Category: News

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Macquarie acquires 88% stake in AirTrunk

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…

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Vantage Data Centers to Acquire NGD

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…

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IBM’S New CEO Arvind Krishna Takes over Today

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…

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Oracle Opens Second Cloud Region in Canada

NEW GEN 2 CLOUD REGION IN MONTREAL Oracle Corp. has just announced its new Cloud region in Montreal, Canada, making the country its latest location which offers dual cloud regions. The first Oracle Gen 2 Cloud region in the country…

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Microsoft to acquire Affirmed Networks for 5G cloud

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…

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AWS to Quickly Build 3 Data Centers in Loudoun

MEETING THE SURGE IN DEMANDS Amazon Web Services (AWS) has submitted an application to build three new data centers in Loudoun County, Northern Virginia, and looks forward to fast-track the approval. Totaling about 300,000 square feet, the three data centers…

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NTT to Open its Second Munich Data Center

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…

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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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