DXC Technology, the worlds leading independent, end-to-end IT services company, has expanded its presence in data center co-location services by entering a new deal with Credit Suisse (USA). DXC Technology signed a long-term 13-plus year managed co-location services agreement with Credit Suisse. The company will also acquire Credit Suisses New Jersey data center.Enterprises are looking to capitalize on their infrastructure assets while participating in the digital technology trends and opportunities that help drive better business outcomes. This partnership with Credit Suisse demonstrates DXCs position as a leading global data center co-location and managed services provider, aligns with our strategic growth objectives, and strengthens DXCs ability to help accelerate innovation for our clients, said H. C. Charles Diao, senior vice president of Finance and Corporate Development, DXC.DXC Technology is confident that the transaction expands its market presence to serve its enterprise clients. The deal will help the clients who need mission-critical infrastructure solutions with proximity to the New York metropolitan market, a major hub of operations for global financial institutions and other businesses.We chose DXC as our partner in this transaction due to its ability to customize a financial and outsourcing solution that best meets our needs and our long-term infrastructure requirements, said Andrew Federbusch, managing director and global head of Real Estate Workplace, Credit Suisse (USA), Inc. This partnership supports our strategy of enhancing efficiency, generating productivity improvements, and allowing greater operational and strategic flexibility in our future IT infrastructure needs.DXC Technology was formed by a merger between HPEs Enterprise Services Division and CSC. The company now boasts of having nearly 800 enterprise and government clients with managed data center services, business recovery services, and co-location services across 43 owned and leased sites globally. The company also has over 250 managed co-lo locations. Credit Suisse (USA) Inc. is a US subsidiary of Credit Suisse AG, which is is one of the worlds leading financial services providers.

Facebook confirms its fifth data center in Altoona, Iowa. According to the Des Moines Register,Facebook plans to invest $400 million in the nearly 1 million-square-foot building. The deal between the company and the city of Altoona has agreed to waive property taxes for Facebook for 20 years.The plan is known as Project Sequelant in city documents. The new H-shaped building will be on a site close to the companys other million-square-foot building, which is under construction. The site currently has four data centers, each offering between 476,000 square feet and 1,000,000 square feet of space. Another two data centers are under construction.As per reports, even though there is tax exemption, the company will actually pay the equivalent of 60 percent of those taxes. Facebook will agree to pay the city $3 per square foot per year during that 20 years once it finishes the project and moves into the building. Based on the pay-per-square-foot plan, Facebook will have to pay around $3 million a year for the next 20 years.Also, Facebook will contribute to the improvement of the water infrastructure. The company will make the payment for the construction of a new $500,000 pump station that will boost the water pressure for the data center, the Outlets of Des Moines, Bass Pro Shops and other undeveloped lands.Various reports suggest that the Altoona City Council unanimously approved the development agreement. The terms of the deal were made public last week after the Altoona City Council meeting. These terms will remain the same for any future development by Facebook within the 20-year period.The social media giant first expressed its interest in building a data center in Altoona in 2013. The company has so far invested nearly $1.5 billion to develop the site, expanding its footprint to 2.5 million square feet of building space.

Equinix, the global interconnection and data center company, continues its expansion of data center footprint in Amsterdam. The company bought Switch Datacenters AMS1 data center business in Amsterdam, Netherlands, in an all-cash transaction for 30 million ($34 million). The agreement was signed on April 16, 2019, and the acquisition was completed on April 18, 2019. The new facility will help meet the growing demand for digital infrastructure connectivity in the Amsterdam and broader European markets, as businesses continue to build out their digital edge strategies. The company will rename the facility as Equinix AM11 International Business Exchange (IBX) data center. It will become a part of its southeast Amsterdam data center campus. Equinixs existing campus in southeast Amsterdam includes AM1, AM2, AM5, and AM7.According to the company, the new Amsterdam center will be tethered to Equinixs AM7 data center. This will enable customers to easily interconnect with the worlds largest business ecosystems available on Platform Equinix for maximum collaboration across digital supply chains.Amsterdam is a key interconnection point for Europe, with leading enterprises and cloud service providers making it a primary hub for IT infrastructure, said Eugene Bergen, president of EMEA, Equinix. Adding interconnection capacity in this market enables local and international customers to leverage Platform Equinix to meet their changing business needs. Whether that is to connect to networks, clouds, or content and digital media providers, Equinix is the place to be.The AMS1 building is leased. The data center adds approximately 250 cabinets of sold capacity and a total capacity for approximately 700 additional cabinets once the facility is completely built out. The company informed that the site could also support the potential to expand into an adjacent building to accommodate future growth and approximately 1,300 additional cabinets.AM11 becomes the 11th Equinix IBX data center in the Netherlands and the ninth Equinix IBX located in Amsterdam. Equinixs Netherlands IBX data centers are business hubs to more than 1,125 companies that connect to business partners and customers across their digital supply chains. Globally, Equinix has 200 IBX data centers in 52 markets.