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London, UK, Apr. 18, 2023 – The Tech Capital, a digital media, reports, and events platform providing valuable daily content and data covering investment and...
Manulife Investment Management (Manulife IM), on behalf of Manulife Infrastructure Fund II and its affiliates, has entered into a definitive agreement to acquire a controlling interest in Serverfarm, a data centre owner and operator. The investment by Manulife IM, together with support from exi...
May 22
STT’s data centre unit, STT Global Data Centers (STT GDC), is mulling a US$1 billion raise as it considers an initial public offering (IPO). The group, backed by Singapore’s state-owned investment firm Temasek Holdings, is rumoured to have already held conversations with potential advisers on the raising round. The funding could help set a valuation benchmark for an ...
May 18
US digital infrastructure REIT Equinix (NASDAQ: EQIX) has increased its 2023 annual guidance as demand for hosting services continues to outpace projections. The operator said it expects revenues to now reach US$8.175 - US$8.275 billion, an increase of 13 - 14% over the previous year, or a normalised and constant currency increase of 14 - 15%. This represents an increase...
May 08
The rapid growth of data centre investment is set to deaccelerate in the coming months as challenging macroeconomics begin to affect the industry. The warning has come from merican credit rating agency S&P Global Ratings in a note concerning CyrusOne’s US$701 million in notes issuance as the market navigates high inflation rates and a looming economic slump amongst ...
April 25
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers