Bain Capital offers to take Chindata private at nearly US$ 3 billion
U.S.-based private equity firm, Bain Capital, has reportedly offered to take Chinese data center operator, Chindata Group private. Reuters reported the Beijing-based firm is being valued at US$ 2.93 billion in a deal with Bain Capital, which already owns a 42.2% stake in Chindata. Bain Capital bought Chindata in 2019 and merged it with its […]
Singapore Sets Sustainability Standard for Data Centers Operating in Tropical Climates
Singapore launches-new standards for data centers, which are designed to optimize energy efficiency in tropical climates and are the first of their kind anywhere in the world. The new standard announced by the Infocomm Media Development Authority (IMDA) aims to help DCs develop a roadmap to support the gradual increase in the DC operating temperatures […]
Macquarie Data Centres completes major upgrades to Sydney and Canberra Campuses
Upgrades include the addition of two further ultra-secure zones and reflect the company’s ongoing investment in capability, capacity and security Macquarie Data Centres, part of Macquarie Technology Group (ASX: MAQ), today announced it has completed major upgrades to its Data Centre Campuses in Sydney and Canberra, helping government and enterprise customers expand their capacity and […]
Pulse Data Centre announces Vocus network service availability
Pulse Data Centre (Pulse DC), established in 2018 and a wholly owned subsidiary of the FKG Group, today announced availability of Vocus services at its Toowoomba data centre. Located in Queensland, Pulse DC offers Tier III Uptime Certified data centre services for corporate, enterprise, defence and government customers. Vocus, Australia’s specialist fibre and network solutions […]
Princeton Digital Group joins hands with Tata Power to reduce carbon footprint
Princeton Digital Group (PDG) announced the signing of a 25-year renewable energy agreement with Tata Power, one of India’s largest power companies. This agreement will enable PDG’s MU1 data center in Airoli, Mumbai to get power generated by a solar project located in Nanded district, Maharashtra. The project is a captive development with investment from […]
Japan Data Center Market Poised for Continued Growth at a CAGR of 5.93% during 2022-2028
The Japan data center market is forecasted to experience steady growth at a CAGR of 5.93% during the 2022-2028 period. The key reasons for the projected boom is due to Japan’s status as an economic powerhouse in the APAC region and a hub for global connectivity. The Northeast Asian country is seen as a leader […]
Thailand Emerges As A Preferred Destination for Japanese Data Center Investments
Two Japanese data center providers have invested approximately US$164 million (equivalent to 5.5 billion baht) to establish and expand data centers in Thailand, positioning the country as among the preferred destination for data center investments in Southeast Asia. Telehouse in May announced the opening of its first Thai data center at the prime location of […]