Category: Business

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Haarlemmermeer to Lift Datacenter Moratorium

NO SPACE AFTER 2030 The halt in new data center construction imposed on Amsterdam and adjoining Haarlemmermeer municipality is now about to end with the approval of a new policy. The new data center policy has been announced for the…

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Alibaba Cloud to Recruit 5,000 Staff Globally

IN LINE WITH FACILITY EXPANSION Alibaba Group has announced that its cloud arm plans to add up to 5,000 employees globally before the end of the company’s current financial year, which runs till March 31 – about nine months from…

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China Threatens UK over Huawei 5G New Decision

A POST-PANDEMIC CHANGE The UK government has received a dose of threat from China government after disclosing its intention to ban Huawei from the earlier approved 5G roll-out, and may also look to remove the company’s existing 3G and 4G…

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Stack Launches into Arizona with New 79-acre Site

REACHING 150MW UPON FULL BUILD Colocation provider Stack Infrastructure, has announced its plan to launch into Phoenix with the acquisition of a new 79 acre site in Avondale, Arizona. Expanding its North American footprint, Stack stated that in 12 months,…

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Data Center Market Surge amidst Lockdowns

STOCKS ON THE LEAD At the break of COVID-19, billions of people ran into their closets and just before shutting the door, their businesses and stocks rushed in as well. As the coronavirus expands its global footprints and now converting…

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Equinix to Acquire 25 Data Centers in Canada

AFTER SALES OF 2,250,000 SHARES Equinix Inc. has just entered into a definitive agreement to acquire a portfolio of 25 data centers from BCE Inc. (Bell) for US$750 million (CA$1,041 million) in an all-cash transaction. These data centers are spread…

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UK Data Center Workers Exempt from Travelers Isolation

A 14-DAY SELF-ISOLATION ON ARRIVAL The UK government has announced new measures at its borders to guard against imported cases of the coronavirus infections as the transmission rate in the country falls, and the number of travelers arriving in the…

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Tencent to Invest $70B in Data Centers, Cloud and AI

HUGE PLAN FOR THE NEXT FIVE YEARS Chinese multinational tech giant Tencent, has disclosed it plans to invest 500 billion yuan (US$69.9 billion) in digital infrastructure over the next five years. The investment focuses on cloud computing and artificial intelligence…

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KKR Invests $1B to form Data Center Platform

TARGETS THE EUROPEAN MARKET New York 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…

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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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