Category: Business

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Qlik Completes $560M Attunity Acquisition

Qlik Acquires Attunity Qlik today announced the completion of its acquisition of Attunity Ltd. The deal was closed with Qlik acquiring all outstanding ordinary shares of Attunity for a total value of approximately $560 million cash and satisfying all the…

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QTS Acquires Two Data Centers in the Netherlands for $44M

QTS $44m Data Centers in Netherlands US-based QTS Realty Trust, has just acquired two operational data centers in the Netherlands from TCN SIG Telehousing BV for about $44 million. The acquired data centers are sited in Groningen and Eemshaven, both…

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LD7 – Equinix £90M Data Center in London Now Open

Equinix Opens London LD7 Equinix has opened its new International Business Exchange (IBX) data center LD7 at its London Slough campus. This new £90 million ($120m) facility is the company’s 12th data center in the UK. LD7 offers space for…

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T5 and QuadReal Unveils $2.5b Datacenter Platform

T5 and QuadReal $2.5B Partnership T5 Data Centers and QuadReal Property Group have just unveiled a platform to develop, acquire and operate data centres with a joint commitment of $2.5 billion in investment. This partnership is a response to the…

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Equinix Acquires Switch Datacenter AMS1 in Amsterdam for $34 million

Equinix Acquires Switch AMS1 The Amsterdam based colocation provider Switch Datacenter, has announced the acquisition of it’s Amsterdam Datacenter AMS1 by Equinix for $34 million (€30 million) in cash.AMS1 currently offers 89,500 square feet of total floor space with 250…

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Microsoft Increases Carbon Fee to Develop Sustainable Facilities

Microsoft Carbon Fee Hike Microsoft Corp. has announced its plans to almost double the company’s internal carbon fee to $15 per metric ton on all carbon emissions. This increase is focused on holding Microsoft’s business divisions financially responsible for reducing…

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Prince William County Proposes to Hike Data Center Tax

Prince William Data Center Tax Prince William County, Virginia is considering increasing the tax rate on data centers, shifting the rate from $1.25 per $100 of assessed value to $2 per $100 of assessed value. The Prince William County Board…

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Microsoft and Amazon now left in the JEDI Contract Tussle

Microsoft Or Amazon For JEDI Contract Microsoft Corp. and Amazon are now the only standing competitors for the Pentagon JEDI (Joint Enterprise Defense Infrastructure) $10 billion contract, after the elimination of other giants which includes IBM and Oracle. It was…

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Qualcomm’s George Davis leaves for Rival Intel

Qualcomm Davis now with Intel George Davis, the chief financial officer of the chip maker Qualcomm, has left the company to become finance chief at rival Intel Corp.Davis had been Qualcomm’s finance chief for about 6years and also served on…

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Verizon Media to Expand Lockport Data Center

Verizon Expands Lockport Data Center Verizon Media has announced the expansion of the Lockport Data Center which will costs $28 million. The facility was acquired by Verizon from Yahoo in 2013 and merged to its subsidiary – Oath. This expansion…

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