European Data Centre Association
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Germany

Russia’s Yandex to move into Germany with $30m cloud investment

Russian internet company Yandex (YNDX.O) is gearing up plans to expand its cloud services outside the country with the deployment of data centres in Germany. The initial capital commitment is set to reach US$30 million and the first servers are expected to come online in 2022. The project is set to bring Yandex.Cloud services into a burgeoning market and marks one of the...

September 29

Northern Data invests $430m to expand HPC and mining capabilities

HPC and Bitcoin mining business Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) said it has agreed to purchase Decentric Europe BV from Block.one and will, as a result, acquire all of Decentric’s GPU hardware for EUR 365 million (US$430.52 million). The transaction includes approximately 223,000 GPU cards produced by AMD and Nvidia, which are installed in more than 24,0...

August 15

How following the sun is driving this $1.3bn business to Europe

Life today is run by software. From your banking services to your car, your health, and all the industries behind it to ensure services and goods are delivered to billions across the world. Despite its critical role, a lot of the software being produced and consumed often goes unnoticed. Just ask yourself the question: what software am I using when I open my banking app or ...

August 12

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