Hyper-Converged Infrastructure, Windows Systems and Network
businesswire | July 17, 2023
StratCap announce today that in Q2 2023 the Company acquired nearly $90 million of essential digital infrastructure assets including 13 cell towers and a data center.
The 13 cell tower acquisitions included both individual and portfolio transactions with towers located throughout Missouri, Wisconsin, Florida, Tennessee, and New York. Primary tenants on the towers include the three major broadband carriers, AT&T, Verizon and T-Mobile, as well as Dish, Wisconsin Electric Power Company, Wisconsin Power & Light, and an AT&T affiliate that supports AT&T’s First Net Network, which is dedicated to first responders (police, fire, rescue, etc.). Todd Rowley, head of StratCap’s Wireless Infrastructure Platform stated, “The ongoing deployment of 5G networks and continuous increases in mobile data usage are catalyzing both growth and investor appetite in what we believe is a very resilient sector.”
The Company also acquired a 127,000 square foot data center in Toronto, Canada. The facility boasts two premier credit-rated tenants, ready access to rich fiber connectivity and 10MVA of installed critical capacity, with plans to increase to 27MVA. The acquisition was part of an institutional joint venture wherein StratCap took a minority stake in the property, yet led the acquisition process and will continue to manage the overall facility. Bryan Marsh, head of StratCap's Global Data Center Platform commented, "This is a mission critical facility that plays a vital role in the digital economy. We are excited to align ourselves with a valued institutional partner to participate in such a dynamic asset with in-place rental income, exceptional tenants, and a value-add growth opportunity though potential expansion."
StratCap remains bullish on digital infrastructure given demand drivers like the increasing number of connected devices, growing mobile data usage, the essential role of connectivity in our lives, and new technologies like 5G, autonomous cars, artificial intelligence, and more. Jim Condon, Managing Partner of StratCap, stated, “Digital transformation is moving deeper into all aspects of the global economy and our personal lives. Digital infrastructure assets like cell towers, data centers, fiber networks, and the like, play a mission critical role in making it all work, as well as creating a solid, scalable foundation for the future.”
StratCap is a privately held, global investment management platform committed to providing access to dynamic asset classes and highly experienced investment professionals. The company is focused on a wide range of digital economy assets with an emphasis on digital infrastructure, sustainability, and technology-centric sectors. StratCap Wireless is an affiliate company focused on acquiring, developing, and managing a variety of telecommunications infrastructure assets that support mobile communications, internet connectivity and data storage.
PRnewswire | July 05, 2023
Panduit Singapore releases SmartZone™ Uninterruptible Power Supply (UPS), delivering highly efficient and reliable power that provides protection and backup power for your computer IT equipment. SmartZone offers excellent electrical performance, intelligent battery management and long lifespan (lithium-ion units), enhanced intelligent monitoring, and network functions. Compliant with ENERGY STAR® 2.0, EMC, and safety standards, SmartZone UPS meets the continually growing power demands of data center, enterprise, and Edge IT equipment.
The rack-mounted SmartZone UPS portfolio focuses on high reliability, density, efficiency, and secure manageability, backed by an experienced global support team. This UPS range offers models with varying power ratings, configurations, and batteries to meet your specific needs. The offerings include 1-3 kVA line interactive and double conversion with lithium-ion battery, 1-3 kVA, 5-10 kVA, and 10/15/20 kVA double conversion with lead acid battery.
The SmartZone Intelligent UPS system interfaces with Panduit's SmartZone Cloud Next Generation DCIM solution to manage, monitor, and control power, environmental, security, connectivity, and IT assets. SmartZone Cloud collects and processes real-time data to closely oversee these channels and sends alerts for potential failures to reduce the risk of costly outages. To learn more about SmartZone Cloud Next Generation DCIM please visit https://pages.panduit.com/apac-smartzone-cloud.html.
Panduit also offers many SmartZone™ UPS accessories including external battery packs, battery cartridges, intelligent network management cards, environmental and security sensors, and a relay card.
"SmartZone UPS provides the global market with intelligent, reliable, and efficient infrastructure solutions for IT equipment and applications", says SmartZone UPS Product Manager Alan Burkel. "Panduit is excited to deliver this new offering of uninterruptible power supply hardware to an expanding industry with growing trends of distributed compute and enterprise data center modernization. It allows Panduit to be a one-stop-shop for customers interested in infrastructure solutions." The new Panduit SmartZone™ UPS product family rings in a new era of intelligent power.
Since 1955, Panduit's culture of curiosity and passion for problem-solving have enabled more meaningful connections between companies' business goals and their marketplace success. Panduit creates innovative electrical and network infrastructure solutions for enterprise-wide environments, from the data center to the telecom room, from the desktop to the plant floor. Headquartered in Tinley Park, IL, USA, and operating in112 global locations, Panduit's proven reputation for quality and technology leadership, coupled with a robust partner ecosystem, helps support, sustain, and empower business growth in a connected world.
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.