Category: Business

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Azrieli to Acquire Green Mountain for US$850M

ADDING 3 DATA CENTER FARMS TO AZRIELI PORTFOLIO Azrieli Group has just signed an agreement to acquire Norwegian data center company Green Mountain with operations in Scandinavia which are powered by 100% renewable energy sources. In the transaction that is…

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Colt DCS to Triple Its Japan Footprint with New Joint Venture

A 50:50 JV BETWEEN FIDELITY AND MITSUI Fidelity Investments, the owner of Colt Data Centre Services (DCS), has just entered into a joint venture agreement with Mitsui & Co, and Mitsui & Co Asset Management Holdings, to provide hyperscale data…

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Digital Realty and Brookfield Setup Joint Venture for India Data Centers

TO OPERATE AS BAM DIGITAL REALTY Cloud- and carrier-neutral data center provider Digital Realty, has just announced an agreement to establish a 50/50 joint venture with Brookfield Infrastructure L.P, aimed at developing, owning and operating data centers in India. According…

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DigiPlex to be Acquired by IPI Partners

ACQUIRING 100% OWNERSHIP OF ALL DIGIPLEX GROUP COMPANIES Nordic data center developer and operator DigiPlex, has entered into a definitive agreement to be acquired by affiliates of IPI Partners, LLC, a global data center investment platform. Upon completion of this…

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Iron Mountain to Acquire 10.6MW Frankfurt Data Center

AFTER SELLING FIVE UK FACILITIES Data center provider Iron Mountain Incorporated, has just entered into an agreement to acquire a data center in Frankfurt from Calcium DC Pte. Ltd. A EUR 76 million (approximately US$90 million) transaction that is expected…

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Pentagon Pulls Down $10B JEDI Cloud Contract

DOD TURNS TO A MULTI-VENDOR MODEL The U.S. Defense Department, Pentagon, has just canceled its $10 billion JEDI (Joint Enterprise Defense Infrastructure) cloud contract which was awarded to Microsoft Corp., having faced lots of contest and criticism from rival cloud…

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Crosslake Selects Interxion Paris Facility for UK-France Cable Landing

A LANDING POINT FOR THE 520KM CABLE SYSTEM Interxion, a Digital Realty Company and provider of carrier-neutral data center services, has been selected by Crosslake Fibre to provide a landing station for its CrossChannel Fibre System. The CrossChannel Fibre System…

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Microsoft to Acquire AT&T’s Network Cloud

MOVING ITS MOBILE NETWORK TO AZURE Microsoft has just announced that it is acquiring AT&T’s carrier-grade Network Cloud platform technology, establishing an alliance that provides a path for all of AT&T’s mobile network traffic to be managed using Microsoft Azure…

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Prime Data Centers Pre-Leases 9MW Facility to Cyxtera

THE FOUR-STORY SILICON VALLEY FACILITY Wholesale data center developer and operator Prime Data Centers, has just announced the establishment of a pre-lease contract with Cyxtera for the new 9MW data center facility currently under construction in Santa Clara, California. Based…

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Iron Mountain Sells Five UK Facilities for $178 Million

A SALE-LEASEBACK TRANSACTION WITH ICG Data center service provider Iron Mountain, has just announced the sales of a portfolio of five facilities to Intermediate Capital Group (ICG) for approximately $178 million. As announced, the transaction gives ICG a new data…

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