November 23, 2022 Global Switch
According to Bloomberg, PAG, KKR, and EQT have been selected as the final bidders for Global Switch. Per Bloomberg, the companies are mulling over the best financing structures to seek the acquisition of the London-based firm. However, the publication noted that the initial bids didn’t meet...
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November 21, 2022 London
Leading environmental group CPRE has argued that Digital Reef's plans to build Europe's "largest data center" will cause "massive environmental damage" and has vowed to fight its development. As previously covered by Baxtel, the £5.3 billion ($5.97bn) project is to be built on land in North...
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November 08, 2022 London
According to Havering Council, it is negotiating with a private sector developer, Digital Reef, to build a huge data center campus in the eastern London Borough of Havering. The London Data Freeport project would reportedly be 'Europe's largest data center' sitting on a site of 175 hectares....
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October 31, 2022 London
According to reports, a proposal for a new data center at the London Docklands has been rejected on the grounds that the proposals were "bulky" and could have a negative impact on the nearby Naval Row Conservation Area. Although council planning officers had recommended the proposal, which would...
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October 20, 2022 London
According to reports, a new data center is being proposed in east London, UK, on a 1.39-hectare site. Located on the western edge of the former East India Import Dock, the proposed facility could have a potential IT power of 30MW, with six halls each of 1,200 sqm (12,900 sq ft). It's also noted...
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August 30, 2022 London
It has been revealed that Thames Water has launched a probe into the water use of data centers in the UK's capital, following the utility company’s discovery that UK data centers have been using drinking water to cool down their servers. The news of review comes as the UK’s hosepipe ban comes...
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August 02, 2022 London
In the wake of a housing crisis, the Greater London Authority (GLA) has informed developers must halt new housing projects, with talk of a potential ban that could last until 2035, in response to energy constraints caused by data centers. Ealing, Hounslow and Hillingdon, which contributed to 11%...
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August 01, 2022 Global Switch
The number of companies looking to acquire Global Switch is increasing by the day as PAG has joined the long list of potential suitors. Global Switch is a London-based data center company founded in 1998 with 13 facilities across Asia, Europe, and Australia. Jiangsu Shagang, a Chinese steel...
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June 02, 2022 Global Switch
According to reports, NextDC is looking to acquire Global Switch’s Asia-Pacific arm. The Australian data center firm has contacted Macquarie Capital to find a financial partner for the purchase. Global Switch has been looking to sell its business for more than a year. Besides, it was in...
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May 18, 2022 Global Switch
According to Bloomberg, the owners of Global Switch are preparing to sell off the data center firm. The report shows that Global Switch Holdings Ltd. Is prepared to sell off the company to other firms due to multiple interests from investment funds and other companies in the data center industry....
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April 12, 2022 London
Stratus Data Centres has announced its intention to construct two 18MW Tier III data centers on a brownfield site at Belvedere, South East London, part of Riverside Energy Park. The Riverside Energy Park is a development of waste management firm Cory, which, it says, intends to meet "London's...
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November 24, 2021 Global Switch
Several data center and investment firms are mulling over the acquisition of data center firm Global Switch Holdings. According to Bloomberg, KKR and Blackstone Inc. are the likely forerunners of acquiring Global Switch. Equinix, Digital Realty, and DigitalBridge have also shown interest in...
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June 15, 2021 London
Brent Council, a governing body of a borough of London, just revealed its plan to spend £3.8 million ($5.3 million) to upgrade data centers over the next four years. The council says it is part of its plan to create a modern and robust IT system. The upgrades involve upgrading physical storage...
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July 28, 2020 Global Switch
July 28, 2020 – PCCW Global today announced that its Console Connect Software-Defined Interconnection® (SDI®) platform is now available in many more data centres via an extended collaboration with Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral data...
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March 01, 2019 Global Switch
HONG KONG (Reuters) - UK-based data center operator Global Switch has chosen CLSA, Goldman Sachs and JPMorgan as sponsors for its Hong Kong initial public offering (IPO) of up to $1 billion, two people with direct knowledge of the matter said on Friday. Founded in 1998 and owned by Britain’s...
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October 02, 2018 London
China’s favorite e-commerce giant Alibaba is planning the launch of a cloud region in London, two years after entering the European market with a data center in Frankfurt. The move was not highly publicized; the company merely updated its website to advertise the future availability zones in the...
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July 11, 2018 Global Switch
A consortium of six Asian institutional and private investors has acquired a 24.99% stake in the Company in a transaction valued at £2.1 billion The investment by Strategic IDC Limited further diversifies Global Switch’s sources of equity capital, supports a continuation of the Company’s...
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