Top Five Data Center Stories: Week of May 12

Here are the top stories that appeared on Data Center Knowledge this week

2 Min Read
Top Five Data Center Stories: Week of May 12
Inside a former CenturyLink data center, now owned by Cyxtera (Photo: CenturyLink)

Here are the top stories that appeared on Data Center Knowledge this week:

Cyxtera Puts a Fresh Spin on CenturyLink’s Former Data Center Empire - Private equity firms Medina Capital and BC Partners closed the $2.15 billion acquisition of CenturyLink data centers last week and in parallel announced the launch of Cyxtera, transferring control of the data center portfolio and the four Medina-owned security and analytics companies to the new firm. Total value of the assets is $2.8 billion.

New Owners Pushing Vertiv to “Act Like a Startup” - Since it bought the troubled Emerson Network Power unit – Emerson CEO said after making the decision to sell it that building Network Power was not an accomplishment he would “put on his tombstone” – investor Platinum Equity has been pushing the Vertiv team to think outside the box.

Massive, Six-Story Data Center in a Norwegian Mine Comes Online - An abandoned mine-turned data center in Norway officially opened this week, its owner claiming that it is “the largest green data center in Europe.” Its first two tenants are IBM and the German industrial conglomerate Friedhelm LOH Group.

Furious Land War Erupts Outside CME Data Center - It’s the latest, and perhaps boldest, salvo in an escalating war that’s being waged to stay competitive in the high-speed trading business. The war is one of proximity — to see who can get data in and out of CME the quickest.

Google Launches Its First Cloud Data Centers in AWS’s Virginia Backyard - Northern Virginia has seen the snowball effect of data centers’ clustering tendencies play out more than most other regions around the world.

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