For your weekend reading, we present a recap of five noteworthy stories that appeared on Data Center Knowledge this past week.
Switch Plans Massive $1 Billion SUPERNAP Data Center in Reno - Few data center providers build bigger than Switch. This week the Las Vegas company unveiled plans for its largest project yet, a $1 billion, 3 million square foot SUPERNAP data center campus on 1,000 acres of land near Reno, Nevada.
Data Center Investment: Verne Raises $98M for Iceland Expansion - Verne Global, a U.K.-based data center developer with a massive data center campus on the site of a former NATO base in Iceland, has raised $98 million of equity funding in a Series D round.
Demand in Secondary Data Center Markets Spurs Birth of New Players - A lot of building and leasing activity continues to occur in core data center markets like Ashburn, Virginia, New York, and Santa Clara, California, but activity is also on the rise in smaller U.S. markets, in cities like Cleveland, Tampa Bay, Florida, and Pittsburgh, Pennsylvania.
Why Zayo is Paying $675M in Latisys Acquisition - It is the company’s first transaction done primarily to expand its data center business.
What the Bitcoin Shakeout Means for Data Center Providers - The fallout is being felt by data center operators who leased space to large mining operations, prompting one provider to sue a bitcoin customer for millions of dollars in unpaid hosting costs.