Microsoft (NASDAQ: MSFT) said it has reached an agreement to acquire Fungible Inc., a startup provider of composable infrastructure aimed at accelerating networking and storage performance in data centres with high-efficiency, low-power data processing units (DPUs). Financial details of the transaction have not been revealed, but early reports on the deal have effectively b...

Data centre and networking optimisation firm Park Place Technologies has acquired the TPM and Professional Services assets of CentricsIT, an IT services provider based in Atlanta, Georgia. The deal has been designed to enhance Park Place’s Professional Services offering with a special focus on IMAC, ITAD, Remote Hands, and deployment services, including cabling, wi-fi sur...

Floating data centres developer Nautilus Data Technologies has signed leases for two new locations, Marseille, France and Los Angeles, California. Both sites will accommodate a 7.5-megawatt data centre facility, with power agreements and water assessments already in place, the firm said. According to the group, the Nautilus cooling technology consumes no water and operat...