Category: Business

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EQT Infrastructure to Acquire EdgeConneX

GAINING 40 FACILITIES ACROSS 33 MARKETS EQT Infrastructure has just entered into a definitive agreement to acquire EdgeConneX, Inc. from an investor group led by Providence Equity Partners. EdgeConneX builds and operates data centers for cloud, content, network and other…

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Mapletree Industrial Trust Sells $91M Data Center to Equinix

EQUINIX MOVES FROM TENANT TO OWNER Mapletree Industrial Trust (MIT), a Singapore-listed real estate company, has entered into an agreement with Equinix Singapore Pte. Ltd., to sell its data center property located at 26A Ayer Rajah Crescent, Singapore. The proposed…

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Beyond.pl Plans 34MW Expansion of its Data Center

ADDING 33,000SQM OF GROSS AREA Polish data center operator Beyond.pl, has announced an investment for the expansion of its data center campus in Poznań, Poland. Located half way between Berlin and Warsaw, Beyond.pl mega expansion will increase the power capacity…

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Facebook Builds $800M Data Center in Tennessee

PLANS FOR 100% GREEN ENERGY Facebook has announced the commencement of construction for its seventeenth data center facility, sited in Gallatin, a city in Tennessee. The company plans to invest about $800 million in the development of the new data…

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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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