AirTrunk sells for $23.5 billion
AirTrunk founder Robin Khuda has cemented his billionaire status after clinching the sale of his nine-year-old data centre business to Blackstone. The deal valued AirTrunk at $23.5 billion which highlights the wealth created by the artificial intelligence boom and made it the biggest corporate deal of the year. AirTrunk has 11 data centres across Australia, […]
Sify becomes India’s first NVIDIA DGX Ready DC Partner certified for Liquid Cooling
Sify Technologies Limited, one of India’s most prominent Digital ICT solutions providers, has become an NVIDIA colocation partner with the NVIDIA DGX-Ready Data Center program, certified for liquid cooling. The certification, the first such for an Indian data center provider, represents Sify’s data center deployment solution specifications to support 130 KW/rack capacity. The cooling solution […]
Meeza signs US$ 27 Million deal to deliver 1 MW Data Center capacity
MEEZA, a managed IT services and data centre provider from Qatar, has reached an agreement to deliver 1 MW capacity in its M-VAULT4 data centre to a global hyperscaler. The project has a total contract value exceeding 100 million QAR (US$ 27 million approx.), and extends over the remaining contract period ending in 2036. MEEZA, established […]
Sydney DC market grows 50% in just eight months – DC Byte
2024 has shaped up to be an extremely busy year for the Sydney market with all the announcements and activity going on in various clusters. While Western Sydney (Huntingwood/Eastern Creek) is still the most active, it does feel that every corner of Sydney has seen some form of activity in the last 6-8 months. The […]
Philippines’ ICT Department Seeks Bigger Budget for Data Center Infrastructure
The Department of Information and Communications Technology (DICT) has called for a significant increase in funding to accelerate the development of data center infrastructure within the Philippines. The DICT has emphasized the importance of investing in robust data centers to support the country’s digital transformation, citing the growing demand for computing power and the need […]
Blackstone reported to be on the verge of acquiring AirTrunk
Reports from Bloomberg indicate that Blackstone is close to finalising the acquisition of the Australian data centre operator AirTrunk. The acquisition has been made for more than US$13.5 billion including debt according to sources familiar with the transaction. Blackstone has emerged through the course of the process as the preferred buyer for AirTrunk after outbidding […]