees of Origin (GoOs) for 6,000MWh of hydropower – originating from t...

Equinix is now one of the top ten largest green bond issuers in the United States after allocating $4.9 billion in green bonds to building and efficiency projects. These bonds will fund 172 green building projects on 105 sites, along with 33 energy efficiency projects. Equinix first issued gre...

CtrlS Datacenters has broken ground on its greenfield data center in GIFT City, Gujarat, India as it announces that it intends to invest Rs 250 crore in the project which is dubbed CtrlS Gandhinagar 1 DC. At the launch ceremony, Chief Minister of Gujarat, Bhupendrabhai Patel, laid the first st...

The Rosemount City Council has voted unanimously in favor of the Meta data center development in Minnesota. Following this vote, the facility will be developed on part of the University of Minnesota's UMore Park. The approved plan d will see a 750,000 sq ft (69,670 sqm) data center campus be d...

The Meta-led 2Africa subsea cable landed at Salinetas Beach in Telde, on the island of Gran Canaria. This project was carried out through a 50:50 partnership between Vodafone and the Cabildo de Tenerife, through Canalink. Canalink said, “We are delighted to be part of this project that will in...

Intel has announced its plans to lay off 311 employees across two Californian campuses. This marks the second round of job cuts carried out by the company in California this year.  Two separate "worker adjustment and retraining notifications" (WARNs) filed with the State of California’s Employ...

Hourigan, a local developer has proposed a 320-acre data center campus outside Richmond, Virginia. The company has requested to rezone the land from agricultural to light industrial, noting that it expects to see around $1 billion invested in the project. The company said in a filing with regu...

Bluebird Network has announced it has secured a $285 million five-year credit facility which will be used to refinance its existing debt and will fund ongoing capital expenditures, including network upgrades, expansion into new markets, and an awarded Middle Mile grant build. The company added...

The University of Stuttgart has ordered two supercomputers called Hunter and Herder from HPE for its High Performance Computing Center. These systems will cost €115 million and they are expected to take the HLRS up to exascale level in two stages by 2027. Anna Steiger, Chancellor at the Univer...

The MareNostrum 5 supercomputer was recently inaugurated in Barcelona, Spain, hosted by the Barcelona Supercomputing Center. It cost roughly  €151 million to acquire and maintain this supercomputer, a fee which was split evenly between the EU and a Spanish-led consortium which includes Portuga...

British semiconductor and software company Arm has laid off more than 70 software engineers based in China due to a downturn in the country's sales of devices such as smartphones and personal computers. In 2022, the company announced that it would cut about 1000 jobs, about 15 percent of its o...

Engineering firm Avacon Group and regional energy provider enviaM Group have patnered to develop a data center in the Sehnde-Ost industrial area of Hanover, Germany. This facility will span 2,000 square meters and will potentially house 28,000 servers. The data center is being developed by a j...

Hyperscale networking firm Arrcus has joined the Ultra Ethernet Consortium (UEC), a group dedicated to delivering Ethernet-based interoperable and high-performance architecture to meet the growing network demands of AI and high-performance computing (HPC). With this move, Arrcus has committed ...

Finnish vendor Nokia has agreed to sell its device management and service management platform (SMP) businesses to Lumine Group. This deal, valued at €185 million is expected to close in the first quarter of next year, subject to approval.According to Nokia, Lumine "intends to operate DM and SM...

Colombia’s ICT Ministry MinTIC has confirmed that the country's 5G spectrum auction raised about $380 million, falling short of the expected $500 million.  Claro, Partners Telecom Colombia (WOM), and Union Temporal Colombia Móvil-Telefónica all secured 5G licenses in the auction, which lasted ...

US colocation player Involta recently acquired a plot of land with an existing data center in Green Bay, Wisconsin, to build multiple buildings on the 24.5-acre site, extending the current footprint to up to 20MW. Bruce Lehrman, founder and vice chairman of the Board of Directors for Involta s...

Arizona State University (ASU) is set to receive $17.5 million worth of investment from the Arizona Commerce Authority (ACA) to expand the state’s advanced semiconductor manufacturing capabilities. Sandra Watson, president and CEO of the ACA said, “This new investment showcases Arizona’s conti...

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...

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 ...