Tag: data centres

CenturyLink, data centres and a rather intriguing deal

Written by Guest Writer on November 10, 2016 in Guest Blog with 0 Comments

As part of its $34bn acquisition by Level 3 Communications, US telco CenturyLink is offloading 57 data centers to a consortium of private equity firms for around $2.15bn. This consortium, led by BC Partners and Medina Capital, have also announced their acquisition of Brainspace, a machine-learning and analytics outfit from Texas, and plan to combine […]

Iceland’s excess energy attracts power-hungry data centres

Written by Reuters on September 4, 2015 in Features with 0 Comments

COPENHAGEN (Reuters) – As it emerges from financial isolation, Iceland is trying to make a name for itself again, this time in the business of data centres — warehouses that consume enormous amounts of energy to store the information of 3.2 billion internet users. The island has long been associated with hi-tech trends such as […]