Iliad in Advanced Negotiations for $860 Million Data Center Unit Acquisition

Iliad in Advanced Negotiations for $860 Million Data Center Unit Acquisition
20 days ago

In a significant move that underscores the growing importance of data infrastructure, Iliad, the French telecommunications giant founded by billionaire Xavier Niel, is in advanced discussions to acquire a data center unit valued at approximately $860 million. This potential acquisition reflects a strategic pivot for Iliad as it seeks to bolster its position in the burgeoning digital services market.

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Global Switch Explores Potential $2 Billion Sale of UK Unit Amid Robust Demand for Data Centers

Global Switch Explores Potential $2 Billion Sale of UK Unit Amid Robust Demand for Data Centers
2 months ago

In a significant development for the tech infrastructure industry, Global Switch is reportedly in discussions to sell its UK unit, with an estimated valuation hovering around $2 billion. This potential sale underscores the escalating demand for data center infrastructure, a sector that has experienced remarkable growth in recent years as businesses increasingly rely on cloud services and data management solutions.

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