Category: Business

View

Mantra to Invest $1 Billion in India Data Centers

INDIA DATA CENTER RUSH Wholesale colocation provider Mantra Data Centers (MDC), has just signed MoUs with State Governments of Maharashtra, Tamil Nadu and Karnataka for the development of Data Centers across different locations in India. With plans to invest up…

View

Yondr and Everstone Form $1 Billion Joint Venture in India

OPERATING UNDER THE BRAND NAME EVERYONDR Data center developer and service provider Yondr Group has just announced the formation of a new joint venture partnership with Everstone Group to develop and operate data centers in India. Operating under the brand…

View

CBRE to Acquire 60% Stake in Turner & Townsend for $1.3B Cash

ALSO FORMING A STRATEGIC PARTNERSHIP Real estate services and investment firm CBRE Group Inc., has just entered into a definitive agreement to acquire 60% ownership interest in Turner & Townsend Holdings Limited for approximately £960 million ($1.3 billion) in cash.…

View

DataBank Acquires Property for 5th Denver Data Center

FIRST PHASE TO OFFER 6MW OF IT POWER Data center service provider DataBank, has just announced its acquisition of a property located at 6961 S. Quentin Street in Centennial Colorado, which will become the home of DataBank’s 5th Denver data…

View

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…

View

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…

View

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…

View

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…

View

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…

View

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…

Thinking about your next software development? Agile software design, development and support.