CAPRE’s Data Center Industry Round Up for May 6

Check out the latest in deals, development and disruptive technology in the data center space for May 6, 2019: Mid-Atlantic Broadband and Microsoft to Build SOVA Innovation Hub: Mid-Atlantic Broadband Communities and Microsoft have announced a partnership to build the SOVA Innovation Hub in Southern Virginia. MBC will invest over $5 million to build the SOVA Innovation Hub, which will be located in downtown South Boston, Va., to help meet its growing need for office space. Microsoft, through its TechSpark initiative, will use the space to encourage innovation and spur economic opportunities in the region. The facility will also bring together local nonprofit organizations from throughout Southern Virginia to offer impactful programming for digital skills education and workforce training. CyrusOne Sells GDS Shares to Raise $200 Million USD: CyrusOne has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) for a total purchase price of approximately $200 Million USD. CyrusOne will continue to hold approximately 2.3 million ADSs, valued at approximately $90 Million USD, based on the GDS closing price on April 11, with the remaining shares being subject to a six-month lock up. The commercial agreement between CyrusOne and GDS will remain in place, and Gary Wojtaszek, CyrusOne’s President and Chief Executive Officer, remains a member of the GDS Board of Directors. AWS Launches Managed Blockchain Service: Amazon Web Services announced a managed blockchain service that lets you quickly create and manage a scalable blockchain…