March 04, 2024 Finland
Boldyn Networks has completed its acquisition of Cellnex's private network business for an undisclosed sum. This acquisition includes Edzcom, Cellnex’s Finnish subsidiary that specializes in private networks for industrial environments.“By bringing Cellnex's private networks business unit under...
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February 27, 2024 Singapore
Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark...
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February 15, 2024 Ohio
Expedient this week announced that it has launched services from a data center in Columbus, Ohio, previously operated by an insurance firm and has added a former Nationwide data center near Columbus to its portfolio. This facility located at 281 E. Powell Road in Lewis Center township, the...
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February 14, 2024 New Jersey
Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The property...
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February 14, 2024 Sydney
Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest...
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February 09, 2024 Singapore
Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to...
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January 04, 2024 Iowa
Wells Fargo recently sold 7001 Westown Parkway and 1725 68th Street, which had been listed on its site for a combined $16.5 million, to commercial and residential brokerage WB Realty Co. A JLL sales brochure described the property as offering 36,230 square meters of office space, along with an...
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December 26, 2023 Finland
Finnish vendor Nokia has agreed to sell its device management and service management platform (SMP) businesses to Lumine Group. This deal, valued at €185 million is expected to close in the first quarter of next year, subject to approval. According to Nokia, Lumine "intends to operate DM and SMP...
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December 22, 2023 Singapore
Singapore’s government is currently contemplating marking data centers and clouds as "critical infrastructure,” and extending oversight to cloud service providers and data center operators. A decision in this regard is expected to be made by January 15, 2024. Currently, the Cybersecurity Agency...
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December 19, 2023 Boston
Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall,...
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December 14, 2023 Singapore
Singapore-based Seraya Partners has closed an $800 million fund dedicated to digital infrastructure and energy transition investments. Half of the fund has already been dedicated to three companies: data center operator Empyrion DC, offshore wind vessel operator Cyan Renewables, and solar, wind,...
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November 29, 2023 Ohio
Concord-Green fire chief Ralph Stegbauer and fire captain Jeffery Skaggs have both passed away while carrying out tower maintenance outside their firehouse in Ohio. Both firefighters were working on the Fayette County, Ohio tower when the mechanical lift they were in overturned. This accident led...
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October 12, 2023 Indiana
An unnamed Fortune 100 company is planning a new 772-acre data center campus between Fort Wayne and New Haven to the east in Allen County. The application for this project, dubbed ‘Project Zodiac,” is for a new facility bound by East Tillman Road, Adams Center Road, and railroad tracks. Wane.com...
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October 11, 2023 Singapore
Singaporean large language model provider 6Estates recently launched an Nvidia DGX BasePOD based on Nvidia GCX H100 systems to develop its AI offerings. The company will use this BasePOD for its "Model Solutions" offering, which provides users with personalized large language models. The cluster...
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October 04, 2023 Ohio
An unnamed Fortune 200 tech company plans to build a $750 million data center campus on about 750 acres between Perrysburg and Bowling Green in northern Ohio. This company is also undergoing deals and negotiations through a shell company, Liames LLC. Middleton Township trustees discussed plans...
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October 02, 2023 Philippines
Philippines telco Globe has secured a $263 million loan with the Metropolitan Bank & Trust Company to finance its network upgrading and debt refinancing. In a press statement, the company had invested $660 million in Capex in the first half of this year. This investment was noted to be 25...
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September 25, 2023 Philippines
Philippines-based telcommunity Dito secured a 15-year $3.9 billion loan to fund the rollout of its network expansion through its parent company, Dito CME Holdings, from a group of multinational banks. The company announced that about $1.5 billion will be diverted towards repaying another loan...
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September 14, 2023 Detroit
A data center outside of Detroit, Michigan, is available for purchase. Lee & Associates, a real estate agency, has listed 21420 Melrose in Southfield, Oakland County, as available. The 1986-built, 15,956-square-foot property is available for $1.34m. “This building is extremely well maintained...
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September 14, 2023 Michigan
The Troy, Michigan, Kmart corporate office and data center will be destroyed soon. The 906,000-square-foot facility is located at 3100 W. Big Beaver Road on a 40-acre lot. No post-demolition arrangements for the site have been revealed publicly at this time. The head offices have been vacant...
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September 11, 2023 Philippines
Axiata Group is done with the transfer of the remaining towers from PLDT's subsidiaries to its Philippine subsidiary. Thus, the Malaysian company has finalized an agreement to acquire and lease back 2,710 sites. The company declared that the final transfer of the six sites under its agreement...
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