For your weekend reading, here’s a recap of five noteworthy stories that appeared on Data Center Knowledge this past week. Enjoy!
Fidelity Announces $200 Million Data Center in Nebraska - Fidelity Investments has chosen Papillion, Nebraska as the site of a $200 million data center, the company said today. The financial services giant, best known as a prominent provider of mutual funds, was revealed today as the mystery company behind the secretive Project Photon initiative.
IO Gets $90 Million to Advance Modular Data Centers - Modular data center specialist IO has raised $90 million in equity funding from a group led by New World Ventures, an investment arm of the Pritzker family, the company said today. The investment round includes $50 million from New World and $40 million from IO’s existing backers, which include Sterling Partners and J.P. Morgan Asset Management.
3M Demos New Immersion Cooling Technique - At last week’s Data Center World conference, 3M demonstrated a data center cooling concept called “open bath immersion cooling,” which it says is simpler and less expensive to implement than other pumped liquid cooling techniques. The system is an example of passive two-phase cooling, which uses a boiling liquid to remove heat from a surface and then condenses the liquid for reuse, all without a pump.
Calxeda Lines up $55 Million for ARM Servers - ARM server specialist Calxeda has announced a $55 million round of additional funding led by Austin Ventures and Vulcan Capital, with participation by the firm’s existing investors. Calxeda says it will use the funding to accelerate its quest to bring the low-power computing seen in popular mobile devices to the web server market. The company’s processors are based on technology from ARM Holdings, which has long been used in the iPhone and iPad.
T5 Heads for Oregon With New Facility in Hillsboro - Oregon’s data center boom continues. T5 Data Centers is the latest data center developer to pursue a major facility in the state. The Atlanta-based company has acquired a 15-acre parcel of land in Hillsboro, Oregon and is finalizing design for construction of a 200,000 square foot wholesale data center.
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