CHICAGO – GEM Realty Capital (GEM) has agreed to sell its equity investment in Aligned Data Centers as part of a $40 billion acquisition by a consortium led by Artificial Intelligence Infrastructure Partnership (AIP), MGX Fund Management Limited (MGX), and BlackRock’s Global Infrastructure Partners (GIP), the firm announced on Thursday. The transaction, one of the…
OSLO: Magnora ASA has entered the Norwegian data centre market through the acquisition of a majority stake in Storespeed AS, a Norwegian data centre operator, in partnership with Blix Group AS owner of Blix Solutions AS, a sustainable Norwegian data center operator. The investment marks Magnora’s entry into the rapidly expanding data centre industry, driven…
ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase of its 300-megawatt renewable infrastructure pipeline in the United Arab Emirates. Construction has begun on the first 8 MW of capacity, with completion targeted for January 2026. AEG…
LONDON: Ikigai Ventures Limited (LSE: IKIV), a special purpose acquisition company targeting high-growth, scalable businesses, said Thursday it has entered into conditional, non-binding heads of terms to acquire Dotlines Global Plc and Audra Solutions Limited for approximately £67 million. The proposed acquisition, subject to due diligence and execution of definitive agreements, will be satisfied through…
AQABA: NaiTel, the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have completed the laying of the Coral Bridge subsea cable, the first direct digital link between Egypt and Jordan in more than 25 years. The 15-kilometer express cable, equipped with 48 fiber pairs, connects Taba, Egypt, to Aqaba, Jordan, across the Gulf…
Blackstone Inc (NYSE: BX) said on Monday it will invest more than $25 billion through its infrastructure and real estate funds to expand Pennsylvania’s digital and energy infrastructure, a move expected to spur an additional $60 billion in third-party investment across the state. The private equity giant aims to transform the Commonwealth into a strategic…
SYDNEY: Codeifai Ltd. (ASX: CDE), a leading provider of AI-powered digital brand solutions, announced Monday it has entered into a binding agreement to acquire the QuantumAI Secure platform from Canadian fintech firm Credissential Inc. as part of a bold expansion into post-quantum security and encrypted digital infrastructure. The acquisition, expected to close August 29 pending…
LUXEMBOURG: WebPros, a global leader in web automation and operations software, announced Tuesday the acquisition of Comet Backup, a provider of cloud backup solutions for managed IT services. Financial terms were not disclosed. The deal strengthens WebPros’ portfolio of tools for website management, which already includes platforms like cPanel, Plesk and WHMCS. The company powers…
At HUAWEI CONNECT 2021, Huawei unveiled breakthrough innovations in several different domains, providing a first look at its comprehensive digital infrastructure range. Several of these innovations are completely new, and have never been seen before outside of Huawei’s labs. The release highlighted how these products and solutions are set to shape digital infrastructure for the…
AMSTELVEEN, NETHERLANDS: Univé has extended its agreement for the management of its digital infrastructure with Atos International for five years in support of the digital transformation of Univé, including transition to a new hybrid cloud platform, a news release said. Atos International has worked in partnership with Univé, a leading Dutch home and motor insurance provider, since 2009 and…
SINGAPORE: Singapore Exchange (SGX) and Temasek announced that the digital assets joint venture (JV) –Marketnode – has partnered with Covalent Capital to build Asia Pacific’s first, end-to-end digital infrastructure in the fixed income space. This latest development follows the JV announcement by SGX and Temasek on 22 January. As part of the partnership, Marketnode will…