Swiss private equity firm Partners Group is to acquire Australian data center firm GreenSquareDC. Partners Group will invest up to AUD 1.2 billion (US$759m) to transform GreenSquareDC into a next-generation data center platform. Under Partners Group’s ownership, GreenSquareDC will become an owner, developer, and operator of large-scale sustainable data centers across key Australian cities, generating […]
Chinese data center operator GDS Holdings has announced that it has entered into definitive agreements to monetize, on a net basis, a 70% equity interest in certain of its data centers, at an implied enterprise value (“EV”) to EBITDA multiple of around 13 times. In a first of a kind transaction, GDS is selling a […]
Qualcomm Technologies has announced the entry into an agreement to acquire Edge Impulse, which will enhance its offering for developers and expand its leadership in AI capabilities to power AI-enabled products and services across IoT. The closing of this deal is subject to customary closing conditions. This acquisition is anticipated to complement Qualcomm Technologies’ strategic […]
JLL has been appointed by Pure Data Centres Group, a leading provider of hyperscale data centre solutions, to provide integrated facilities management services at its brand-new Yas Island data centre in Abu Dhabi. Pure’s new campus, its first facility in the UAE, transitioned into live operations at the end of February, when fully complete it […]
Schneider Electric is expanding its Duna Smart Power Systems (DSPS) smart factory in Dunavecse, which opened last year. The new facility covering 18,000 square metres is being constructed with an investment of €44 million. Schneider Electric is adapting its capacity flexibly in response to market demands while adhering to a principle of gradual growth. The […]
Juniper Networks and IBM have announced plans to expand their collaboration around joint sales, marketing and product integration efforts. The companies are expected to integrate Juniper’s Mist AI and IBM watsonx with the aim to address the complexities of managing IT networks that can help improve user experiences and lower operational costs. The latest collaboration […]
Red Hat and Axiom Space, a pioneer in space infrastructure, will collaborate on Axiom Space’s Data Center Unit-1 (AxDCU-1), targeted to launch in spring 2025 to the International Space Station. Powered by Red Hat Device Edge, the data processing prototype will conduct tests on the space station and demonstrate initial Orbital Data Center (ODC) capabilities. […]
Google has launched a new cloud region in Sweden. The launch represents a significant investment in Sweden’s future and Google’s ongoing commitment to empowering businesses and individuals with the power of the cloud. This new region, Google’s 42nd globally and 13th in Europe, opens doors to opportunities for innovation, sustainability, and growth — within Sweden […]
Microsoft will establish an Azure cloud region in Kuwait. The company has entered into a strategic partnership agreement with the Government of Kuwait, represented by the Central Agency for Information Technology (CAIT) and the Communication and Information Technology Regulatory Authority (CITRA), to help accelerate digital transformation efforts in line with Kuwait’s Vision 2035. The partnership intends […]
Juniper Networks announced that Saudi Telecom Company (stc) is expanding its 5G services to 75 cities and regions by leveraging Juniper 400G routers in its Converged Supercore network and key data centers. This will allow stc to dramatically improve network capacity, performance
