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News - Finance & Investment

Shakopee approves incentives for data centre

09.05.2013

A proposed data centre project in Shakopee got a boost from the City Council even though the new development shrunk by almost 20% from a previously-approved plan. The Shakopee council last month approved a 50-percent property tax abatement that would rebate...

STPI to set up data centre in Hyderabad

09.05.2013

The Software Technology Parks of India will set up a data centre in Hyderabad. The data centre will address the storage and cloud needs of small and medium enterprises.STPI Director-General Omkar Rai and STPI (Andhra Pradesh) Director Venugopal have met the AP Information Technology Minister...

Rackspace off to 'slow start' for 2013 with Q1 revenue miss

09.05.2013

Despite professed optimism from company executives, Rackspace is starting 2013 off on the wrong foot by dipping below analyst expectations. The open cloud company reported first quarter earnings of US$27 million,). Non-GAAP earnings were 20 cents a share...

Go Daddy breaks ground on Arizona data centre

08.05.2013

Web host Go Daddy broke ground on its data centre in Tempe, Arizona in a ceremony attended by Governor Jan Brewer and representatives from Arizona State University Research Park, Ryan Companies, the Arizona Commerce Authority and the Greater Phoenix Economic...

DuPont Fabros Technology reports first quarter 2013 results

08.05.2013

DuPont Fabros Technology has reported results for the quarter ended March 31, 2013. For the quarter ended March 31, 2013, the company reported earnings of US$0.12 per share compared to US$0.08 per share for the first quarter of 2012. Revenues increased 12%, or...

Claranet opens new data centre in Lisbon

08.05.2013

Claranet has opened a new data centre in Lisbon. Located in the Park of Nations, it will be the company’s third in the country. The space will have an initial capacity of 100 m2, with the possibility to expand in the near future.

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