Category: Capital Markets

LAS VEGAS, NV — Pegasus Group Holdings, a technology infrastructure company specializing in renewable energy projects, today announced the acquisition of Plus Minus Power, a leader in renewable energy operations. Plus Minus Power provides a range of services that create, manage, maintain and monetize products that focus on reducing grid dependency and maximizing renewable energy self-consumption. Plus […] more

ARMONK, NY and RALEIGH, NC — IBM and Red Hat have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion. The acquisition redefines the cloud market for business. Red Hat’s open hybrid cloud technologies are now paired with the […] more

MOUNTAIN VIEW, CA — Google Cloud has announced via a blogpost that it has entered into a definitive agreement to acquire Elastifile, a provider of scalable, enterprise file storage for the cloud. The acquisition of Elastifile is expected to be completed later this year and is subject to customary closing conditions, including the receipt of […] more

TOKYO, JAPAN — NTT DATA has acquired small capital stake in CloudHedge Technologies Private Limited based in Pune, India. CloudHedge Technologies develops and sells technologies and knowhow for the containerization of applications and DevOps processes. Going forward, CloudHedge’s advanced technologies will be integrated with NTT DATA’s digitalization technologies, focusing on legacy digital integration utilizing existing […] more

HOBOKEN, NJ — CAPRE’s International Data Center Series has learned legendary data center broker, Allen Tucker, announced his resignation from Jones Lang LaSalle. In a LinkedIn post earlier today, Tucker said he’s resigning after 19 years with JLL, one of the largest commercial real estate brokers in the nation with a strong global footprint. The […] more