August 06, 2021 Microsoft Azure
With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting...
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August 06, 2021 Microsoft Azure
According to the principles of Moore’s law, technology will double in its capacity every two years. Although on the technological advancement front this is great news, with increased computer power comes challenges. The main challenge being increased excess heat and the need to cool it. A number...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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August 03, 2021 Vantage Data Centers
Vantage Data Centers recently announced that it will push to achieve net-zero carbon emissions globally by 2030. It says that it will strive to reach these targets by reducing greenhouse gas emissions and investing in carbon-removal technology. Specifically, the company will focus its efforts on...
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July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
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July 23, 2021 Microsoft Azure
Microsoft is reportedly in talks with the Telangana government to construct one of its largest data centers with an investment of around USD$2- 2.25 billion (Rs 15,000 crore). If this goes ahead, it will make it one of the tech giant’s biggest investments outside of the US. According to Business...
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July 21, 2021 Microsoft Azure
In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power. Increasingly, data center companies are waking up to the fact that...
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July 21, 2021 Microsoft Azure
Microsoft is the latest company to pledge carbon-neutrality by 2030. Within the next 19 years, the tech giant promises to run all its global data centers and offices with zero-carbon energy. In a recent blog, written by Lucas Joppa, chief environmental officer and Noelle Walsh, CVP, cloud...
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June 30, 2021 Microsoft Azure
Microsoft will acquire AT&T’s Network Cloud technology and intellectual property. It will also be making job offers to hundreds of AT&T engineers. As part of the deal, AT&T will move its 5G mobile network to Microsoft Azure. AT&T’s 5G core would be the starting point. This deal...
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June 18, 2021 Microsoft Azure
According to reports from Bloomberg, Microsoft is looking to add four new data centers in China by Q1 of 2022. The report states that Microsoft wants to expand its service across Asia and opening data centers in China is a step towards achieving that. Asides from that, the Company also intends to...
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June 09, 2021 1547 Critical Systems Realty (fifteenfortyseven)
Valterra Partners LLC and Fifteenfortyseven Critical Systems Realty LLC have acquired ColoHouse, a managed service provider with headquarters in Miami, Florida. Valterra Partners is an equity firm, while Fifteenfortyseven Critical Systems Realty is a data center Company. The deal also includes...
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May 20, 2021 Mapletree Redwood Data Centre Trust
Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. CEO and...
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May 18, 2021 Foxconn Industrial Internet Wisconsin
Foxconn has just opened its Globe Data Center in Mount Pleasant, Wisconsin. The data center building is 34,000 square feet in size and, it includes a 100 feet steel sphere as part of its design. The facility’s steel globe frame was initially completed in September 2020 before the installation of...
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May 06, 2021 Vantage Data Centers
Vantage Data Centers has announced that it is now providing its customers access to renewable energy at each of its North American and European campuses. This development will help its customers reduce their carbon emissions. Currently, four of the campuses are now being powered by 99% renewable...
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January 27, 2021 Vantage Data Centers
DENVER (January 27, 2021) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, announced today that it doubled its size in terms of markets served and increased IT capacity by more than 90 percent in 2020 with the company’s entrance into the European market and...
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November 23, 2020 Vantage Data Centers
Vantage Data Centers has acquired the data center business of services company Hypertec. With Hypertec's facilities, Vantage will become a large player with additional capacity in the Montreal market. Hypertec’s 49MW campus includes 25MW across two existing facilities and 24MW of expansion...
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November 19, 2020 Vantage Data Centers
DENVER (November 19, 2020) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has raised US$1.25 billion in incremental equity capital from its existing investors, led by Digital Colony. This funding will be used to fuel ongoing expansion...
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October 06, 2020 Vantage Data Centers
Company leverages favorable interest rates to reduce costs, extend debt maturity profile and fund expansion opportunities DENVER – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company raised US$1.3 billion in securitized notes. The...
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September 04, 2020 1547: Wells Building
1547 Critical Systems Realty has acquired the Wells Building from Ascendant Holdings LLC. The Wells building is located at 324 East Wisconsin in downtown Milwaukee. The building is the defacto carrier hotel in Wisconsin. 1547 Press Release Below: MILWAUKEE, WI (September 3, 2020) – 1547 Data...
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July 08, 2020 Vantage Data Centers
Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it was...
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