Macquarie to acquire 40% in VIRTUS Data Centres
ST Telemedia Global Data Centres (STT GDC) has closed a significant investment from Macquarie Asset Management in its European subsidiary, VIRTUS Data Centres (VIRTUS). The transaction, via Macquarie European Infrastructure Fund 7, will see Macquarie Asset Management take a 40 percent stake. This also makes STT GDC a significant minority shareholder in VIRTUS. The investment […]
Kuwait Uses Google Cloud To Accelerate Its Digital Transformation Program
Google Cloud has partnered with Kuwait’s government to demonstrate its commitment to digitalization as part of its expansion in the Middle East. Kuwaiti government agencies and state-owned enterprises will implement Google Cloud’s comprehensive digital transformation roadmap as part of this strategic alliance. Google Cloud will work with the Government of Kuwait to digitise citizen services […]
BSNL & Amantya To Build Private 5G Networks
Amantya Technologies has announced that it has been empanelled as a Captive Non-Public Network (CNPN) provider for Bharat Sanchar Nigam Limited (BSNL), an Indian state-run telecommunications company. Amantya is a global provider of product engineering and system integration solutions. Both companies will together set up and maintain captive private 5G networks for customers in India. […]
Indian Cloud-for-agriculture Venture Secures Funding from Google & Other Investors
Cropin, which bills itself as the forerunner in global agritech and the creator of the first industry cloud for agriculture, claims to have raised 1.130 billion rupees (roughly $13.8 million) in funding from existing investors ABC Impact and Chiratae Ventures as well as new investors Google and JSR Corporation. The funding will assist the business […]
TheServerHost Introduces New Australia VPS Data Center for Server Hosting in Sydney
TheServerHost, a VPS Server Hosting provider, is launching its all-New Australia Data centers located in the heart of Sydney to offer hosting solutions to businesses of all sizes. To ensure that client activities operate effectively, they also provide complex network infrastructure, which includes a range of devices like PCs, servers, network interface controllers, network switches, […]
Eastern Railways Issues Tenders For The Installation Of 1.9 MW Rooftop Solar Systems In West Bengal
An invitation for bids has been issued by the Eastern Railway for the installation of 1.9 MW of grid-connected rooftop solar systems at various locations in the Sealdah Division of West Bengal, at an estimated cost of Rs. 67.42 million. The last date for submitting proposals is January 24, 2023, which will only be revealed […]
Meghna Cloud as First Cloud Data Center in Bangladesh
Bangladesh Data Center Company Limited (BDCCL) and Gennext Technology have recently inked an agreement to establish Meghna Cloud, Bangladesh’s first cloud data center. The contract was signed by Gennext Technology Chairman Touhidul Islam and BDCCL Managing Director Abu Sayeed Chowdhury. At the signing event, additional representatives from both organizations were in attendance. The two national […]
EY Report Forecasts a Resurgence of Interest in Tech Deals in 2023 Despite Unfavorable Circumstances
The biggest potential for tech companies in 2023 is to pursue an aggressive mergers and acquisitions (M&A) strategy in light of increasing inflation, an energy crisis, and falling consumer confidence, according to an annual EY report titled Top 10 prospects for technology firms in 2023. Top 10 opportunities in technology for 2023 are: Accelerate M&A […]