NEXTDC Announce 300MW Hyperscale Data Centre Campus in Australia

NEXTDC Limited announced a major milestone in their long-term data centre development strategy, securing a new data centre site in Western Sydney. S4 Sydney is a significant long-term expansion opportunity that will provide data centre services to Hyperscale Cloud Providers in a new Availability Zone within the Sydney market not currently serviced by NEXTDC’s existing […]

Digital Realty to Build Second Data Center (64MW) in South Korea

Digital Realty (NYSE: DLR) announced it has acquired a land parcel in Seoul, South Korea expected to support the development of up to 64 megawatts of critical IT capacity. The parcel is located at Gurae-dong, Gimpo City in northwest Seoul, approximately 23 kilometers from Digital Seoul 1 (ICN10), Digital Realty’s first facility in South Korea, […]

PLDT eying sale of tower assets for US$800 million

Philippines’ biggest telecommunications and digital services provider by market value PLDT is looking to sell its local towers. According to Bloomberg, PLDT is looking at a deal that would fetch about US$800 million to 1 billion, according to sources in the know as reported by Bloomberg. The transaction would involve PLDT selling the towers and […]

Freightify raises $2.5 in Pre-Series A funding

Freightify, the ocean rate management platform has secured $2.5mn in Pre-Series A funding. The funding was led by Nordic Eye Venture Capital with the participation of Tradeworks VC, Venture Catalysts, 9Unicorns, and Blume Founders Fund. Existing Investor Vinod Kumar Talreja also participated in the round, the company said. Freightify will use the proceeds to invest […]

How demand for Hyperscale DC is rising in South Asia

The increase in the demand for data centres and the adoption of the latest technologies is resulting in an increased demand for hyperscale data centres to meet these demands. W.Media’s ‘South Asia Cloud & Data Centre Awards Summit’ panel discussion on ‘Building Hyperscale data centres to meet South Asia’s digital economy demands’ discussed aspects such […]

Yondr and Everstone Group to set up Data Centres in India with $1 billion investment

Hyperscale data centre company Yondr Group, in a joint venture partnership with Everstone Group, is investing $1 billion to open data centres across multiple locations in India. Operating under the brand name EverYondr, the first data centre will come up in the Mumbai Metropolitan Region for which land and power have already been acquired. This […]

Keppel DC REIT acquires Data Centre in China

Keppel DC REIT has entered into agreements with Guangdong Bluesea Data Development Co. Ltd. (Bluesea) and its parent company, Guangdong Bluesea Mobile Development Co. Ltd., to acquire Guangdong Data Centre, a fully-fitted data centre facility in Jiangmen, Guangdong Province, for RMB 635.9 million (approximately S$132.0 million). This is Keppel DC REIT’s first data centre acquisition […]