NEWS
Southern Cross NEXT landing at HMB IX facility in Hermosa Beach
NEWS ndependent submarine capacity
I provider , Pacific Carriage Limited ( PCL ), owner of the Southern
Cross Cable Network in the US , has celebrated a key milestone with the landing of the Southern Cross NEXT cable ( SX NEXT ) at the HMB IX facility in Hermosa Beach , California . SX NEXT will expand the capacity of US to Oceania
global connectivity by up to an additional 72 terabits per second , providing the largest capacity express route to ever link the US with Australia and New Zealand . The increase is the equivalent to streaming more than 4.5 million 4K videos simultaneously or downloading the entire US Library of Congress in less than 1.5 seconds and represents a significant
increase in international connectivity from current total market capability .
Laurie Miller , PCL CEO , said : “ Once completed early next year , SX NEXT will further enhance our existing Southern Cross fully diverse network and will increase interconnect options for key Oceania markets to major content hubs in the US via an ecosystem of 12 cable stations and eight key data centre hubs in Australia and the US , spanning six countries and eight time zones , all interconnected by over 45,000 km of cable .
“ It can be easy to lose sight of the complexity and magnitude of engineering involved in building what is arguably the longest single span submarine cable in the world . However the efforts of the highly skilled teams in Southern Cross and our partners such as HMB IX demonstrate what can be achieved through the power of teamwork .”
DLA Piper advises Azrieli Group on acquisition of Norwegian data centre developer
D
LA Piper has advised Israeli real estate investor , Azrieli , on its acquisition of Green Mountain , a Norwegian data centre developer , for NOK7.6 billion .
Green Mountain is a private company incorporated in Norway in 2009 , operating in the field of server farms . Its three main areas of operations are : ( a ) planning and construction of server farms with high-level information security ; ( b ) provision of advanced service farm services to organisations and wholesale customers ; and ( c ) highly-efficient operation of server farms , using 100 % renewable energies . The company operates three server farms in Norway and , to date , has signed contracts for approximately 24 MW with customers for an average period of approximately seven and a half years . Green Mountain also has future construction and development potential at these and additional sites of approximately 520 MW .
Magnus L Lutnaes , Partner , DLA Piper , said : “ The Scandinavian market and in particular Norway , is experiencing outstanding growth in the data centre market as it benefits from an exceptional availability of power , alongside power costs among the lowest in Europe .”
Azrieli Group is Israel ’ s largest real estate group , which has built and operates Israel ’ s leading nationwide chain of incomeproducing properties . The acquisition of Green Mountain is a key milestone in realising the group ’ s strategy for building international operations in the data centre sector . The combination of its operations in North America and Green Mountain in Europe will allow it to become a significant global player in this growing and developing arena .
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