Mergers and AcquisitionsSouth Reach Networks Acquires Fiber and Colocation AssetsTy TrumbullMay 16, 2020South Reach Networks, backed by private equity firm Turning Rock Partners, acquires more fiber optic & colocation assets in Florida.
Security Staff Acquisition & DevelopmentNutanix Furloughs Are Not Layoffs, HCI Technology Vendor SaysJoe PanettieriMay 4, 2020Nutanix will furlough 27% of employees for two weeks before November 2020, the hyper-converged infrastructure (HCI) technology company says.
Mergers and AcquisitionsNorthern Data Acquires HPC Specialist Kelvin Emtech GroupTy TrumbullApril 30, 2020Germany-based Northern Data AG acquires Montreal data center & high performance computing (HPC) specialist Kelvin Emtech Group (KE Group).
Mergers and AcquisitionsVantage Data Centers To Acquire UK’s Next Generation DataTy TrumbullApril 8, 2020Vantage Data Centers, backed by private equity firm Digital Bridge Holdings, acquires Next Generation Data (NGD) for additional European expansion.
Channel investorsLeonovus Pursues PureColo Data Center Acquisition, Seeks FinancingJoe PanettieriMarch 7, 2020Cloud storage software provider Leonovus pursues PureColo colocation data center acquisition. But the pending M&A deal needs financing.
Security Staff Acquisition & DevelopmentCyrusOne CEO Resigns; Data Center Business Up for Sale?Joe PanettieriFebruary 20, 2020CyrusOne CEO Gary Wojtaszek resigns amid rumors that Morgan Stanley seeks buyer for the data center provider. Tesh Durvasula named interim CEO.
Security Staff Acquisition & DevelopmentIntel Layoffs 2020: Targeted Data Center and Software Staff Cuts, Reports SayJoe PanettieriJanuary 22, 2020Intel plans modest data center group layoffs & software staff cuts amid aggressive push toward artificial intelligence (AI) & other next-generation technologies, report says.
Private equityMacquarie Acquires AirTrunk Data Centers: ReportJoe PanettieriJanuary 10, 2020Macquarie Group acquires Australian data center provider AirTrunk for US$2.1 billion, report says. Asia-Pacific data center expansion expected.