NEWS
Aruba formalises its GAIA-X status as a Day-1 Member
Officially presented at the Digital Summit 2019 , GAIA-X was formed with the intention of creating an interoperable and secure cloud infrastructure , based on compliance with European standards and regulations . It helps to create a free and transparent data environment , in which the potential for vendor lock-in is eliminated , and encourage competition between cloud solution providers , providing the highest level of certification with the guarantee of the full protection of the European law .
Aruba S . p . A ., one of the largest Italian cloud providers and a leader in data centre services , web hosting , email , PEC and domain registration , formalises its status as a Day – 1 Member of the GAIA-X project . With the aim of making a strong contribution to the development of a secure , reliable and certified network infrastructure for sharing and accessing data across Europe , the GAIA-X project is a step towards enabling a cloud offering based on European values .
GAIA-X , due to be launched as early as this year , acts as a legal entity supported by the European Commission according to the standards set out by its members . It is a project open to all countries that decide to contribute to its growth and join in as members , with the goal to provide European companies with a secure cloud network , using standards guaranteed by the European institutional system .
Vantage Data Centers and Digital Colony team up for US $ 1.25 billion capital raise
Vantage Data Centers , a leading global provider of hyperscale data centre campuses , has announced that it has raised US $ 1.25 billion in incremental equity capital from its existing investors , led by Digital Colony . This funding will be used to fuel ongoing expansion and development across North America and Europe .
“ Hyperscale data centre market demand remains strong , and this capital raise will allow Vantage to accelerate its global expansion of sustainable , large-scale campuses ,” said Sharif Metwalli , CFO , Vantage Data Centers .
“ This capital raise demonstrates our investors ’ continued commitment to Vantage ’ s strategic growth plan .”
“ The Vantage team continues to do an amazing job supporting the growth of its hyperscale customers as they expand in North America and increasingly throughout
Europe ,” said Marc Ganzi , President and CEO of Colony Capital and Digital Colony .
“ Supporting the strategic development and financing of our partner companies is a key pillar of Digital Colony ’ s alpha-creation strategies , so we ’ re thrilled to be a part of Vantage ’ s next big step forward .”
Vantage has continued its strong trajectory in the second half of 2020 by reaching new milestones around funding and development . The company recently opened its flagship European campus in Frankfurt , Germany , with the completion of the first phase of what will be a three-building campus delivering 55MW of critical IT capacity once fully developed .
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