Category: Business

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DC BLOX Buys Land for 18MW North Carolina Facility

PLANS US$305 MILLION INVESTMENT Multi-tenant data center provider DC BLOX, has just acquired land in High Point, North Carolina with plans to construct its tier III data center on the site. The planned DC BLOX High Point facility will be…

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Switch Launches Fifth Texas Campus via Acquisition of Data Foundry

A $420 MILLION TRANSACTION Data center provider Switch Inc., has just announced its fifth data center campus in Texas upon signing a definitive agreement to acquire Data Foundry, Inc. for $420 million in an all cash transaction. Data Foundry is…

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CapitaLand Buys Data Center Campus in China for US$565M

A 55MW HYPERSCALE CAMPUS Real estate investment company CapitaLand, has just acquired a hyperscale data center campus in China for RMB3.66 billion (approximately US$565 million), precisely located in Minhang District, Shanghai. The hyperscale campus features four data center buildings with a…

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EdgeConneX Plans 6 Data Center Expansions

PLANS AN INITIAL ADDITION OF ABOUT 20MW Hyperscale data center solutions provider EdgeConneX, has just announced a multi-market expansion plan to provide additional critical capacity to six of its facilities across North American markets. For the first phase of these…

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Davidson Kempner & Pioneer Point Plan 450MW Data Center in Portugal

A $4.2 BILLION INVESTMENT PLAN US-headquartered investment management firm Davidson Kempner and British infrastructure investment company Pioneer Point Partners, have just announced they plan to develop a 450MW hyperscale data center campus in Portugal by 2025. For this project, the…

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Russian Investor Consortium Acquires Linxdatacenter

GAINS TWO DATA CENTERS TOTALING 13,400 SQM A consortium of Russian investors has just acquired Linxdatacenter assets from it Netherlands-based parent company Linx Telecommunications Holding BV, creating an autonomous cloud service in Russia. The consortium is made up of Russian…

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Serverfarm Buys 117,500 SQF Data Center in Los Angeles

A FACILITY THAT BELONGED TO T5 DATACENTERS Data center developer and operator Serverfarm LLC, has just announced its acquisition of an 117,500 square foot data center located in El Segundo, a metro city in Los Angeles. Codenamed LAX1, the newly…

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Microsoft Plans Its First Region in Malaysia

ALSO PLANS TO SKILL 1 MILLION MALAYSIANS Microsoft Corp. has just announced its plan to establish its first data center region in Malaysia, supporting the delivery of its cloud services in the country and foster data residency. Microsoft plans to…

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PDG Secures $230M Funding for its China Expansion

PART OF ITS 1 BILLION USD EXPANSION PLAN Singapore-based data center provider Princeton Digital Group (PDG), has just secured a 230 million USD debt refinancing from China Merchants Bank to fund its expansion plan in China. The financing is expected…

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AdaniConneX to Set Up Flipkart Data Center in Chennai

THE NEW ADANI AND EDGECONNEX JV AT WORK AdaniConneX has just been selected by Indian e-commerce giant Flipkart, to set up its third national data center in Chennai. Flipkart which is also a Walmart company, established a partnership with Adani…

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