Its zColo Acquisition Will Make DataBank a US Data Center Heavyweight

The deal will give DataBank a national-scale platform and make it one of the largest privately held US data center providers.

Ampere’s Arm Data Center Chips Come to Oracle Cloud

Oracle said it will launch bare-metal and VM instances on its cloud early next year.

The pricing of the offering, led by Morgan Stanley and Citigroup, values Chindata at about $4.9 billion.