Business News

New Electronics brings you up-to-date Business News, covering the full spectrum of acquisitions, business deals and expansions happening in the electronics industry.

Cloud and colocation data centre capex spend to top $125bn by 2023

A report from Omdia suggests that data centre capital spending by cloud and colocation providers is expected to grow at a 9.8 percent (CAGR) from 2019 through 2023 as service providers work to stay ahead of customer demand.

Worldwide capex is forecast to rise to $125 billion in 2023, up from $82 billion in 2019.Data centre capex has tended to ebb and flow over the past couple of years, according to Alan Howard, principal analyst, colocation and cloud services, at ...

Trackwise acquires Stevenage Circuits

Trackwise Designs has acquired Stevenage Circuits, a UK-based designer and manufacturer of short flex and rigid printed circuit boards, in a deal worth up to £2.5 million and supported by £5.9 million in fundraising.

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