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IPI Partners acquires DigiPlex in major Nordic data centre monopoly move

Nordic data centre operator DigiPlex said the business is to be acquired by affiliates of IPI Partners, LLC, a global investment platform focused on cloud hosting and other technology and connectivity-related real assets. Through the very much anticipated transaction, which is expected to close in Q3 2021, IPI will acquire 100% ownership of all DigiPlex Group companies. The...

Volvo steers CAPEX towards new 200 PebiBytes connected car data centre

Swedish car manufacturer Volvo (STO: VOLV-B) said it will build a 200 PebiBytes (225 million gigabytes) data centre to harness and store data gathered from sensors in its cars. The news was shared during the company’s Tech Day and comes as other car manufactures also invest in building more software and data storage capabilities to support the development of the connect a...

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