A portfolio of approximately 919,000 square foot of data center space worth $725 million has been purchased by Digital Realty Trust. The properties were brought from Rockwood Capital and 365 Main. The deal is expected to close early next month. The financial advisors for the deal are Credit Suisse Securities and Citi.
An Irish-based web hosting provider Dediserve has secured $1.34 million in financing. The funding, which was acquired from a private investment group, will be used to increase staff, data center sites, and pursue expansion via acquisition. The company also announced it will open sites in the US, UK, and Dublin by the end of 2010.
An initial public offering has been filed by colocation and network services provider Telx Group. The IPO, which is underwritten by Goldman Sachs and Deutsche Bank, is intended to raise a maximum of $100 million. The company will list itself on the Nasdaq under TELX. Switch & Data and SoftLayer are one of many Telx […]
Affiliated Computer Services has invested $3 million in a green data center in Telford, UK. Designed and built by IBM, 70 percent in energy costs would be saved as a result, which turns to approximately 4,200 tonnes of carbon footprint reduction.
Pacnet, Asia’s telecommunications provider, has announced plans to invest over $300 million in building a data center network consisting of 10 DCs (all based in Asia), over the next three years. Previous reports suggest the company’s investment might go as high as $600 million.
Yahoo! has launched a new data center and a customer care center in La Vista, Nebraska – an investment worth $100 million. The facility will hold approximately 100,000 servers and will be operated by 50 employees, making it the company’s biggest data center to date. It will support the company’s core product offerings such as […]
Equinix has launched two International Business Exchange data centers in Germany: Frankfurt and Dusseldorf. Both are part of the company’s 2007-2010 global expansion plan worth $1.4 billion. Equinix also plans to expand its Frankfurt-2 DC by an additional 8,202 square feet.
Tieto is building a new data center in Espoo, Finland. If the demand for space remains strong, the projected 3,280 square feet facility at the start will be expanded with an additional 1,140 square feet at a later time. Tieto’s investment into this project is approximately $25.5 million.
Cox Communications has announced a plan to build a new data center in Phoenix (company’s second DC in the area). With a construction cost of over $70 million, the facility is planned to start operating not before 2011.
Iceland will get its own attention grabbing data center from Verne Global. The company announced it will use a former NATO command center to build one. Construction will be financed by Wellcome Trust, the largest investor in Verne.