Cequel III-Led Investor Group Acquires Controlling Interest in DDC Cabinet Technology

ST. LOUIS, January 31, 2024 – Following an initial investment last year, Cequel III announced today that it, with Thompson Street Capital Partners, has taken a controlling interest in privately held DDC Cabinet Technology. Co-founders Chris Orlando and Mark Ortenzi, who launched the DDC Cabinet business in 2011, will continue as minority investors. Financial details […]

Kao Data Completes £206M Debt Raise with Deutsche Bank for Data Center Expansion

London, 24th January 2024  – AI and advanced computing data center company Kao Data announced it has completed a new, £206 million debt raise, with an accompanying accordion facility extendable to £356 million, via Deutsche Bank. The announcement marks a step forward for Kao Data, providing debt financing to fast-track its new contracted developments with […]

TierPoint Selects DDC Cabinet Technology for AI Workloads in High-Density Data Center

San Diego – DDC Cabinet Technology, maker of scalable data center-to-edge solutions that feature patented Dynamic Density Control (DDC) technology, announced the company’s ‘better than liquid’ cooling technology will support the augmentation of a TierPoint data center in eastern Pennsylvania, helping meet explosive demand for AI workloads and representing one of the largest ultra-high-density, single-user […]

atNorth Joins Finnish Data Center Association

Reykjavik, Iceland – November 2, 2023 – atNorth, a Nordic colocation, high-performance computing, and artificial intelligence service provider, today announced it joined the Finnish Data Center Association (FDCA). The association aims to nurture the fast growing data center ecosystem in Finland, and enhance the standardization and sustainability of its industry processes. The business acquired two […]

Schneider Electric Issues AI-based Data Center Optimization Guide

London, October 19th 2023 – Schneider Electric has introduced a guide to addressing new physical infrastructure design challenges for data centres to support the shift in artificial intelligence (AI)-driven workloads for AI-optimised data centre design. Titled “The AI Disruption: Challenges and Guidance for Data Centre Design,” this document provides invaluable insights and acts as a […]

atNorth Announces 30MW Data Center in Copenhagen for HPC, AI

Reykjavík – October 10th, 2023 –  atNorth, a Nordic colocation for HPC and AI, has announced its expansion into Denmark with a new data center in Ballerup, Greater Copenhagen. The first phase will go live in Q4 2024 following a swift 12-month build. The site, called DEN01, will be atNorth’s ninth data center and marks its presence […]

Infratil and L&G Capital Increase Investment in Kao Data

London, October 5th, 2023 – Kao Data, developer and operator of high-performance data centres for enterprise, cloud, HPC and AI, has announced that infrastructure investment firm, Infratil and Legal & General Capital, the alternative asset platform of Legal & General Group, have increased their equity stakes in Kao Data. Infratil will now hold a majority […]

Kao Data Appoints David Bloom Chairman

London, September 21st, 2023 – Kao Data, the specialist developer and operator of high-performance data centres for enterprise, cloud, HPC and AI, has appointed David Bloom, one of the company’s founding investors and Partner at Goldacre NOÉ Group, as the company’s new Chairman. In his new role, Bloom will take an active role in the […]

DE-CIX and DCX Partner to Power AI and HPC

Phoenix – September 07, 2023 – DE-CIX, an Internet Exchange (IX) operator and home to a carrier and data center-neutral interconnection ecosystem, announced its partnership with DCX.us Data Center, a provider of managed hyper-density colocation solutions built for high-performance computing, artificial intelligence and mission-critical applications. Currently taking pre-orders, this collaboration brings together the renowned interconnection capabilities of […]

atNorth Names Erling Gudmundsson COO

Reykjavík, Iceland – August 15th, 2023 – atNorth, a Nordic colocation, high-performance computing, and artificial intelligence service provider, has announced the appointment of Erling Gudmundsson as chief operating officer (COO). The company said the hire supports atNorth’s commitment to building a world class leadership team to guide its extensive growth plans in response to the increasing demand […]