Category: Business

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Equinix Steps into India with the Acquisition of GPX Facilities

GOT GPX INDIA FOR US$161 MILLION Equinix has announced its acquisition of the India operations of GPX Global Systems, Inc. (GPX India) through an all-cash transaction that is valued at US$161 million. Under the agreement, the acquisition includes GPX India’s business…

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SBA Acquires JaxNAP Data Center in Florida

TOWERCO GOES INTO DATA CENTER BUSINESS Network tower operator SBA Communications, has acquired the JaxNAP carrier hotel, a data center located in Jacksonville, Florida. This acquisition aligns with SBA’s plan to establish a distributed computing network through its recently-launched SBA…

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Centuria Acquires Telstra Data Center Site in Melbourne

TWO DATA CENTERS FOR AU$417 MILLION Real estate investment trust (REIT) Centuria Industrial, has just bought a data center site in Melbourne from Australian telecommunications company Telstra for AU$417 million (US$300 million). The 3.2 hectare site contains two data centers,…

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Egypt New Data Law Supports Data Center Localization

A CALL FOR DATA RESIDENCY The President of Egypt Abdel-Fattah El Sisi has endorsed the country’s new Personal Data Protection Law No. 151, and will now be implemented from 14 October 2020. The draft law had earlier been approved by…

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Google Launch Cable to Link US, UK and Spain

THE GRACE HOPPER SUBSEA CABLE Google has just announced a new subsea cable Grace Hopper, which will establish a direct connection between the United States, the United Kingdom and Spain. This cable is named after a pioneer Computer Scientist and…

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CBRE Caledon Invests in 12 Vantage Data Centers

PART OF THE $3.5B PORTFOLIO PARTNERSHIP Capital management company CBRE Caledon, has announced its acquisition of a significant minority stake in the newly-formed platform that contains 12 North American stabilized operating facilities of Vantage Data Centers. The newly-formed platform is…

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Novva Launches $1B Hyperscale Campus in Utah

THE COMPANY’S FIRST DATA CENTER New US-based data center company Novva Inc., has just announced the commencement of its first hyperscale data center campus project, sited in West Jordan, Utah. The campus is planned to be developed in four phases,…

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Cromwell and Stratus Launch $1B Data Center Fund

STARTING WITH 100MW LONDON FACILITY Real estate investor and manager Cromwell, has entered into a partnership with Stratus Data Centres to setup up a data center fund that is worth US$1 billion. The new Stratus Cromwell Data Centre Fund (SCDC…

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AWS Plans 1.75 million SF Data Center in Loudoun

FOLLOWING FAST PLAN TO BUILD 3 NEW LOUNDON FACILITIES Amazon Web Services (AWS) is planning to build a 1.75 million square foot data center facility in Loudoun County, Virginia. According to Loudoun County records, Blue Ridge Group LLC, which is…

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Yotta Inaugurates 820,000SF Data Center in India

THE COUNTRY’S LARGEST DATA CENTER BUILDING Managed data center service provider Yotta Infrastructure, has successfully inaugurated its new Tier IV data center project Yotta NM1, located in Panvel, Maharashtra, India. The virtual event was graced by the presence of the…

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