Equinix Financial News

05.07 / 21:05
COST UPS Citi Software Equinix ‘It Can Be a Bit Polarizing’—Finance Chiefs Weigh Return-to-Office
The return-to-office discussion has upended the workplace. Sparsely populated workplaces are affecting corporate cultures and workers’ ambitions, bosses say, leading some to step up their return-to-office mandates. Rank-and-file workers, meanwhile, are reluctant to give up the flexibility gained during the pandemic, with long commutes, caregiving duties and high costs among the motivators keeping them at home, at least some of the time, they say.
01.10 / 15:01
markets UPS Citi wellness Equinix CPP investment board in $15-billion joint venture to develop data centres
Equinix Inc. formed a joint venture with Canada Pension Plan Investment Board and Singapore’s GIC Pte to develop new data centres.
20.09 / 10:49
COST UPS Citi Provident wellness President Equinix Low-slung data centers look to the sky
Subscribe to enjoy similar stories. Data centers’ squat, industrial aesthetic is getting a vertical and visual upgrade, driven by artificial intelligence-fueled demands for computing power, as well as geographic necessity. A movement of data centers from the boonies to the burgs has led operators to reconsider the windowless, prison-like look that has defined data-center design for decades, resulting in projects more pleasing to the eye from street level.
09.05 / 20:47
markets UPS Trade Equinix reports Investigations Airbnb, Topgolf Callaway fall; AppLovin, Cheesecake Factory rise, Thursday, 5/9/2024
Stocks that traded heavily or had substantial price changes on Thursday: Airbnb, Topgolf Callaway fall; AppLovin, Cheesecake Factory rise
21.02 / 19:55
markets UPS Digital Enterprise Trade Equinix reports Singapore’s GIC, DigitalBridge, ADIA, Stonepeak, Permira, among others tapped for Carlyle’s 24% in Nxtra
ADIA, Stonepeak, DigitalBridge, KKR and Permira are among those tapped to acquire US buyout group Carlyle’s 24.04% stake in Bharti Airtel’s data centre arm, Nxtra Data Ltd (NDL), people aware of the matter said. The Carlyle Group, among the world’s largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtel’s data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said. Bharti Airtel owns 75.96% of Nxtra Data, a leading player in India’s data centre industry. Airtel has first right of refusal on the stake but is reckoned to have waived it, said the people cited.

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