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April Round-Up: M&As; DC Expansion; Sustainable Industry Solutions

27 April 2021

April has brought with it even further advancement in and around the tech space, with many industry service providers forging new partnerships and adopting fresh solutions to boost their offerings.

Here, we get to grips with the latest industry news, from recent mergers and acquisitions to the sustainable data center and network solutions that enterprises are adopting to support the shift to clean energy.

MERGERS & ACQUISITIONS

Aqua Comms to be acquired by Triple Point’s Digital 9 Infrastructure PLC

Early in the month, it was announced that Ireland-based and independent ‘carriers’ carrier’, Aqua Comms, would be acquired by digital investment trust Digital 9 Infrastructure PLC.

Aqua Comms’ CEO, Nigel Bayliff, said in the news release that “The acquisition by Digital 9 will facilitate Aqua Comms in delivering on its vision of efficient infrastructure ownership and deployment to the widest possible market through its carrier-neutral approach.”

Cologix to acquire cloud gateway data center in Silicon Valley

Cologix entered into a definitive agreement with vXchnge to acquire a data center campus in the heart of Silicon Valley, the world’s second largest interconnection hub. The five-acre Santa Clara facility hosts 9MW of existing power, with room to expand by 10MW.

“This acquisition fits into Cologix’s cloud-first growth strategy by expanding our national footprint into the heart of the Silicon Valley, starting with an established interconnection hub,” said Bill Fathers, CEO, Cologix.

Linxdatacenter acquired by RDIF and ER Telecom

The Russian Direct Investment Fund (RDIF) – Russia’s sovereign wealth fund – has acquired a 100% stake in the Russian subsidiary of Linx Telecommunications with ER Telecom.

The deal includes the LinxCloud platform and two large data centers in Moscow and St Petersburg, which will provide the investment consortium with leading cloud storage and virtual data processing services, supporting more advanced cloud strategy and AI solutions.

Microsoft to acquire Nuance to enhance healthcare offering

Microsoft and Nuance have entered a definitive agreement worth $19.7 billion, whereby Microsoft will acquire the provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers.

This purchase aligns with Microsoft’s accelerated efforts to provide industry-specific cloud offerings for healthcare partners and customers in which they aim to “address the comprehensive needs of the rapidly transforming and growing healthcare industry.”

SUSTAINABLE INDUSTRY SOLUTIONS

Facebook embraces renewable energy solutions

Facebook signed a virtual power purchase agreement (VPPA) with Sunseap to buy energy from Singapore’s largest offshore floating solar farm in the Straits of Johor. This VPPA gives rise to a 5MWp project which will support Facebook’s operations in and around the region.

Later in the month, the social networking company also signed a deal to buy renewable energy in India from Mumbai-based CleanMax’s wind power project. According to the companies, CleanMax will own and operate the projects, while Facebook will buy the power off the grid.

Facebook also announced that as of 2020, their global operations were supported by 100% renewable energy and that it has reached net-zero emissions.

Iron Mountain extends renewable energy provision with 6MW DC expansion

Iron Mountain signed two leases with an existing Fortune 100 technology customer at its AZP-2 data center in Phoenix, Arizona. The facility is a hyperscale-ready data center powered by 100% renewable energy.

Earlier this year when we sat down with Iron Mountain’s Jim Henry, he said that the adoption of sustainable solutions was on the rise in North America, and this expansion certainly reflects the company’s vision for the region to eventually be “100% renewable, 100% of the time.”

ABB invests $4.5 million in hydrogen power provider AFC Energy

Provider of hydrogen power generation technologies, AFC Energy announced ABB’s £3.25 million (US$4.5 million) investment into the hydro company, and their agreement to work collaboratively in the data center market.

“Partnering with like-minded companies such as AFC Energy further supports ABB’s dedication to delivering cutting edge technologies to help data center customers meet their sustainability goals through a multi-fuel approach,” said Brian Johnson, Global Data Center Lead, ABB.

PayPal pursuing carbon neutrality by 2040

PayPal has recently pledged to become carbon neutral by 2040 in an effort to do their part in halving U.S. emissions – a goal set forth by the America Is All In movement.

PayPal’s CTO, Sri Shivananda, says that “We all must do our part when it comes to protecting the health of our planet, and this includes the need for corporations to take meaningful action.”

There’s no doubt that service providers will keep working together and implementing clean energy solutions to build a better future for people and organizations around the world. April 2021 has been a step in the right direction for this positive industry growth, which is bound to progress in the months to come.

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