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Romania

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

Southeast Europe’s first mega data centre breaks ground

Construction machines have begun operations to build what will be Southeast Europe’s largest data centre upon full completion at 273,000 sq ft. The facility, located in Mischii, Craiova, in Romania’s Dolj County, is being developed by ClusterPower, a company founded in 2019 by Romanian entrepreneurs Cosmin Georgescu, Vladimir Ester and Carmen Ursa Georgescu. The init...

August 15

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