A JOINT VENTURE FOR 3 HYPERSCALE DATA CENTERS Equinix Inc. has signed a joint venture with Singapore sovereign wealth fund GIC to develop and operate three data centers in Japan. The Joint Venture is worth more than $1 billion in…
SPURRED BY INCREASED DEMANDS AMIDST COVID-19 Alibaba announced today (Monday) that it plans to invest 200 billion yuan ($28.26 billion) in its cloud computing arm over the next three years. According to the tech giant, this cloud expansion plan was…
PAYPAL’S 184,000SF FACILITY Landmark Dividend, a real estate development company has acquired a data center campus in Phoenix, Arizona, which was owned by PayPal. The newly acquired facility is an 184,000 square foot campus with three data center buildings and…
FUND MEALS FOR PEOPLE US-based data center services provider CyrusOne, has announced a donation of $300,000 to charities for the provision of meals to people challenged with food insecurity due to the coronavirus pandemic. The real estate investment trust (REIT)…
BDX EXPANDS OUT OF CHINA Hong Kong based data center service provider Big Data Exchange (BDx), has announced its acquisition of a data center located in Paya Lebar, Singapore which was owned by Telstra. BDx plans to upgrade the Singapore…
VALUES AIRTRUNK AT AU$3 BILLION Macquarie Infrastructure and Real Assets (MIRA) has just acquired an 88 percent stake in AirTrunk, a Sydney-based hyperscale data center company. Macquarie purchased these Airtrunk shares from Goldman Sachs, Sixth Street Partners (formerly TSSP) and…
ADDS A 750,000SF FACILITY TO PORTFOLIO Vantage Data Centers has today announced its signing of a definitive agreement to acquire Next Generation Data (NGD), a UK-based data center service provider. Located in the Cardiff Capital region of South Wales, NGD…
LEADERSHIP TEAM CHANGES AS WELL Arvind Krishna has today, taken the office of CEO at IBM Corporation, being handed over by Ginni Rometty who will be retiring by the end of 2020. Due to the coronavirus pandemic, the new CEO…
CLOUD AND 5G CONNECTIVITY Microsoft has signed a definitive agreement to acquire US-based virtualized mobile network company Affirmed Networks to strengthen its 5G cloud offerings. According to Microsoft, the acquisition of Affirmed will provide an advancement in its 5G network…
LAUNCHES UK-HEADQUARTERED CLOUD COMMUNICATIONS DIVISION Japanese global data center provider NTT Ltd, has just completed the shell of its second building within its Munich 2 (MUC2) data center campus, Bavaria. Once the facility is fully built and goes online as…
/ Daily News…