Hyper-Converged Infrastructure, Windows Systems and Network
prnewswire | July 20, 2023
Midas Immersion Cooling, LLC ("Midas Immersion" or "Midas"), an industry leader in immersion cooling technology solutions for Bitcoin ("BTC") miners and Data Centers, with the largest deployed single-phase immersion cooling capacity of any manufacturer, announced today that it has entered into a long-term supply agreement (the "Agreement") with Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot"), an industry leader in BTC mining and Data Center hosting. Under the Agreement, Midas has secured an initial order of 200 megawatts (MW) of its latest generation of immersion cooling systems, as well as associated equipment and adiabatic coolers for Riot's Corsicana, Texas, operations. Midas designed the ASICE 2.0 immersion cooling systems in Texas, for manufacture in North America.
The Agreement provides delivery of the new immersion cooling systems by the end of 2023. Upon commissioning, the initial 200 MW of immersion cooling systems will bring the total deployed capacity of Midas immersion cooling systems to over 500 MW (0.5 GW).
Under the Agreement, Midas has also granted Riot the option to purchase up to 400 MW of additional ASICE 2.0 immersion cooling systems and ancillary equipment from Midas, on the same terms as the initial order. Assuming full exercise of Riot's option, the total worldwide deployed capacity of Midas immersion cooling systems would be in excess of 900 MW, upon commissioning. Riot may exercise the option, in whole or in part, through December 31, 2024.
"Midas is pleased to announce this landmark deal to continue as a trusted supplier to Riot," said Scott Sickmiller, CEO of Midas. "We remain committed to offering the best engineering, equipment performance, and customer support among immersion cooling providers."
"Riot is pleased to partner with Midas Immersion for our Corsicana Facility," said Jason Les, CEO of Riot. "Partnering with Midas will enhance Riot's approach in diversifying our immersion capabilities to ensure efficiency across our mining infrastructure, prolonging the life of our miners, while also increasing our ability to maintain low cost of power by eliminating the need for costly forced-air cooling."
About Midas Immersion Cooling
Midas Immersion Cooling is a leader in engineering design and integration of single-phase immersion cooling equipment solutions for ASIC miners and data servers. Midas Immersion's patented cooling tanks increase miner and server density, decrease power consumption, and significantly reduce cooling and infrastructure costs compared to traditional air-cooled environments.
About Riot Platforms, Inc.
Riot's vision is to be the world's leading Bitcoin-driven infrastructure platform. Our mission is to positively impact the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has data center hosting operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado.
Application Infrastructure, Windows Server OS
businesswire | August 07, 2023
Palisade Infrastructure (“Palisade”) and Consolidated Communications, Inc. (“Consolidated”) have entered into an agreement whereby Palisade, on behalf of its managed funds, will acquire Consolidated’s assets in Washington state.
The transaction includes Consolidated’s incumbent networks in Ellensburg and Yelm comprising a mixture of fiber-to-the-home and DSL technologies. Palisade intends to accelerate the build out of the fiber network in these markets, providing high speed, low latency connectivity to households and businesses.
This is Palisade’s second broadband investment in Washington State following the announcement of the transaction to acquire Rainier Connect in December 2022. Palisade aims to develop a regional platform for fiber and high-speed broadband connectivity by investing in these markets to benefit all stakeholders including employees, customers and communities.
Mike Reynolds, managing director at Palisade Infrastructure said, “We are excited to expand our fiber broadband platform in Washington State, in attractive markets that are in proximity to the Rainier Connect network. We look forward to continuing to grow the platform in the future.”
This represents Palisade’s fourth transaction in North America and follows the closing of its investment in the PureSky Energy community solar platform in June 2023. Palisade is planning to launch a new fund focused on investing in digital connectivity and the energy transition later this year.
Houlihan Lokey served as exclusive financial advisor and Morgan, Lewis & Bockius LLP served as legal counsel to Palisade. Lazard served as the exclusive financial advisor to Consolidated Communications on the transaction.
The transaction remains subject to federal, state and local regulatory approvals and customary closing conditions.
About Palisade Infrastructure
Palisade Infrastructure forms part of the Palisade Group, a global independent, specialist infrastructure and real assets manager. Palisade Group has 30 active investments in its portfolio covering a broad range of sectors. Palisade Infrastructure’s North American capability focuses on the energy transition, digitization and transport infrastructure sectors. Palisade Infrastructure has a partnership-focused approach with a long-term investment horizon. For more information visit palisadegroup.com.
About Consolidated Communications
Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) is dedicated to moving people, businesses and communities forward by delivering the most reliable fiber communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning more than 57,500 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support.
Hyper-Converged Infrastructure, Data Storage
prnewswire | July 31, 2023
JupiterOne the industry's leading cyber asset analysis company, today announced a platform expansion focused on expanding customer capabilities by managing on-premises assets and making it easier for teams outside of security to utilize and benefit from the platform.
With the market settling into hybrid infrastructure as the norm and an increasing interest in asset visibility and analysis by product and operations teams, JupiterOne has delivered a trio of features to support these emergent use cases. The J1 On-Premises Collector, Unified Device Matrix dashboard and an AI-powered natural language search bring the power of the JupiterOne platform to new environments and organizations.
The J1 On-Premises Collectorextends JupiterOne's reach into privately managed environments, allowing asset data from both on-premises environments and private clouds to be easily ingested and analyzed. This will allow customers to expand the scope of assets and infrastructure they are able to manage in JupiterOne, providing them with the tools necessary to protect all their assets within one unified solution.
TheAI-powered natural language searchmakes getting answers from JupiterOne much more approachable for all teams. Users can ask a question like "Show me all laptops without anti-virus software installed" and the AI translates that into a specific J1 query on the fly. This enables teams to benefit from the asset insights generated by JupiterOne without having to become a JupiterOne power user. AI is also used to provide remediation guidance for compliance and security violations found in JupiterOne, based on best practices and the organization's infrastructure.
Unified Device Matrixprovides users with an easy to use, all-in-one device management dashboard. Device management solutions are often rife with errors and duplicated instances being reported by a multitude of asset data sources. Device View solves these technical challenges to provide a clean and trustworthy view into an organization's devices and proceeds to layer on additional integrations that enable critical device management use cases, such as endpoint detection and response (EDR) agents, anti-virus software and device management agents.
"By making JupiterOne easier to use and extending beyond cloud infrastructure, we are supporting security-by-design programs," saysJeff Whalen, JupiterOne's Senior Director of Product Marketing. "With security-by-design, it's vital that all teams, not just security, have easy access to the data they need to be accountable for their security responsibilities. The introduction of our AI-backed usability enhancements and the new Unified Device Matrix dashboard provides that easy access and the J1 On-Premises Connector provides the breadth of asset data across hybrid infrastructure."
The continued evolution of market trends has reinforced the importance of comprehensive asset analysis and the ability to provide security for a wider range of devices. These new product enhancements infuse intelligence into asset management responsibilities, elevating them to asset analysis, which provides critical insights about an organization's entire attack surface.
"These expansions to JupiterOne's asset management capabilities are critical as we continue to work toward our mission to decentralize and democratize security," saidErkang Zheng, founder and CEO of JupiterOne. "As the traditional CISO role continues to evolve and we move toward the future of cybersecurity, it is important to ensure that organizations have a complete visibility into their assets, regardless of whether those assets are cloud-based or on-premises, and no matter the technological skillset of the teams which need to know that information."
JupiterOne is a leading cybersecurity company specializing in cyber asset and attack surface management. Customers use the JupiterOne platform to connect the dots between all assets, people, and risks, providing deep context and insight into their expanding technology footprint. With unified cyber insights and one centralized view across hybrid and multi-cloud environments, security teams can make better data-driven decisions with confidence and address critical business challenges such as Cyber Asset Attack Surface Management (CAASM), Continuous Compliance, Cloud Security Posture Management (CSPM), and Vulnerability Prioritization. JupiterOne helps teams discover assets, map relationships, and triage risks to reduce their attack surface.