If Hynix gets signoffs from the remaining governments, it will cement its position as the largest Nand producer after Samsung.

Transaction with the Singapore money manager could value the assets at $8 billion to $10 billion.

Colocation sites in Houston and Austin will give Switch its first footprint in the strategically important Central US region.

The deal follows last year's RSA spinoff and last month's decision to spin off Dell's stake in VMware.

An EQT partner said the exit is one of the firm’s largest ever from a fiber investment, without disclosing the returns.

“We want to support our thriving UK tech industry and welcome foreign investment, but it is appropriate that we properly consider the national security implications of a transaction like this.”

The speech-recognition pioneer's technology is aimed at helping doctors predict patients’ needs and upgrading hospitals’ digital record-keeping.

Prospective suitors are said to include other telecom companies and private equity firms.

eStruxture's acquisition of eight Aptum facilities is the latest of multiple Canada-focused data center deals in recent years.

Its revenue has grown over the past three years while losses have held relatively steady.