Acquisition sealed, T4 Group joins the fray with big Kiwi data centre plans
A newly-formed Southland business is targeting the hyper-active New Zealand data centre market.
A newly-formed Southland business is targeting the hyper-active New Zealand data centre market.
When Infratil bought 48 per cent of datacentre operator CDC in 2017 it paid $411.5 million for a company with 39MW of capacity and earnings of $50.4 million.
New Zealand infrastructure investor Infratil is doubling down on data centres, committing up to $254 million to buy 40 per cent of London data centre business Kao Data.
The thought of plunging a server rack into a vat of boiling liquid is likely to send most IT professionals into a fit of discomfort, yet this is exactly what Microsoft has been doing as it works to find new ways of keeping hardware cool.
Global investment in data centre infrastructure is expected to surge past US$26 billion by 2025, driven by rampant data creation and pent-up demand.