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News - Finance & Investment

Viatel and Digiweb join forces to create pan European telecom and IT services group

15.05.2013

Digiweb Group have  announce that Viatel and VTLWaveNet have joined its group, creating a pan-European full-service telecommunications provider, with operations in United Kingdom, Ireland, France, Germany, the Netherlands...

T5 Data Centers raises US$113 million to expand Dallas data centre

15.05.2013

T5 Data Centers, innovators in providing state-of-the-art, customizable and highly reliable computing support environments for any enterprise, has announced the company has completed a loan for US$113 million to expand its T5...

IO raises US$260 million in financing

15.05.2013

IO, the global leader in software-defined data centres, has announced the closing of a new US$260,000,000 multi-year credit facility led by Wells Fargo. IO’s existing bank group, consisting of Wells Fargo and Mutual Bank of Omaha, has been expanded to include Bank of America, Bank of Montreal,...

Data centre space in parts of New Jersey is 4 times the cost of space in Manhattan

15.05.2013

Companies want to pay US$600 or more per sq ft to locate their gear close to high-priority data centres in New Jersey that host the Nasdaq and the New York Stock Exchange, a rate four times the cost of square footage across the river in Manhattan, according to the New York Times. The story shows...

QTS increases credit facility to US$575 million

15.05.2013

QTS (Quality Technology Services), one of the nation’s leading providers of data centres and managed services, has announced its credit facility has increased to US$575 million. Along with its $135 million increase, the credit facility was converted from...

Oracle opens second UK data centre to support government G-Cloud

15.05.2013

Oracle has announced the opening of a new data centre in the UK to support the government’s G-Cloud initiative, following a similar move by Salesforce.com earlier this month. Oracle already has a general-purpose data centre in Linlithgow, Scotland,...

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