News - Finance & Investment
Zephyr Peacock invests US$10 million in Trimax IT
Private equity firm Zephyr Peacock India Fund has invested US$10 million in Mumbai-based IT firm Trimax IT Infrastructure and Services for a minority stake. Trimax will use the funds to strengthen its team by 1,000 to 3,000 people over the next six months, and to launch its operations in...
Equinix revises 2010 third quarter and fiscal year guidance
Equinix has announced it expects 2010 third quarter and full year revenues will be below the Company’s previous outlook, and it expects 2010 third quarter and full year adjusted EBITDA will be above the Company’s previous outlook, both provided on July 28, 2010.
Equinix now...
CLS buys Colt Telecom French HQ and data centre
British property investor CLS Holdings has said it bought Colt Telecom Group SA's data centre and French headquarters for €14.3 million as part of its strategy to focus on high cash returns.
The 10,778 sq m office and industrial property in Paris, which is leased until September...
Peak 10 closes on RBC Credit Facility and on investment from Welsh Carson
Peak 10, a managed services company with world-class data centres and Welsh, Carson, Anderson & Stowe, a leading private equity firm, have announced the closure of a transaction in which Welsh Carson has become the majority shareholder of Peak 10. As part of the acquisition, Peak 10 has...
CA Technologies' India Technology Centre opens in Hyderabad
CA Technologies, has decided on a US$600 million R&D spend in the current year with focus on emerging one of the top companies in cloud computing and virtualisation management segments. It has set aside another US$500 million and is scouting for suitable companies that can bring in new...
CIBER opens IT centre in Poland
CIBER Polska, a branch of the international IT outsourcing and software giant, is to open an International IT Service Centre in Poznan, mid-western Poland. Its employees are to service largest international corporations. This will be the first centre of this kind in Eastern Europe,
...
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