Category: Business

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Korea Companies Sign MoU to Build $3.6B Data Center Park

A 968,000 SQUARE FOOT CAMPUS South Korea companies have just signed an agreement to build a data center park with a commitment to spend approximately 4 trillion won ($3.6 billion). The consortium of State-owned companies includes land developer Korea Land…

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EQT Completes Acquisition of EdgeConneX

THE EDGE MARKET EXPANSION EQT Infrastructure has just completed its acquisition of EdgeConneX, an Edge data center developer headquartered in Herndon, Virginia, United States. Through this acquisition, EQT Infrastructure has now expanded its data center portfolio to include EdgeConneX 40…

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Goldman Sachs Forms $500M Data Center Company

APPOINTS 3 DIGITAL REALTY’S VETERANS Goldman Sachs Merchant Banking Division has announced the formation of a new data center infrastructure company Global Compute Infrastructure LP. With an initial commitment of up to $500 million in equity capital, Goldman Sachs Merchant…

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Hyperscale Data Center Companies: Amazon, Microsoft, Google, Facebook and More

HYPERSCALE DATA CENTER TREND AND MARKET Today, hyperscale data center companies are among the top-earning ventures in the world as they leverage the ever-increasing demand for data storage, management, processing and distribution. Understanding its market trend, tradeoffs, strength and weaknesses…

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Data Center Space Rental: 4 Things You Need To Know

DATA CENTER SPACE RENTAL TIPS Data is the name of the game when it comes to competing in today’s market and an efficient data center space could determine a strong base. The ability to properly harness rich and related data…

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Google Acquires 33-acre Land in the UK

ITS FIRST OWNED UK DATA CENTER SITE Google has just acquired a plot of land north of London, precisely in Broxbourne, Hertfordshire, which could house its first owned data center in the UK. In Europe, Google has five data center…

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Interxion Acquires 40MW Expansion Land in Vienna

PLANS TO DEVELOP 4 DATA CENTERS Carrier- and cloud-neutral colocation data center provider Interxion, has just acquired a 22,000 square meter parcel of land located approximately one kilometer from its existing campus in Vienna, Austria. This acquisition expands the company’s…

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Iron Mountain and AGC Forms €300M Joint Venture

DEVELOPING A 280,000 SQUARE FOOT FACILITY Data center operator Iron Mountain, has just announced the formation of a €300 million joint venture with an affiliate of AGC Equity Partners to develop and manage a Frankfurt data center. The London-based global…

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365 Data Centers Joins Stonecourt Capital

HAVING 12 DATA CENTERS AND 22MW CAPACITY Hybrid data center and colocation provider 365 Data Centers, has just been acquired by Stonecourt Capital LP, a New York headquartered Investment Company. Through this acquisition, Stonecourt gains ownership of 365 Data Centers’…

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Equinix Closes Acquisition of 13 Facilities in Canada

REPRESENTING 25 BELL DATA CENTERS Equinix has just announced the completion or close of its acquisition of 13 data center facilities in Canada and their operations from BCE Inc. (Bell) in an all-cash transaction that amounted to  US$780 million (CA$1,041…

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