Month: May 2020

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Tencent to Invest $70B in Data Centers, Cloud and AI

HUGE PLAN FOR THE NEXT FIVE YEARS Chinese multinational tech giant Tencent, has disclosed it plans to invest 500 billion yuan (US$69.9 billion) in digital infrastructure over the next five years. The investment focuses on cloud computing and artificial intelligence…

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KKR Invests $1B to form Data Center Platform

TARGETS THE EUROPEAN MARKET New York headquartered investment firm KKR and data center entrepreneur Franek Sodzawiczny, has today announced the formation of a data center platform Global Technical Realty (GTR). Set to be a build-to-suit and roll-up acquisition data center…

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TIM Acquires Cloud Service Provider Noovle

BOLSTERING PARTNERSHIP WITH GOOGLE CLOUD Telecom Italia (TIM) has announced the signing of an agreement to acquire 100% of Noovle, a Milan-based cloud services company. As a consultancy and system integration company that specializes in the supply of cloud projects…

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Raxio Unveils 9 Fiber Carriers for Uganda Facility

FOR A CARRIER-NEUTRAL 1.5MW FACILITY Uganda based data center company Raxio, has just unveiled the signing-on of nine local fiber carriers for its Namanve carrier-neutral facility. The establishment of these carriers’ partnerships are placed ahead of the company’s data center…

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Green Mountain Plans New Campus in Norway

A 54-ACRE DATA CENTER CLUSTER Norwegian colocation services provider Green Mountain, has announced it plans to develop a data center cluster in Kalberg Valley, Norway. The company considers Kalberg Valley as a promising site due to its nearness to Fagrafjell…

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Google Cloud hires SAP and Accenture Veterans

MARKET EXPANSION STRATEGY Google Cloud has just hired Lori Mitchell-Keller and George Nazi as senior executives to help in driving its telecommunication and media market strategies. Mitchell-Keller is joining Google Cloud as the former General Manager of Consumer Industries at…

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Dataplace Opens Sixth Data Center in the Netherlands

ALSO SERVING AMSTERDAM Carrier neutral data center operator Dataplace, has officially opened its sixth facility located in Hoofddorp, a town of the Haarlemmermeer municipality in the Netherlands. The new facility is a Tier III data center that came online from…

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Pioneer and Davidson Kempner to Invest €1bn in Echelon Partnership

A TOTAL OF 184MW IRISH FACILITIES Pioneer Point Partners (Pioneer) and Davidson Kempner (DK) have entered into partnership with Irish data center company Echelon, an investment program that is worth €1 billion. The partnership is expected to support Echelon’s data…

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Stack Plans 12MW Data Center in Atlanta Campus

EXPANDS THE CAMPUS CAPACITY TO MORE THAN DOUBLE Stack Infrastructure has announced plans for expansion of its data center campus in Atlanta with the development of a new two-story, 12MW facility. “Stack’s expansion strategy continues to be driven by the…

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Flexential to build a 36MW Data Center in Hillsboro

ITS LARGEST EXPANSION TO DATE Colocation provider Flexential, has announced it plans to build a 358,000 square foot data center on the company’s Hillsboro, Oregon Campus. Joining the company’s FlexAnywhere™ ecosystem, the new 36MW data center will be developed on…

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