Latin America

Equinix is buying at least three data centers from Entel, the regional telecommunications provider.

The developer is going after cloud providers with large data center needs in the top markets in the Americas.

IBM continues to add new locations to its cloud as it aims to differentiate against rivals with capabilities including quantum computing.

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.

If the deal happens, Equinix plans to use the assets as a platform for aggressive expansion in Latin America's second-largest economy.

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Multinational private equity giant teams up with SDC Capital on investment of undisclosed size