Macquarie to acquire 40% stake in Open Fiber for $2.51 billion

Financial services major Macquarie Asset Management will acquire a 40 per cent stake in Open Fiber for €2.12 billion (US$2.51 billion). Open Fiber is jointly controlled by Enel and CDP. It operates Italy’s largest fibre-to-the-home network, with more than 12 million households passed in more than 180 urban centres and more than 2,300 rural municipalities […]

Acoustic to launch a local Cloud-based Data Centre in Australia

Acoustic, formerly part of IBM, has announced the launch of a local cloud-based data centre in Australia. The company said it is committing “tens of millions of dollars” to drive growth in-country and expand its local team. However, it did not get into the specifics of the investment. Acoustic was spun off from IBM in […]

Overview of APAC Data Centre Security Symposium

The COVID-19 pandemic has turbo-boosted organisations working from home and shifting their workload to the virtual world earlier than planned. This increase in tech adoption has fuelled a rise in data centers. While this leads to the acceleration of the digital transformation journey within organisations, cyber security issues have reared their heads. Organisations are realising […]