Deepak
CommScope Launches Propel XFrame Solution For Data Centers
CommScope has announced the launch of its Propel XFrame solution as the latest addition to the Propel portfolio of high-performance data center solutions. The Propel XFrame solution is a floor-mounted fiber frame designed to support and evolve with the demands of data centers and high-performance computing facilities. “We believe that the Propel XFrame solution is the answer to our data center cus...
Accenture Acquires Soben To Bolster Its Data Center Development
Accenture has agreed to acquire Soben, a global provider of construction consultancy services, headquartered in Glasgow, Scotland. Soben’s expertise in data center development and the pharmaceutical and energy industries will boost Accenture’s capital projects capabilities in advisory as well as project, cost and commercial management for clients. Soben works for leading global hyperscalers ...
Toshiba Opens HDD Lab In Germany
Toshiba Electronics Europe GmbH (Toshiba) has inaugurated a new HDD Innovation Laboratory (HDD Innovation Lab) at its site in Düsseldorf, Germany. The facility expands Toshiba’s HDD (hard disk drive) evaluation capabilities to customers and partners in Europe and the Middle East, supporting them in identifying the optimal HDD setups for their applications. Its main purpose will be the evaluation ...
Lip-Bu Tan Appointed CEO Of Intel
Intel Corporation has announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the board in August 2024. Zinsner...
Nutanix Successfully Hosts .NEXT On Tour Riyadh
Nutanix hosted a successful edition of its annual .NEXT event in Riyadh at the Crowne Plaza RDC. The event, held at the end of January, was a celebration of Nutanix’s 15th anniversary and a significant milestone for the company in Saudi Arabia, marking the continued momentum and growth in the region. With over 600 attendees, the event attracted both partners and end-users eager to explore t...
Eaton Acquires Fibrebond Corporation For $1.4 billion
Intelligent power management company Eaton has announced it has signed an agreement to acquire Fibrebond Corporation, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers. Under the terms of the agreement, Eaton will pay $1.4 billion for the acquisition of Fibrebond, which is expected to generate $110 million of estimat...
OpenAI Inks $11.9bn AI Cloud Deal With CoreWeave
CoreWeave has announced a deal to deliver AI infrastructure to OpenAI, expanding OpenAI’s compute capacity for training and delivering its latest models at scale to its hundreds of millions of users around the world. The contract value for this strategic deal is up to $11.9 billion. As part of this deal, OpenAI will become an investor in CoreWeave through the issuance of $350.0 million of C...
Pure Storage FlashBlade//EXA data storage platform supports AI and HPC workloads
Pure Storage has debuted FlashBlade//EXA, a high performing data storage platform engineered for the most demanding requirements of AI and High-Performance Computing (HPC). While legacy approaches to data storage have held back AI potential, FlashBlade//EXA breaks the metadata bottleneck with a proven architecture based on FlashBlade, built for high concurrency and the massive amounts of metadata...
Vertiv Focuses On AI And HPC Environments With Vertiv CoolLoop Trim Cooler
Vertiv has made another key addition to its industry-leading thermal management portfolio, with the introduction of the Vertiv CoolLoop Trim Cooler, in support of air and liquid cooling applications for AI (artificial intelligence) and HPC (high-performance computing). This global solution supports diverse climate conditions for hybrid-cooled or liquid-cooled data centers and AI factories. Integra...
Partners Group Acquires Australian Data Center Provider GreenSquareDC
Swiss private equity firm Partners Group is to acquire Australian data center firm GreenSquareDC. Partners Group will invest up to AUD 1.2 billion (US$759m) to transform GreenSquareDC into a next-generation data center platform. Under Partners Group’s ownership, GreenSquareDC will become an owner, developer, and operator of large-scale sustainable data centers across key Australian cities, generat...
GDS To Sell Data Centers To New REIT
Chinese data center operator GDS Holdings has announced that it has entered into definitive agreements to monetize, on a net basis, a 70% equity interest in certain of its data centers, at an implied enterprise value (“EV”) to EBITDA multiple of around 13 times. In a first of a kind transaction, GDS is selling a 100% equity interest in certain data center project companies to a private REIT (“P-RE...
Qualcomm Boosts AI & IoT Capabilities with Edge Impulse Acquisition
Qualcomm Technologies has announced the entry into an agreement to acquire Edge Impulse, which will enhance its offering for developers and expand its leadership in AI capabilities to power AI-enabled products and services across IoT. The closing of this deal is subject to customary closing conditions. This acquisition is anticipated to complement Qualcomm Technologies’ strategic approach to IoT t...