Tag: asia

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NTT is Expanding its Footprint with 9 New Data Centers

SEVEN ARE EXPECTED TO GO LIVE IN 2020 The new global data centers division of NTT Ltd., has just announced the expansion of its worldwide co-location data center footprint with the development of nine new facilities across markets in India,…

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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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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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Equinix Completes Hong Kong Data Center Expansion

A $51M THIRD PHASE EXPANSION Data center and connectivity giant Equinix Inc., has announced the completion of the third phase expansion of HK4, one of its five data centers in Hong Kong. As announced by Equinix, the new expansion of…

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Cromwell and Stratus Launch $1B Data Center Fund

STARTING WITH 100MW LONDON FACILITY Real estate investor and manager Cromwell, has entered into a partnership with Stratus Data Centres to setup up a data center fund that is worth US$1 billion. The new Stratus Cromwell Data Centre Fund (SCDC…

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Yotta Inaugurates 820,000SF Data Center in India

THE COUNTRY’S LARGEST DATA CENTER BUILDING Managed data center service provider Yotta Infrastructure, has successfully inaugurated its new Tier IV data center project Yotta NM1, located in Panvel, Maharashtra, India. The virtual event was graced by the presence of the…

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Equinix and GIC to Develop $1B Facilities in Japan

A JOINT VENTURE FOR 3 HYPERSCALE DATA CENTERS Equinix Inc. has signed a joint venture with Singapore sovereign wealth fund GIC to develop and operate three data centers in Japan. The Joint Venture is worth more than $1 billion in…

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Alibaba Plans $28B Cloud Investment Over 3 Years

SPURRED BY INCREASED DEMANDS AMIDST COVID-19 Alibaba announced today (Monday) that it plans to invest 200 billion yuan ($28.26 billion) in its cloud computing arm over the next three years. According to the tech giant, this cloud expansion plan was…

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CMI Opens Its New Data Center in the UK

THE COMPANY’S FIRST EUROPEAN FACILITY The telecommunications company; China Mobile International (CMI), has opened its newly built data center in the UK, which is the company’s first European facility. This new CMI data center is sited in Slough Trading Estate…

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Equinix to build new seven-story data center (SG4) in Singapore

Equinix to Build 7 Story Data Center in Singapore The American multinational company headquartered in Redwood City, California – Equinix, has just announced its plan to construct their fourth data center in Singapore at the cost of $85 million.  …

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