Kingsoft Cloud is reportedly the third biggest cloud services provider in China by revenue.

The unit business makes software that allows customers to communicate via phone or text on different carrier networks and processes related payments.

At least three fiber-optic network operators are pushing ahead with divestments in Europe.

The assets, from the UOL Diveo unit of Folha, will form a new Sao Paulo-based data center platform led by former IBM executive Marcos Peigo.

The San Francisco-based REIT becomes the second-largest data center provider in Europe.

The colocation giant’s platform-building endeavor enters a whole new phase.

The REIT has been reshaping its business as it pivots toward digital real estate assets such as data centers.

The deal bolsters VMware’s position in the growing SD-WAN market and helps its push into AIOps.

The tech giant is offloading an asset that has had trouble competing with more modern rivals such as Okta.

If all goes to plan, the data center giant will soon own nearly 100 percent of Seattle’s Westin Building Exchange.