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Finland

Digital 9 buys Nordic data centre operator as trust’s investments accelerate

London-listed investment trust Digital 9 Infrastructure plc (LON: DGI9) has signed a sale and purchase agreement for the acquisition of Finnish data centre and cloud services platform Ficolo Oy for a total consideration of €135 million (US$145 million). The deal is subject to approval by the F...

April 25

João Marques Lima

Microsoft to contribute $19bn to Finland’s economy as plans for multi-billion Dollar data centre are greenlighted

Microsoft (NASDAQ: MSFT) said it will invest around €1 billion (US$1.1 billion) to erect a pubc cloud hyperscale data centre facility in Southern Finland to cater for regional demand. The new data centre region will feature Azure Availability Zones, which are physical locations equipped with independent power, networking, and cooling for additional tolerance to data centr...

March 21

João Marques Lima

AWS to open edge zones in 25 countries on 6 continents

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...

February 21

João Marques Lima

$1.15bn Pan-Artic subsea cable readies for deployment

Finland’s cybersecurity and software solutions provider Cinia Ltdv and Japan’s telecommunications infrastructure developer ARTERIA Networks Corporation have signed a Memorandum of Understanding (MoU) to build a 14,000 Km-long fibre optic cable system linking Europe and Asia through the Arctic region. ARTERIA is joining the earlier announced team of Cinia and Far North D...

February 21

João Marques Lima