Category: Business

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GTT Moves to Acquire KPN for €50m

GTT TO ACQUIRE KPN DIVISION GTT Communications has entered a definitive agreement to acquire global IP network operator KPN International, for a fixed amount of €50 million. KPN International is a division of KPN N.V. headquartered in Netherlands, which will…

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Princeton Digital Group Acquires major Stake in XL Axiata

PDG ACQUIRES FIVE DATA CENTERS Singapore based Princeton Digital Group (PDG), has reached an agreement to acquire 70% ownership of telecommunications operator XL Axiata Data center portfolio. XL Axiata data centers is the second largest mobile communication company in Indonesia,…

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Oracle Officially Launches Cloud Facility in South Korea

ORACLE OPENS SOUTH KOREA REGION Oracle has officially launched its new in Seoul cloud region in South Korea. The company revealed that the facility has been in operation since May 14 of this year. Oracle officials said that while the…

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Indiana Signs Data Center Tax Exemptions Bill into Law

INDIANA PASSES TAX BREAKS American State Indiana, has just signed into law, a bill that gives data centers significant tax exemptions up to 50 years. The bill (INHB1405) was signed into law by Indiana Governor Eric J. Holcomb, which is…

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Google Launches $600M Data Center Project in Nevada

GOOGLE CLOUD LAUNCHES IN NEVADA Henderson NV., has just witnessed the groundbreaking ceremony of Google’s new data center project in the state, which is worth $600 million as usual. The new facility is sited in Henderson, a city about 16…

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NTT Corp Subsidiary Secure-24 Acquires Symmetry

SECURE-24 ACQUIRES SYMMETRY NTT Communications Corporation announced today that its subsidiary Secure-24, has entered into a definitive agreement to acquire the whole of US-based Symmetry Holding Inc. Secure-24, provides mission critical application hosting, managed IT, and cloud services to enterprises…

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Giga Data Centers Opens New North Carolina Facility

GIGA OPENS 60MW CAROLINA FACILITY Atlanta-based data center provider Giga Data Centers, LLC has announced the opening of its new 60MW data center facility CLT-1, in Mooresville, North Carolina. According to the company, CLT-1 leverages a highly energy-efficient modular design…

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David Shepard Joins GIGA Data Centers as New CRO

GIGA EXPANDS EXECUTIVE TEAM Former Baselayer and IO Data Centers Executive David Shepard, has today joined Giga Data Centers as Chief Revenue Officer. This new appointment puts David in charge of all revenue-generation strategy and execution in Giga Data Centers.…

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Intel to Acquire Barefoot Networks for Improved Cloud Experience

INTEL ADDS BAREFOOT NETWORKS The chip manufacturer Intel, has signed an agreement to acquire the 3 years old developer of programmable Ethernet Switch Silicon for Data Centers, Barefoot Networks. According to Intel, California-based Barefoot Networks will support its end-to-end cloud…

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Google Cloud to Make Biggest Acquisition on Looker at $2.6B

GOOGLE ACQUIRES LOOKER FOR $2.6B Google Cloud has announced entering into a definitive agreement to acquire data analytics firm Looker for $2.6 billion. This will be the biggest acquisition by Google Cloud and a major one under its recent CEO,…

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