Latest investment publications

Switch hopes to raise half a billion dollars through IPO

Leading data centre provider Switch is hoping to raise up to $500 million (approx. £372 million) through its initial public offering (IPO). The Las Vegas-based firm is offering around 31 million shares at a cost of between $14 and $16 each. Should the shares be sold at the higher end of this range, the market… Read More

Ohio offers $37m in tax incentives to $750m data centre

The city of New Albany, Ohio has offered $37 million (approx. £28 million) in tax incentives to a proposed $750 million data centre, according to Columbus Business Report. The amount includes waiving $36.25 million in sales and use tax on the IT equipment installed in the centre. The operator, which is aiming to build the city’s… Read More

EU Bank invests 25M euros in MariaDB

The European Investment Bank, the official bank of the European Union, has announced a 25M euro investment in MariaDB. MariaDB is one of the most popular and fastest-growing open source database solutions in the world. The investment from the European Investment Bank (EIB) will be used for product innovation and global expansion, with additions to… Read More

Former head of Intel Capital to lead $150mn European cloud fund

London-based fund manager C5 Capital is aiming to raise a $150 million (approx. £114 million) fund to tap into the growing cloud computing sector after appointing the former European head of Intel Capital, Marcos Battisti. Battisti will join the firm this September to manage one of the largest funds of its kind in Europe. The… Read More

Chinese investors look to U.S. tech companies after economic slowdown at home

Collaboration (of sorts) between China and the United States can be traced way back to the beginning of the Californian gold rush in the 1850s when the first Chinese immigrants arrived in San Francisco seeking, if not their fortune, then at least work. These days China no longer supplies cheap labour to the U.S., but significant… Read More