M&A, earnings, energy, SMB, webscale, data centre, data centres, connectivity, GPU
Another busy week saw more from earnings season, M&A activity in the global data centre colocation space and more GPU cloud expansions.
As the sector continues to evolve, the range of relevant companies continues to widen. Energy companies are increasingly disclosing data points on data centre demand and this past week, we took a closer look at some data points coming from American Electric Power. AEP is seeing significant demand signals from hyperscale and data centre operators that speak to the current state of demand. Meanwhile, Digital Realty reported its results, which saw more leasing momentum. And on the cloud side, DigitalOcean showed some growth acceleration, while GoDaddy and IONOS showed more modest growth levels. DigitalOcean is also revamping its data centre colocation strategy as it looks to optimize its operations and prepare for the demand in AI that is coming.
There was notable M&A activity in the data centre space. Princeton Digital Group in Singapore acquired Yahoo’s data centre in highly constrained Singapore, while connectivity-centric assets continue to see strong interest, as RadiusDC added a second asset to its portfolio in Miami. Elsewhere, TierPoint acquired a building for a new data centre in St. Louis and Pure DC bought land in Madrid, Spain.
GPU clouds continues to grow and search for capacity. CoreWeave exercised another option for more capacity with Core Scientific, bringing its commitment to well over 300MW.
Finally, we had more shuffling in executive circles. Cologix hired a senior executive to focus on energy, a move we should expect to see more operators follow, while KAO Data added two more new people to its senior management team.
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