Vantage Data Centers, a large-scale data center specialist, has achieved a pioneering financial transaction in Taiwan, acquiring a $64 million loan from CTBC Bank and Cathay United Bank. This monumental move, to establish a significant data center in Taipei, underscores a transformative shift for Taiwan into a crucial digital infrastructure hub.
Singapore’s leading telecom provider Singtel, in a strategic alliance with technology powerhouse Nvidia, has unveiled a new line of data centers under the brand name Nxera. These centers are poised to revolutionize generative AI services for businesses across the region, aligning with Singapore’s National AI Strategy 2.0.
In a recent surge of developments within the data center industry, Microsoft has taken the lead with its commitment to invest a staggering £2.5 billion in expanding artificial intelligence (AI) data center infrastructure in the UK. This landmark investment comes amidst a thriving year for the sector, showcasing a 13% estimated growth compared to the previous year, according to Synergy Research Group.
As the summer season begins in the northern hemisphere, severe heatwaves have already engulfed multiple regions worldwide, posing challenges to data center operators who grapple with internal heat generation. The experts at Vertiv, a global provider of critical digital infrastructure solutions, have released updated guidance to tackle the rising threats associated with extreme heat. Climate change, coupled with the El Niño weather pattern, has resulted in the past eight years becoming the hottest on record. This year, forecasts anticipate 2023 to witness record-
Norway’s top telecom operator, Telenor, joins forces with Hafslund, HitecVision, and Analysys Mason to create the nation’s most secure commercial data center operator, focusing on sustainable solutions and critical data storage. The collaboration addresses national security concerns and promotes energy-efficient data centers with heat recycling potential.
Discover how Digital Realty’s sponsorship of Submarine Networks EMEA showcases their dedication to the subsea community, facilitating discussions on vital industry challenges. Their carrier-neutral data centers and Cable Landing Stations play a crucial role in future telecommunications developments.
Vantage Data Centers, a hyperscale data center campus operator located in the United States, and its major investor, Digital Bridge Group, have announced the completion of their acquisition of the PCCW data center business – PCCW DC. Vantage is now ready to provide data center services in Hong Kong and Kuala Lumpur, two high-growth regions in the Asia Pacific (APAC) region. Vantage Data Centers envisages that much of its Asia Pacific development strategy will materialize now that the acquisition is finalized. The agreement adds 100MW of current capacity to Vantage’s data center platform across numerous locations. Brian Groen, who was previously the senior vice president of data center and digital transformation at PCCW DC, has joined Vantage as president, Asia Pacific (APAC). “Hong Kong and Kuala Lumpur are unparalleled connectivity hubs for companies doing business across Asia,” commented Groen. “We have a strong sales pipeline with existing facilities…
Telefonica, a Spanish international telecommunications company, has sold its four Data Centers (DCs) to a leading independent investment management company Asterion Industrial Partners in exchange for a 20 percent stake in the Nabiax hosting business. With this deal, Telefonica is forming a strategic partnership with the company’s current shareholder, Asterion and its co-investors, who retain the remaining 80% of the share capital. Two of the properties sold are located in Chile and two are in Spain. The contract includes an agreement for housing services in the four DCs on identical terms and conditions as set out in the previous transaction. The deal does not include the sale of Telefónica’s owned servers, as well as the management and access to their customers hosted on those servers. As a result, Telefónica will continue providing and managing the services it has offered to its customers from these data centers and will support…
Hosting and colocation service provider Equinix has announced an agreement to purchase a portfolio of 13 data center sites across Canada from BCE Inc., the massive telecommunications and media conglomerate, and the corporate parent of Bell MTS and Bell Canada. The company expects to close this USD 750 million deal in the second half of 2020. The 13 data center sites that will join California-based Equinix’s portfolio represent 25 individual facilities and are expected to generate annual revenues of approximately USD 105 million. In addition to cementing a stronger foothold in the third-largest economy in the Americas, Equinix will also gain more than 600 customers that are currently operating within the Bell data centers. Equinix is already the world’s largest data center and colocation provider, with a network of more than 210 facilities across 55 metros. The company’s main business is hosting the technology infrastructure of third party organizations. “Canadian businesses…
NTT Group is exploring a billion-dollar Real Estate Investment Trust in Singapore, potentially featuring $3 billion in data center assets. This initiative could raise $1 billion, marking it as Singapore’s largest IPO since 2017.
