Business

From M&A deals, business strategy, startup funding, and regulation to company stocks, stay informed on the latest in the world of data center business.

Highlights

Chinese Data Center Provider ChinData Picks Banks for $500M IPO

Jan 16, 2020

Bain invested in Beijing-based ChinData last year and merged it with existing portfolio company Bridge Data Centres to form a pan-Asian...

Microsoft Pushes Cloud Services to Retailers Anxious to Avoid Amazon

Jan 15, 2020

Retail customers are key to Microsoft's competition with Amazon and Salesforce.

Amazon to Seek Order Blocking Microsoft From Work on US Contract

Jan 14, 2020

Says it's planning to ask a judge to block Microsoft from starting any work on the $10 billion contract until...

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Equinix to Buy Key Edge Computing Startup Packet

Jan 14, 2020

The deal would add an edge data center element to the world’s largest colo platform.

Amazon Names New Head of Sales for Key Cloud Division

Jan 13, 2020

Matt Garman, a longtime AWS engineering exec, will now oversee the cloud unit’s sales and marketing teams and report to Andy Jassy.

Data Center Provider CyrusOne Cuts 12 Percent of Its Workforce

Jan 13, 2020

The company says it’s cutting costs in response to slow hyperscaler demand.

Macquarie Agrees to Buy A$3 Billion Data Center Firm AirTrunk

Jan 10, 2020

AirTrunk CEO Robin Khuda will keep a minority stake after the transaction, people with knowledge of the matter said.

Insight Partners Buying Data Center Backup Firm Veeam for $5B

Jan 09, 2020

The Swiss startup will become a US company. Its co-founders are stepping down from the board.

Trade-War Lull, Data Center Orders Spur Chip-Price Comeback, Boost Samsung

Jan 08, 2020

The South Korean tech giant's recent quarterly earnings beat estimates after memory chip prices began to climb out of a...