Deepak
Singapore-based Data Center Firm Digital Edge Raises $1.6 Billion
Digital Edge, a leading developer and operator of interconnection and hyperscale edge data centers across Asia and portfolio company of investment firm Stonepeak has announced it has raised over US$1.6 billion in new capital through a combination of equity and debt financing to fuel its next phase of growth. The capital raise includes approximately $640 million of equity investment from both exist...
GlobalFoundries And IBM Settle Litigation Matters
GlobalFoundries (GF) and IBM have announced that the two companies have reached a settlement in their ongoing lawsuits, resolving all litigation matters, inclusive of breach of contract, trade secrets and intellectual property claims between the two companies. This settlement marks the end of an ongoing legal dispute and allows the companies to explore new opportunities for collaboration in areas ...
Ericsson Announces New Organizational Structure For Middle East and Africa
Ericsson has announced a new organizational structure for its operations in the Middle East and Africa (MMEA) region, effective January 1, 2025. As part of this transformation, the Saudi Arabia market will be served under a newly established Customer Unit (CU), led by Håkan Cervell, Vice President and Head of CU Saudi Arabia. This move is part of Ericsson’s strategic ambition to simplify its...
World Future Energy Summit 2025 To Be Held In Abu Dhabi From January 14-16
The Middle East and North Africa (MENA) is emerging at the forefront of sustainable city adoption, led by visionary initiatives, most notably in the UAE and Saudi Arabia. As the region’s urban populations rise—with 60 per cent projected to live in these urban areas by 2030 – countries in the MENA region are responding with transformative investments in smart, sustainable urban development. The UAE...
Diriyah Deploys SAP Private Cloud Solutions
Diriyah Company, the developer behind Saudi Arabia’s 14 sq km landmark cultural and lifestyle destination, Diriyah, has announced its successful deployment of SAP Private Cloud Solutions, marking a significant milestone in its digital transformation journey. This initiative, supported by cloud computing solutions, will significantly enhance services provided to visitors, residents, partners, and e...
Latin America’s First Data Center City Unveiled In Brazil
The mayor of Eldorado do Sul, Rio Grande do Sul state in Brazil has signed into law new legislation enabling the construction of Latin America’s first data center city. This paves the way for Scala AI City, a government-led initiative in partnership with Scala Data Centers, the leading sustainable hyperscale data center platform in Latin America. The project will transform the region ...
Enterprise WLAN Market Grows 5.8% :IDC
The enterprise worldwide wireless local area network (WLAN) market grew 5.8% between the second and third quarters of 2024 to reach $2.5 billion, according to results published in the International Data Corporation (IDC) Worldwide Quarterly WLAN Tracker. The sequential growth in the third quarter follows a 12.4% increase between the first and second quarters of 2024. This continued growth i...
IDC: Semiconductor Market to Grow by 15% in 2025
The global demand for artificial intelligence (AI) and high-performance computing (HPC) will continue to rise, growing by over 15% in 2025, according to IDC ’s latest Worldwide Semiconductor Technology Supply Chain Intelligence report. Major application markets, ranging from cloud data centers to specific industry segments, are expected to undergo upgrades, heralding a new boom for the semiconduct...
Siemens Ahead Of Sustainability Targets
Siemens continues to strengthen its leadership in sustainability, achieving key milestones outlined in the newly published 2024 Sustainability Report. According to the technology company, it has achieved seven of its fourteen ambitious targets ahead of time, for example in the areas of decarbonisation, equity and employability. For the first time, Siemens cites the example that its “products...
Veritas Bags 2024 AWS Storage Partner Of The Year Award
Veritas Technologies has announced it is a recipient of a 2024 Geo and Global AWS Partner Award, recognizing leaders around the globe that are playing key roles in helping their customers drive innovation and build solutions on Amazon Web Services (AWS). Veritas has been named winner of the Storage Partner of the Year award. Announced during the Partner Awards Gala at AWS re:Invent 2024, the Geo a...
Tiger Technology Expands To Middle East
Tiger Technology, a provider of hybrid cloud data management solutions, has established its regional presence with the opening of its office in Dubai – marking a strategic step in supporting the region’s digital transformation. This move builds on Tiger Technology’s proven success in critical infrastructure deployments in the Middle East and Africa (MENA) region across sectors such as government a...
Companaies Reaping Al, ML Benefits In Middle East
Fewer companies in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) believe that legacy technology poses a barrier to digitalization at this time compared to 2022, according to a new study commissioned by Eaton, a global leader in intelligent power management. Companies are currently reaping the benefits associated with artificial intelligence (AI) and machine learning (ML) to ...