CapRE’s Data Center Industry Round Up for March 12
Mar 12, 2018
by Josh Anderson
by Josh Anderson
Check out the latest in deals, development and disruptive technology in the data center space for March 12, 2018:
- Atlanta Could Finally Become Tier I Market with New Tax Breaks: Lawmakers in the Georgia House of Representatives have passed legislation to waive sales taxes on power and computer infrastructure for data centers that spend at least $250 Million USD over a decade on such acquisitions. House Bill 696 will now be considered by the State Senate. Industry and regional experts say this may be the force that finally transforms metropolitan Atlanta into a true Tier I data center market. Georgia Representative Trey Kelley, R-Cedartown, was the Chief Sponsor of House Bill 696.
- Intel May Acquire Broadcom: Intel’s stocks soared late last week following reports that Intel was considering an acquisition of Broadcom. Reports say that Intel has become especially interested in Broadcom thanks to its desire to purchase Qualcomm — a combination that would perhaps be too competitive for Intel’s liking. Most recently, Broadcom offered $121 Billion USD to acquire the firm, but this was rejected. Intel is also considering a handful of other acquisitions in its bid to stay competitive. Broadcom is valued at $93.3 Billion USD.
- Point One Holdings Set to Receive Long-Awaited Approval for Remington Technology Park: After much discussion and some delay, Canadian real estate firm Point One Holdings Inc. is expected to obtain approval for rezoning 234 acres of land in Fauquier, Virginia for its first data center campus, to be dubbed the Remington Technology Park. The parcel was originally supposed to be used for 199 residential lots. Point One hopes to build six buildings, each from 240,000 to 310,000 square feet — the park will include a total of 1.5 million to 1.8 million square feet to be built over 5-7 years and have capacity of 300 megawatts.
- Microsoft Hones Focus to Turkey: Microsoft will commence a new focus of its cloud computing on Turkey, according to statements by Murat Kansu, head of Microsoft Turkey. “We give the highest priority to cloud computing due to the advancing technology. We believe that cloud computing is the technology of the future,” said Kansu to Turkish outlet Anadolu Agency last week. “Microsoft is one of the leading companies in cloud computing, and we’re doing our best to make it widespread in Turkey.” Kansu also cautioned that his country need a national strategy to benefit from the digital revolution already underway.
- ZincFive to Launch a Modular UPS: Startup ZincFive will release a modular UPS platform for data center computers using batteries that employ nickel-zinc technology. ZincFive says nickel-zinc is more efficient and safer than lithium-ion. These batteries are guaranteed for the life of the UPS, do not require periodic maintenance, and have been engineered to support a wide range of operating temperatures. According to NetworkWorld, “ZincFive’s product is a three-phase system with capacity upgrades in 6kW increments up to a total of 48kW per cabinet.”