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September 25-26, 2024 The Wynn Las Vegas, NV More information

M&A, APAC, LatAm, Canada, hyperscale, cloud sustainability

  • September 25, 2023
  • Analyst: Philbert Shih

It was another busy week across the sector, with significant data centre developments across the Americas, M&A in APAC, and some interesting cloud developments and partnerships around edge computing.

AI continues to push demand forward and privately held DataBank shared some some data points about its recent progress. It has been performing ahead of its plan and AI has been a significant contributing factor. Meanwhile, Compass Data Centers is set to enter ChicagoSabey Data Centers is planning a new data centre in Oregon and STACK Infrastructure opened its new Toronto facility. There was also some activity in South America. CloudHQ has been approved for a campus in Mexico and KIO Networks opened its first data centre in Bogota. And in APAC, Colt DCS brought online its first data centre in India.

It was a relatively quiet week on the strategic side, but there were two notable transactions in global markets. KKR acquired a significant minority stake in Singtel’s regional data centre business focused on ASEAN and AustralianSuper acquired a minority stake in Vantage Data Centers EMEA.

On the cloud side, there were some interesting developments. OVHcloud released a carbon calculator and StackPath partnered up with Google Cloud for edge computing scenarios. Google Cloud is using StackPath to help customers get closer to end users with lightweight infrastructure and in support of Kubernetes. Cloud continues to be gain momentum, but there is movement in other directions. SaaS provider 37Signals started a move off cloud last year and shared some useful data points about its progress.

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