Browsing: Jan Hnizdo

News
Teraco raises R1,2bn in new funding

Rapidly expanding data centre operator Teraco has raised a R1,2bn medium-term funding facility from Absa, allowing it to complete its new facility in Isando, east of Johannesburg, while also investing in its new, nearby data centre at

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JSE gets closer to traders

The Johannesburg Stock Exchange has moved closer to traders and to other world markets with the installation, by Dark Fibre Africa, of a direct fibre link between the bourse’s head office in Sandton and Teraco’s data centre in Isando, east of Johannesburg. The 32km

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Teraco, Absa in R200m funding deal

Vendor-neutral data centre operator Teraco Data Environments has secured a R200m medium-term funding facility from Absa’s corporate and investment banking division. Teraco CEO Lex van Wyk says the funding will allow Teraco to meet the demand created by growth of the Internet and cloud computing