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GIP, KKR buy major share slice in Vantage Towers

A consortium of funds led by Global Infrastructure Partners (GIP) and KKR (together “the Consortium”) have entered into a strategic co-control partnership with Vodafone GmbH for Vodafone’s c. 81.7% stake in European tower company Vantage Towers AG. As part of the transaction, Vodafone will...

November 15

Southeast Europe’s largest data centre campus opens for business

New data centre player ClusterPower has brought online the first phase of its campus in Mischii, Romania. The €40 million ClusterPower DC development is part of a larger development plan to build 273,000 sq ft of data centre space, which will make the project the largest data centre campus in Southeast Europe once fully built. Around €20 million of the initial capita...

France’s Tofane Global buys into IoT space with PaaS acquisition

Paris-based Tofane Global has acquired Internet of Things (IoT) Platform-as-a-Service (PaaS) provider and Mobile Virtual Network Enabler (MVNE) Simfony as the investor vehicle bets on M&A to expand its services. Simfony, whose platform architecture is built on concepts including Software Defined Network (SDN) and Network Functions Virtualisation (NFV), will be placed un...

February 16

Romania banks on 200MW AI data centre to boost digital economy

Romanian cloud service provider ClusterPower has broken ground on its 200MW data centre campus set to become one of Southeastern Europe largest hosting sites. The hyperscale campus, to be located in Mischii, near Craiova, Dolj County, will have up to 4500 racks and 200MW capacity and be powered with natural gas. Five buildings are planned to be built on a ​​273,400 s...

October 21

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