UK-based high-performance data centre operator Kao Data has unveiled plans to build a new 40-megawatt (MW) data centre in Manchester, breaking away from being solely based in the British capital region. The new location is the first of several to come across other Tier II cities, with the next wave of CAPEX expected to occur in Central Europe. The 39,000 square metre Man...

Vodafone and international trading and business investment group Sumitomo Corporation have established a new, standalone business to drive the development of the Economy of Things. Within this new global ecosystem, vehicles, devices and machines can interact and transact with each other via a digital platform, without human intervention, but with the owner in full control, ...

Convergence Partners has announced the acquisition of a strategic stake in 42Markets Group, an incubator, investor and builder of specialist businesses in the financial and capital markets sector. The introduction of Convergence Partners as new investors will enable the 42Markets Group to accelerate growth through the buildout of its product set and further geographic expan...