Global alternative asset manager Brookfield Asset Management is reportedly in "advanced talks" to acquire a majority stake in Data4, a Paris-based data centre operator. According to sources familiar with the matter, the deal could be worth up to €3.5 billion (US$3.77 billion), Reuters reported. The talks between Brookfield and Data4 are said to be exclusive, and a deal...

IT infrastructure and services company NTT Ltd has announced a THB 3 billion (approx. US$90 million) investment through NTT Global Data Centers Corporation for the development of what it claims will be the largest data centre in Thailand. The Bangkok 3 Data Center (BKK3) will begin operations in the second half of 2024, offering a maximum IT capacity of 12MW across approxim...

The dynamic nature of macroeconomics is causing disruptions to business models across the board, as hyperscale and colocation operators must adapt to an increasingly volatile economy. Additionally, a power crisis and changing consumption patterns, where demand for computing-intensive workloads is stronger than ever, are contributing to this shift. In recent months, the tech...