Category: Business

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IBM UK Plans to Layoff 263 of Its GTS Employees

1,248 EMPLOYEES NOW AT RISK IBM is on the verge of laying-off up to 263 employees in its UK Global Technology Services (GTS) division, placing a total of 1,248 employees at the risk of losing their jobs. Recently, the company…

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Avignon Capital acquires Amsterdam Data Center

AN AMSTERDAM FACILITY FOR €11.55M European investment and asset management group Avignon Capital has acquired a data center in Amsterdam for €11.55 million ($12.7 million). The facility purchased by the London-based firm is a 7,450 square meter building which is…

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Bill Gates Steps Down From Microsoft Board

MORE TIME TO PHILANTHROPIC ACTIVITIES Co-founder of Microsoft Bill Gates, has just stepped down from the company’s Board of Directors, as well as leaves the board of Berkshire Hathaway. Gates was CEO until 2000 and handed over the role to…

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UK to Introduce a Digital Services Tax from April

UK GOVERNMENT PLANS 2% TAX The UK HMRC (Her Majesty’s Revenue and Customs) tax office has confirmed the government’s plan to introduce a Digital Services Tax from next month on all UK and foreign companies. This implies that tech companies…

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NGD faces Opposition on Its Wales Facility Expansion

THE BIGGEST DATA CENTRE IN WALES Next Generation Data (NGD), a UK based data center service provider is facing opposition from residents towards its South Wales data center expansion plans. The current facility is a key Welsh data center and…

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Google Announces Four New Cloud Regions

QATAR APPROVES ITS FIRST GCP REGION Google has announced plans to develop four new cloud regions in Delhi, India; Doha, Qatar; Melbourne, Australia and Toronto, Canada. These new Google Cloud Platform (GCP) regions are to join the previously announced projects…

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Insight Partners acquires Veeam for about $5B

HEADQUARTERS MOVE TO THE U.S. FROM SWITZERLAND Private equity firm Insight Partners has just acquired cloud data management firm Veeam at a valuation of approximately $5 billion. Under the ownership of Insight Partners, Veeam will become a U.S. company and…

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Google Plans $10B for U.S. Offices and Data Centers

TARGETING 11 STATES Google has just announced plans to invest about $10 billion in its offices and data centers across the United States in 2020. As announced, the company will focus its new investments in 11 states which include Colorado,…

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Microsoft plans Its First Cloud Region in Mexico

PART OF A $1.1B INVESTMENT PLAN Microsoft has announced a $1.1 billion investment plan to drive digital transformation in Mexico including the development of its first cloud region in the country. According to the company, the new cloud datacenter region…

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TDCG and NLDC Merge to Rebrand as NorthC

ALEXANDRA SCHLESS IS NORTHC CEO A Netherlands data center providers’ merger between The Datacenter Group (TDCG) and NLDC (Netherlands Data Centers) has just announced NorthC as its new brand name. TDCG and NLDC were merged in July 2019 by their…

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