“Element AI is one of the most significant acquisitions in ServiceNow’s history.”

At full buildout, the campus will have about five times Vantage’s current capacity in the market.

The company has been operating under forbearance from its creditors since the end of October.

An IPO would be a quick turnaround for EQT, which only completed its $2.5 billion acquisition of SUSE from Micro Focus in March last year.

The deal is similar to another acquisition in the region the company announced in September.

“We view this as a proxy bet on enormous growth of internet and data.”

Inphi makes semiconductor components and optical subsystems for data center and telco networking equipment.

“We’ve built a very strong execution capability... This is about what’s the next step for AMD.”

Africa’s largest fiber-network operator is planning to expand its data center unit in five of the continent’s fastest growing countries.

The $30 million investment ensures the partnership will extend DataBank’s reach to the “far-edge” US markets.