Munters expands data centre cooling capabilities through Geoclima acquisition
Swedish manufacturer Munters Group (STO: MTRS) has inked an agreement to acquire Geoclima, an Italian manufacturer producing air and water-cooled chillers. Founded in 1994, Geoclima has carved a niche for itself as a player in the realm of chiller technology, a critical component in the data cen...
July 23
Accenture to acquire Italy-based network services company Fibermind
Accenture (NYSE: ACN) has announced its agreement to acquire Fibermind, an Italy-based network services company specializing in fiber and mobile 5G networks deployment, as well as infrastructure engineering services. The deal is aimed at strengthening Accenture’s capabilities in the domain and extending network services to clients across multiple industries, including tel...
June 24
Understanding 2024 data centre investment trends
In an era where artificial intelligence and cloud computing are reshaping economies and societies, data centre investment emerges as a critical intersection of technology and finance. 2024 promises unprecedented levels of activity in this sector, driven by growing demands for data processing, the proliferation of machine learning applications, and the expansive reach of hypers...
June 19
Swisscom’s Italian subsidiary Fastweb divests $477m FiberCop stake in telecom infrastructure overhaul
Swisscom's Italian telecommunications subsidiary, Fastweb, has inked a deal to relinquish its minority stake in fiber broadband infrastructure entity FiberCop, valued at €439 million (US$477 million). The transaction will see Fastweb's 4.5% shareholding in FiberCop acquired by Optics Bidco SPA, a subsidiary of private equity firm KKR (NYSE: KKR). FiberCop, a joint vent...
June 10
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