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Compass Datacenters designs and constructs data centers for some of the world’s largest cloud services providers in North America. (Courtesy)
Azrieli to sell stake in US data centers firm for about NIS 3.2 billion
By Sharon Wrobel
Real estate developer expects to record a pre-tax gain of NIS 1.3 billion from the sale of the 32.5% stake
Compass Datacenters designs and constructs data centers for some of the world’s largest cloud services providers in North America. (Courtesy)
June 20, 2023, 8:44 pm
Azrieli to sell stake in US data centers firm for about NIS 3.2 billion
Real estate developer expects to record a pre-tax gain of NIS 1.3 billion from the sale of the 32.5% stake
By Sharon Wrobel
A view of the Azrieli towers and the surrounding buildings in central Tel Aviv. (Courtesy of Avison Young)
August 24, 2022, 6:25 pm
With dozens of malls and offices, profits up 110% for Israel’s biggest property firm
Shopping complexes, office buildings are near full capacity, as Azrieli Group looks to extend portfolio
By Danielle Nagler
An illustrative image of a data center; server farm and a cloud service concept (noLimit46; iStock by Getty Images)
January 27, 2022, 11:38 am
Data architecture startup Firebolt becomes newest unicorn with $100m investment
Series C funding led by New York investment firm Alkeon Capital values company, founded in 2019, at $1.4 billion
By Ricky Ben-David
Amazon Web Services advertisement on an underground platform at a New York City subway station (krblokhin; iStock by Getty Images)
June 12, 2021, 10:49 pm
Amazon Web Services to open data centers in Israel in 2023
Tech firm announces plan a few weeks after Jewish state signs billion-dollar cloud-based services deal with the company and Google
By ToI Staff
Colorful pipes sending and receiving water for cooling Google's data center in The Dalles, Oregon, in an undated photo. (AP/Google, Connie Zhou)
April 21, 2021, 2:55 pm
Google, AWS win $1.2 billion Israel tender for cloud services
Two tech giants best Microsoft, IBM and Oracle to set up data centers and provide cloud services to local public entities with data secured within Israel’s borders
By Shoshanna Solomon
An illustrative image of a Microsoft data center (Courtesy)
April 20, 2021, 12:41 pm
Microsoft says new Israel cloud data center to start operations in early 2022
Timeframe has been pushed back from sometime this year; center will store data in public cloud within nation’s boundaries
By Shoshanna Solomon
Intel Corp. unveils its highest-performing data-center processor, Ice Lake Server, sired in Israel (Intel Corp)
April 7, 2021, 1:22 pm
Intel unveils highest performing data-center processors, made with Israel team
With a promised performance 46% higher than previous generation’s, Ice Lake includes built-in AI performance, encryption and cybersecurity features
By Shoshanna Solomon
Amazon Web Services advertisement on an underground platform at a New York City subway station (krblokhin; iStock by Getty Images)
July 23, 2019, 3:13 pm
Amazon cloud service said mulling regional data center in Israel
US tech giant’s AWS eyeing participation in tender for public cloud platform for government ministries and other bodies, possibly in southern town of Yeruham; declines to comment
By Shoshanna Solomon
Bynet's Har Hotzvim office facilities (photo credit: Courtesy)
June 28, 2013, 11:52 pm
Ten stories down, Israel’s data will be safe
Country’s largest and safest server facility is being built in Jerusalem by Bynet — 35 meters underground
By David Shamah
Kotura's 100Gbps optical engine. (Photo credit: Kotura)
May 19, 2013, 2:48 pm
Acquisition gives Mellanox ‘speedy’ tech for data centers
Silicon Valley-based Kotura’s silicon photonics raise the networking speeds its Israeli buyer can offer customers
By David Shamah
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