Russian internet company Yandex (MCX: YNDX) is on the verge of breaking ground on a hyperscale campus located in Kaluga, in the western part of the country. The facility, to be erected in at the Grabtsevo Industrial Park, has been designed to service 63MW of IT load. The 1.4 million square feet building will support more than 3,800 servers. The capacity is the highest ac...

Stockholm-based Hexatronic Group AB (STO: HTRO) has signed an agreement to acquire 90% of the shares in Impact Data Solutions Limited (IDS). The acquisition will be completed on October 3, 2022. The sellers are Sterlite Global Venture Limited based in Mauritius, a wholly owned subsidiary of Sterlite Technologies Limited, selling 80% of the shares in IDS and the original fou...

Singapore data centre REIT Digital Core REIT (SGX: DCRU), sponsored by Digital Realty (NYSE: DLR), has entered into an agreement with Digital Realty to acquire a 25% interest in an institutional quality freehold data centre in Frankfurt, Germany, valued at €558 million, or approximately US$558 million (at 100% share), with the option to acquire up to an 89.9% interest in the...