Vertiv has announced it has entered into an agreement to acquire the Great Lakes Data Racks & Cabinets family of companies (collectively “Great Lakes”) for $200 million. Great Lakes is recognized for designing and manufacturing innovative, highly customized data rack enclosures and other integrated infrastructure offerings that form the foundation of today’s data centers. The […]
Vaulted Deep, a waste management company turning excess organic material into permanent carbon removal, has announced a new offtake agreement with Microsoft. Under the deal, Vaulted will deliver up to 4.9 million tonnes of durable carbon dioxide removal over 12 years through its waste management infrastructure. The agreement runs through 2038 and will allow Vaulted […]
Mahmoud Abdelmoneim, Sales Director for Middle East & Levant at Vertiv, highlights that the company enables future-ready data centers with integrated power and thermal solutions, optimizing efficiency, supporting AI workloads, and driving sustainability
Cryptoasset technology company BIT Mining Limited has announced the completion of the second phase of its previously-announced acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia. On December 3, 2024, the Company entered into a definitive agreement to acquire cryptocurrency mining data centers in Ethiopia. Following the successful completion of the first phase of the acquisition on December 9, 2024, the Company issued […]
Synopsys has announced the completion of its acquisition of Ansys. The transaction, which was announced on January 16, 2024, combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products. Synopsys is now positioned to win in an expanded $31 billion total addressable market (TAM). “Today marks a transformational milestone […]
Khazna Data Centers and Eni, a global energy company headquartered in Italy, have signed a Head of Terms (HoT) to establish a Joint Venture for the development of an AI Data Center Campus with a total IT capacity of 500 MW in Ferrera Erbognone, Lombardy. The HoT was signed in Rome in the presence of […]
Leading global services company AMISEQ has announced the next phase of its international expansion strategy, with a strong emphasis on scaling operations in the Middle East. The company also announced the launch of Z-Deploy, a groundbreaking zero-touch cybersecurity deployment platform
DDN has announced a strategic partnership with Polarise, Europe’s emerging pioneer in sovereign, sustainable AI infrastructure. This collaboration brings together DDN’s world-class AI data platform technology and Polarise’s end-to-end capabilities for building and operating NVIDIA-accelerated AI factories across the continent. Through this partnership, DDN and Polarise will deliver high-performance, resource-efficient AI infrastructure designed for the […]
Liberty and Ericsson have signed a strategic contract to deploy the first 5G Standalone (5G SA) mobile service in Costa Rica, marking a milestone in the digitalization of the country and the Central American region. Partnering with trusted and secure 5G suppliers like Ericsson is essential to encourage advanced digitalization while maintaining robust security standards. […]
Nokia has announced it has been selected by Memphis Light, Gas and Water (MLGW), the largest three-service municipal utility in the United States, to deploy a comprehensive private 5G wireless network. The project will support MLGW’s long-term, multi-year grid modernization strategy across Memphis and Shelby County, Tennessee, ultimately enhancing power distribution to its customers, which […]
