Lumen Technologies (NYSE: LUMN) has officially closed the sale of its Latin American operations to alternative investment firm Stonepeak for US$2.7 billion cash. The Latin American business, called Cirion, will operate as an independent portfolio company of Stonepeak. As a result of the transaction closing, Stonepeak has named Lumen's LATAM Regional President, Facundo Ca...

Spanish investment vehicle Asterion Industrial Partners has reportedly tasked Greenhill with the sale of 11 data centre facilities in Latin America, according to sources. The assets, operated under the Nabiax brand, would see the group exit the region and reduce its footprint from 15 facilities to just one in the US and three in Spain. Combined the data centres provide r...

Amazon Web Services, Inc. (AWS), the cloud business arm of e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN), has announced the completion of its first 16 AWS Local Zones in the US and plans to launch new AWS Local Zones in 32 new metropolitan areas in 26 countries around the world. The 16 US locations include Atlanta, Boston, Chicago, Dallas, Denver, Houston, Kansas City, L...