Category: Business

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KKR Invests $1B to form Data Center Platform

TARGETS THE EUROPEAN MARKET Network 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 platform…

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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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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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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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Equinix Announces Public Offering of 2,250,000 Shares

CLOSES ON MAY 14, 2020 Interconnection and data center company Equinix Inc., has just announced the commencement of a public offering of 2,250,000 shares of its common stock. At a public price of $665.00 per share, the company plans to…

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Microsoft Plans New Region in New Zealand

FIRST AZURE REGION IN THE COUNTRY Microsoft has announced it plans to build a new data center region on the North Island of New Zealand, the company’s first cloud region in the country. Establishing the Zealand’s region will enable Microsoft…

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Columbia Threadneedle acquires Lefdal Mine Datacenter

75 UNDERGROUND HALLS The Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF) has acquired a majority stake in Lefdal Mine Datacenter located in Norway. The underground mine facility has been operational since 2017, and boasts of 75 underground halls which are…

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Compass Acquires Land for First Toronto Campus

SETS $100M FOR PHASE ONE Texas headquartered data center developer Compass Datacenters, announced it has purchased land for its first campus in Toronto, Canada. The first phase of the data center campus is scheduled to be ready in Q3 2020,…

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Microsoft Plans $1B Cloud Investment in Poland

DIGITAL TRANSFORMATION PLAN Microsoft Corp. has announced it plans to invest $1 billion in Poland to accelerate innovation and digital transformation in the “Polish Digital Valley.” Part of the investment will see the opening of a new Microsoft data center…

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