Netskope IPO Soars as $8.8B Cybersecurity Firm Highlights Growth
📅 - Cybersecurity company Netskope has made a strong entrance to public markets, with its shares climbing sharply after debuting on Nasdaq. Trading under the ticker NTSK, the stock closed its first day at $22.42, about 18% above its initial public offering price of $19 per share.
Momentum continued into Friday, with shares moving around $24, valuing the company at roughly $8.8 billion. Netskope raised more than $908 million in the deal by selling 47.8 million shares at the top end of its expected range.
Chief Executive Sanjay Beri told Yahoo! Finance that going public should strengthen Netskope's reputation and boost awareness with enterprise customers. The company enters the market in a [...][... Check source for end of article ...]
📅 - Cologix Expands Toronto Presence with TOR4 Buyout and TOR5 Deal - Cologix is strengthening its position in the Canadian data center market with a pair of acquisitions in Toronto, underscoring growing demand for digital infrastructure in one of North America's most competitive technology hubs.
The Denver-based colocation and interconnection provider confirmed it has taken full ownership of TOR4, a hyperscale facility located in Markham, Ontario, by purchasing CIM Group's stake in the asset. The deal ends a joint venture between the two companies that was established to build and operate the site. Financial terms were not disclosed.
At the same time, Cologix is acquiring another CIM Group property, the 105 Clegg Road data center - known as TOR5 - also [...]
[September 15, 2025] – INTROSERV, a trusted global hosting provider, has officially removed setup fees on most Bare Metal server configurations. From now on, customers can launch powerful dedicated infrastructure with no setup fee, enjoying instant access, predictable pricing, and enterprise-grade reliability.
For many businesses, Bare Metal servers are the backbone of IT operations, delivering exceptional performance, stability, and full control over infrastructure. Yet, for years, upfront setup fees have been a barrier, particularly for startups, SMBs, and fast-growing teams [...]
📅 - IonQ, U.S. Department of Energy Partner to Advance Quantum in Space - IonQ has signed a memorandum of understanding with the U.S. Department of Energy to advance quantum technologies for space applications, highlighting both the rising importance of secure quantum communication and the federal government's growing investment in orbital infrastructure.
The agreement is tied to the DOE's Quantum in Space initiative, which aims to expand the role of quantum computing, networking, and sensing in orbit. Under the memorandum, IonQ will design and carry out an orbital demonstration of quantum-secure communications using its satellite platform. The company and the DOE will also explore potential applications in alternate positioning, navigation, and timing systems, [...]
📅 - NVIDIA Invests $5B in Intel as Trump Boosts U.S. Chip Strategy - NVIDIA is set to invest $5 billion in Intel, a move that will make the AI chip leader one of the struggling semiconductor giant's largest shareholders. The deal, which gives NVIDIA ownership of nearly 4% of Intel, was announced shortly after the U.S. government confirmed its own plans to take a 10% stake in Intel.
The announcement follows heightened attention from the Trump administration on the semiconductor sector. In late August, Washington described its investment in Intel as a "historic" step to strengthen U.S. leadership in chip manufacturing and reduce reliance on foreign supply chains. President Donald Trump had previously targeted Intel with criticism, questioning the company's [...]
📅 - Microsoft Boosts Wisconsin AI Data Center Investment to $7 Billion - Microsoft has announced plans to invest an additional $4 billion in Wisconsin, bringing its total commitment to data center development in the state to $7 billion. The move underscores the escalating demand for advanced computing infrastructure as artificial intelligence workloads accelerate and global cloud providers race to expand capacity.
The new investment will fund construction of a second data center complex in Mount Pleasant, a town already home to Microsoft's first facility in the state. The initial $3.3 billion project is scheduled to come online in early 2026 and will house hundreds of thousands of NVIDIA Blackwell GB200 graphics processing units designed specifically to train [...]
📅 - NorthC to Build Sustainable AI-Focused Data Center at uptownBasel - NorthC is expanding its presence in Switzerland with the development of a new data center at the Innovation Campus uptownBasel in Arlesheim. The agreement, announced this week, marks a significant deepening of the company's existing partnership with uptownBasel and reflects the growing demand for infrastructure tailored to advanced technologies such as artificial intelligence, quantum computing, diagnostics, and personalised medicine.
The facility, expected to be operational by mid-2027, will begin construction around 18 months after the required permits are secured. It represents an extension of NorthC's decade-long collaboration with the innovation campus, which has positioned itself as [...]
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