CapRE’s Data Center Industry Round Up for June 6
Check out the latest in deals, development and disruptive technology in the data center space for June 6, 2018:
- Root Data Center Grows MTL-R2 Facility in Montreal: Root Data Center extended its Montreal-based MTL-R2 facility by adding an additional 6MW of capacity. The company said it constructed two new data halls due to the increased demand of major cloud providers and multinational companies seeking colocation services in Montréal, Canada. The first of the new data halls at Root’s MTL-R2 facility is under construction and the company penned agreements to deliver the majority of the available power capacity, indicating the long-term commitment of its customers and Root’s long-term commitment to the region. The deployment of the first of the two new data halls at Root’s MTL-R2 facility is expected to be finished by June, with the second following by late summer.
- Print and Digital Company Mimeo Departs Newark, Naming High Taxes: Mimeo, a print and digital distribution document company, will close its Newark operations and 116 jobs will be gone, citing state taxes as the primary concern. John Delbridge, Mimeo’s CEO, told the Star Ledger, the 75,000-square-foot production facility and data center shuts July 7, adding a lack of tax incentives were unavailable. With other cities like Memphis offering as much as 15-year tax breaks, a change was almost inevitable. Mimeo’s departure from the city happens while politicians try to bring Amazon’s second headquarters to Newark. Politicians have advocated for generous tax breaks to guarantee that Newark wins the bid.
- World’s Largest Digital Currency Data Center Starts Operations: Coinmint, a firm utilizing data servers to process digital currency transactions, began operations through its wholly owned subsidiary, North Country Data Center Corporation. The company’s blockchain infrastructure services several prominent digital currencies including Bitcoin, Dash and Ethereum. The 1300-acre, 435-megawatt site in Massena, New York, sustains the largest capacity from a digital currency data center in the world. In addition to the $50+ million USD of investment to date, the company will invest up to $700 million USD in its new site, creating an estimated 150 plus jobs over the next 18 months.
- PacketFabric Extends its Software-Defined Network Across the Atlantic: PacketFabric has built a greenfield software-defined network in the United States and now, the company said it extended that network to an Equinix business exchange in London. The Equinix LD6 IBX is the first data center outside of the United States to be added to the PacketFabric network. Jezzibell Gilmore, SVP of business development and co-founder of PacketFabric, said, “NantWorks is not our primary customer, but they are still our sole investor. We have ramped up to well over 100 customers today. We are very focused on providing services to all types of businesses.”
- New Aruba Hypercloud Data Center Poised to Begin First Ecological Network in Italy: Aruba S.p.A., a leader in data center, cloud, web hosting, email, certified email (PEC) and domain registration services, publicized the construction of its new Hyper Cloud Data Center in Rome in a press conference. The new data center in Rome (called IT4) will help Aruba consolidate its position as an enterprise level IT service provider, thanks to its unique network of existing data centers spread across the Italian peninsula. It will offer US and international corporations a foundation for their IT infrastructure in Italy. The new data center will be built in the Tecnopolo Tiburtino area in Rome and is planned to be completed by Spring 2020.