Category: Business

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Microsoft and Oracle Partner to Interconnect Cloud Services

MICROSOFT AZURE AND ORACLE CLOUD TEAM UP Cloud giants Microsoft and Oracle has just announced a cloud interoperability partnership. This alliance enables customers to explore Microsoft Azure and Oracle cloud services from either network or environment. As announced by both…

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Rebel Capital to Acquire Pittsburgh Data Center for $32M

REBEL CAPITAL MOVES FOR PITTSBURGH DC Rebel Capital Inc. has announced its intention to acquire a 91,790 square feet data center in Pittsburgh, Pennsylvania for $32million. The data center and associated properties sit on an approximately 7.65 acre site. The…

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EcoDataCenter and Fortlax Merge to Become a Nordic Giant

EcoDataCenter and Fortlax Merge Swedish data center developer EcoDataCenter, has just signed a merger agreement with the owners of the data center firm Fortlax. According EcoDataCenter, this agreement represents the first step in the company’s strategic plan to consolidate the…

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EQT Offers to Acquire Vocus Group for $2.3B

EQT OFFERS $2.3B FOR VOCUS The Australian telecoms firm Vocus Group Ltd has received a $2.3 billion (A$3.3 billion) acquisition offer from Swedish private-equity firm EQT Infrastructure. Vocus’ rapidly expanding fiber network and its 17 data centers across Australia and…

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Google to Build a $672M Data Center in Finland

GOOGLE TO INVEST $672M IN FINLAND Google Cloud has disclosed plans to invest about €600 million ($672 million) in a new Finnish data center. The new facility is to be sited in Hamina, Finland. The new facility will be Google’s…

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KPN to Sell Data Center Subsidiary NLDC to Deutsche Bank’s DWS

KPN to Sell NLDC Dutch telecom company KPN N.V. (KPN) has announced reaching an agreement to sell its data center subsidiary NLDC to a fund managed by Deutsche Bank’s DWS, a global infrastructure investment manager. KPN created NLDC (Netherlands Data…

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ST Telemedia and Frasers Property Builds Hyperscale Facility in Bangkok

STT GDC and FTP Builds First Datacenter ST Telemedia Global Data Centers (STT GDC) have joined forces with real estate firm Frasers Property Thailand to build their first hyperscale data center facility in Bangkok. The hyperscale data center project is…

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TierPoint Seeks Up To $500M Investment for Expansion

TierPoint Seek Investors TierPoint LLC, a data center provider; is seeking an investment between $250 million and $500 million for edge data center expansions. According to Bloomberg, this could also lead to the sale of the company. The company whose…

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Zayo Set to Be Acquired for a Grand Sum of $14.3Billion

Zayo to be Acquired for $14.3B Zayo Group Holdings, Inc. has announced the signing of a definitive merger agreement for its acquisition by affiliates of Digital Colony Partners (“Digital Colony”) and the EQT Infrastructure IV fund at a total of…

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Telefonica Sells 11 Data Centers to Asterion for €550M

Telefonica Sells 11 DC to Asterion Spanish telecom firm Telefónica, has signed an agreement for the sale of 11 data center facilities to the Pan-European infrastructure fund manager; Asterion Industrial Partners, for a total amount of €550 million ($615.7m). It…

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