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WHTop → 📋 News → Equinix Forms $15B Joint Venture to Expand xScale Facilities in the U.S.
Equinix Forms $15B Joint Venture to Expand xScale Facilities in [...]
Equinix Forms $15B Joint Venture to Expand xScale Facilities in the U.S.
📅 - Equinix has announced a significant joint venture (JV) agreement with GIC and CPP Investments, aiming to raise over $15 billion in capital to expand its xScale hyperscale data center portfolio. This new initiative is expected to dramatically scaleEquinix's data center capacity to support hyperscale companies, such as major cloud service providers, and to meet the growing demand driven by advancements in artificial intelligence (AI) and cloud computing.
The deal is structured as a limited liability partnership, with Equinix holding a 25% equity stake and GIC and CPP Investments each controlling 37.5%. The agreement is subject to regulatory approvals, anticipated to be completed by the [...][... Check source for end of article ...]
Tags: Data Center
Reads: 224 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: URL source: https://hostingjournalist.com/news/equinix-forms-15b-joint-venture-to-expand-xscale-facilities-in-the-u-s
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📅 - Equinix has announced a significant joint venture (JV) agreement with GIC and CPP Investments, aiming to raise over $15 billion in capital to expand its xScale hyperscale data center portfolio. This new initiative is expected to dramatically scaleEquinix's data center capacity to support hyperscale companies, such as major cloud service providers, and to meet the growing demand driven by advancements in artificial intelligence (AI) and cloud computing.
Reads: 224 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: