How following the sun is driving this $1.3bn business to Europe
Life today is run by software. From your banking services to your car, your health, and all the industries behind it to ensure services and goods are delivered...
Mature Markets
France’s OVHcloud Paris debut ends with 6.5% gain and $4.3bn market cap
Europe’s largest cloud provider OVH Groupe (OVHcloud) (EPA: OVH) has debuted on the Euronext Paris stock exchange in what is one of the largest French IPOs of the year as investors continue to back tech businesses. With an offering price of €18.50 (US$21.46) per share, the company’s market...
October 15
AtlasEdge lands Digital Realty equity investment as company names first CEO
Launched by Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) and DigitalBridge (NYSE: DBRG) last September, AtlasEdge Data Centres has obtained a strategic minority equity investment from US colocation operator Digital Realty (NYSE: DLR). As part of the deal, Digital Realty will be able to extend the scale of its presence across the European continent by offering AtlasEdge l...
October 15
M1, Keppel DC Reit close on $430m network asset deal
M1 Limited (M1), a subsidiary of Keppel Corporation (SGX: BN4), and Keppel DC REIT, through its trustee and subsidiary, have signed agreements for a proposed investment by Keppel DC REIT into M1 Network Private Limited (NetCo). NetCo is a newly incorporated company, which will own M1’s mobile, fixed and fibre assets (Network Assets). Through an asset transfer agreement...
October 15
Facebook mulls second Denmark data centre campus with 300 football pitches-sized land plot acquisition
US social media giant Facebook (NASDAQ: FB) has acquired a 212-hectare plot-of-land in Denmark for DKK277 million (US$43.14 million) where the company is currently studying the feasibility of building a data centre. The investment was announced by the Esbjerg Municipality, a municipality in Southern Denmark on the west coast of the Jutland peninsula and less than 300Km away...
October 14
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