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The Tech Capital Vantage Data Centers launches first Taipei data centre

DigitalBridge Group-backed (NYSE: DBRG) Vantage Data Centers has cut the ribbon on its first Taipei data centre (TPE11). Located in the Taoyuan district of Taiwan, the 16MW facility has been designed to accommodate both cloud and high-density deployments, enabled with liquid cooling technology to support artificial intelligence (AI) and data-intensive applications. Place...

The Tech Capital Keppel DC REIT acquires Tokyo data centre for $150m

Keppel DC REIT Management Pte. Ltd, as manager of Keppel DC REIT (the Manager), and Keppel Ltd. (Keppel) have entered into an agreement to acquire a 100% interest in a shell and core data centre located in Tokyo, Japan for JPY 23.4 billion (S$201.0 million; US$149.81 million). The total purchase consideration represents a 2.5% discount to the property’s valuation of JPY 2...

The Tech Capital VNET Group to dissolve special committee after founder’s withdrawal of privatisation proposal

Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET) said its special committee of the company's board of directors received a letter dated July 10, 2024 from Josh Sheng Chen, Founder, Co-Chairperson and interim Chief Executive Officer of VNET, stating that he had determined not to proceed with his preliminary non-binding proposal dated September 13, 2022 to acquire al...

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