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The Tech Capital UOB announces $500m tech park for Singapore

Asian bank UOB said it will invest more than S$500 million (~US$375 million) to build its new global technology and innovation centre in JTC’s Punggol Digital District (PDD), Singapore. With this investment, UOB becomes the first local bank to establish its presence in Singapore’s first smart and sustainable business district, and is the largest commercial investor in P...

April 20

The Tech Capital Northern Data pumps equity up as revised growth roadmap accelerates

Frankfurt-headquartered Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) has implemented a capital increase excluding subscription rights with gross proceeds of €32.27 million (US$35.26 million). These new proceeds, plus potential long-term debt facilities for which Northern Data is in discussions, are to be mainly used for the purchase of ASIC servers for BTC mining and...

April 18

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