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EQT-backed hyperscale data centre operator EdgeConneX has enlarged its data centre footprint in Israel with the construction of a new facility, located in Rishon. The new data centre will support the increasing demand for digital infrastructure in the region by hyperscalers, cloud service provid...
April 25
EQT has held the final closing of EQT Growth above its €2 billion (~US$2 billion) target, raising €2.2 billion (~US$2.2 billion) in fee-generating assets under management (AUM) and total commitments of EUR 2.4 billion. The raise underlines investors’ current strong demand for thematic investment strategies. The EQT Growth fund will be used to finance technology com...
September 13
African digital infrastructure and services provider Liquid Intelligent Technologies, a business of Cassava Technologies, has completed the acquisition and delisting of Telrad, an Israeli-based technology company (TASE: ILA). Telrad has a presence in 13 countries across the Middle East, South America, United Sates, Eastern Europe, Asia and provides technology products and s...
August 17
Private investment firm Berkshire Partners has carried out an investment to buy 49% of Israeli data centre platform MedOne as the nation’s cloud and colocation market continue to attract consumers. The round, valued at US$215 million and described as a “significant growth investment”, also saw the participation of the van Rooyen Group, alongside majority shareholder T...
July 18
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