CyrusOne breaks ground in 81MW Frankfurt data centre
US data centre developer and operator CyrusOne has officially broken ground on its newest data centre in Germany (FRA7). The project is located on a 63,000 square meter plot at FRANKFURT WESTSIDE; a 73-hectare commercial and industrial mixed-use regeneration project managed by BEOS AG and Swiss ...
July 22
Bitcoin miner Northern Data pursues US$16bn IPO for cloud computing and data centre operations
Northern Data AG is reportedly exploring strategic options including an initial public offering (IPO) on the Nasdaq exchange for a combined entity encompassing its cloud computing endeavours, codenamed "Taiga," and its data centre operations, dubbed "Ardent." According to Bloomberg sources, the German company is in discussions with potential advisers. The valuation range...
July 08
DTCP closes $450m Growth Equity III Fund
Investment management firm DTCP has finalised the DTCP Growth Equity III Fund and an initial closing of an additional B2B early stage investment fund, amassing a total of US$450 million. This builds on its predecessor DTCP Growth Equity Funds, GE I and GE II, and underscores the firm's commitment to digitisation and automation within the investment landscape including withi...
July 03
Amazon to invest an extra $9.4bn in German cloud
Amazon (NASDAQ: AMZN) has announced an additional €8.8 billion (US$9.44 billion investment plan towards its German cloud. The capital deployment, slated for completion by 2026, is poised to bolster the company's cloud infrastructure within the AWS Europe (Frankfurt) Region. The figure comes in addition to the previously committed €7.8 billion (US$8.36 billion) to bui...
June 24
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