QTS

PenLink Announces Peter Weber as New Chief Executive Officer

Retrieved on: 
Wednesday, March 6, 2024

LINCOLN, Neb., March 6, 2024 /PRNewswire/ -- PenLink, the foremost authority in AI-powered digital evidence and intelligence for the law enforcement, national security, and defense sectors, proudly announces Peter Weber as its new Chief Executive Officer.

Key Points: 
  • LINCOLN, Neb., March 6, 2024 /PRNewswire/ -- PenLink, the foremost authority in AI-powered digital evidence and intelligence for the law enforcement, national security, and defense sectors, proudly announces Peter Weber as its new Chief Executive Officer.
  • Weber brings 30 years of experience driving financial performance in global technology organizations to his new role at PenLink.
  • Most recently, Peter served as an Operating Partner at Spire and a member of the PenLink Board of Directors.
  • Prior to PenLink, Weber founded SevenSpace, acquired by Sun Microsystems in 2005, and served as CEO at Carpathia (acquired by QTS in 2015) and Curvature.

VS MEDIA Partners with The Pinkfong Company and King Parrot Group for Baby Shark Themed Events at VS Lounge in Central Hong Kong

Retrieved on: 
Monday, February 5, 2024

“We are thrilled to bring the beloved global kids icon Baby Shark to Central Hong Kong.

Key Points: 
  • “We are thrilled to bring the beloved global kids icon Baby Shark to Central Hong Kong.
  • VS Lounge is bringing the lovable Baby Shark to Central Waterfront to create the 'Baby Shark Ocean Winter Park’, letting children get up close and personal with Baby Shark.
  • Visitors can participate in four exciting Baby Shark Themed missions – Dance with Baby Shark, Rescue Baby Shark, Clean the Ocean, and Restore the Beach.
  • VS Lounge is highlighted as part of the Discover Hong Kong feature events by the Hong Kong Tourism Board ( HKTB ).

Tract announces acquisition of 668 acres in Eagle Mountain, UT, promising further investment for data center campuses

Retrieved on: 
Thursday, January 18, 2024

DENVER, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Tract , a developer of master-planned data center parks, today announced that it has completed the acquisition of more than 668 acres of land in Eagle Mountain, UT.

Key Points: 
  • DENVER, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Tract , a developer of master-planned data center parks, today announced that it has completed the acquisition of more than 668 acres of land in Eagle Mountain, UT.
  • To enable speed and certainty for initial development on the site, Tract is working with Rocky Mountain Power to deliver more than 400 megawatts via new transmission infrastructure by 2028.
  • “Building on Utah’s data center sales tax exemption and low power rates, Eagle Mountain has distinguished itself through thoughtful planning and having sufficient contiguous land to meet the campus needs of tomorrow.
  • “Resource-conscious data center expansion can help ensure economic prosperity for the State of Utah, today and in the future.”

Metals Acquisition Limited Provides Operational Update

Retrieved on: 
Tuesday, November 14, 2023

Access to this stoping area has subsequently been restored and the high grade (+4% copper) material is now being mined.

Key Points: 
  • Access to this stoping area has subsequently been restored and the high grade (+4% copper) material is now being mined.
  • The average received copper price was flat quarter on quarter and declined slightly from the first quarter in line with market prices.
  • Figure 4 provides an illustration of the improvements in productivity that has already been demonstrated at the mine.
  • This work is well underway and will be fed into the mine planning for the 2023 resource and reserve update.

Trading Technologies announces new dedicated business lines to fuel growth across asset classes in 2024

Retrieved on: 
Wednesday, December 13, 2023

CHICAGO, Dec. 13, 2023  /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the launch of two new lines of business, TT Compliance and TT Quantitative Trading Solutions (QTS), to further support the company's growth into new asset classes. The two dedicated lines of business build on TT's past offerings in trade surveillance and algorithmic/quantitative trading solutions that were strengthened by TT's acquisitions of Abel Noser Solutions – the industry-leading provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants – in August 2023 and RCM-X – a technology provider of algorithmic execution strategies and quantitative trading products – in March 2022.

Key Points: 
  • Todd said: "We are calling the new business line QTS to underscore that our team is not just developers building algos.
  • These professionals are experts in data science and analytics, along with trading and risk management in multiple asset classes, on top of their coding and development skills.
  • We're excited to further expand into new asset classes and bring our award-winning tools to a broader user base as we continue to grow our multi-asset offering."
  • The two new business units are part of a reorganization of the firm into six distinct lines of business that will work in concert to support clients' multi-asset needs.

Trading Technologies announces new dedicated business lines to fuel growth across asset classes in 2024

Retrieved on: 
Wednesday, December 13, 2023

CHICAGO, Dec. 13, 2023 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the launch of two new lines of business, TT Compliance and TT Quantitative Trading Solutions (QTS), to further support the company's growth into new asset classes. The two dedicated lines of business build on TT's past offerings in trade surveillance and algorithmic/quantitative trading solutions that were strengthened by TT's acquisitions of Abel Noser Solutions – the industry-leading provider of transaction cost analysis (TCA) for investment managers, brokers, asset owners and consultants – in August 2023 and RCM-X – a technology provider of algorithmic execution strategies and quantitative trading products – in March 2022.

Key Points: 
  • Todd said: "We are calling the new business line QTS to underscore that our team is not just developers building algos.
  • These professionals are experts in data science and analytics, along with trading and risk management in multiple asset classes, on top of their coding and development skills.
  • We're excited to further expand into new asset classes and bring our award-winning tools to a broader user base as we continue to grow our multi-asset offering."
  • The two new business units are part of a reorganization of the firm into six distinct lines of business that will work in concert to support clients' multi-asset needs.

QTS Acquires Netherlands-based Data Center Management Company Zentrys

Retrieved on: 
Tuesday, November 7, 2023

OVERLAND PARK, Kan. and GRONINGEN, Netherlands , Nov. 7, 2023 /PRNewswire/ -- QTS Data Centers, a leading provider of enterprise, hyperscale and government data center solutions, has acquired Zentrys, a Netherlands-based data center management and operations company. The transaction was finalized Oct. 31, 2023. Since QTS' acquisition of two data center sites in Groningen and Eemshaven, Netherlands in 2019, Zentrys has successfully operated the sites, providing premium customer service and local market expertise. The acquisition of Zentrys further supports the breadth of QTS' operating capability and builds a strong foundation to extend QTS' successful U.S. growth strategy into Europe.

Key Points: 
  • OVERLAND PARK, Kan. and GRONINGEN, Netherlands , Nov. 7, 2023 /PRNewswire/ -- QTS Data Centers , a leading provider of enterprise, hyperscale and government data center solutions, has acquired Zentrys, a Netherlands-based data center management and operations company.
  • Since QTS' acquisition of two data center sites in Groningen and Eemshaven, Netherlands in 2019, Zentrys has successfully operated the sites, providing premium customer service and local market expertise.
  • Over the next year, QTS will onboard the Zentrys employees and integrate the company with QTS technology and processes.
  • "QTS is a leading provider of data center solutions with a strong track record supporting the largest data center customers in the world," said Richard Kaak, co-founder and partner at Zentrys.

Commercial and Multifamily Starts Declined in 5 of the Top 10 Metro Areas in the First Half of 2023

Retrieved on: 
Wednesday, July 26, 2023

Commercial and multifamily starts are comprised of office buildings, stores, hotels, warehouses, commercial garages and multifamily housing.

Key Points: 
  • Commercial and multifamily starts are comprised of office buildings, stores, hotels, warehouses, commercial garages and multifamily housing.
  • Multifamily starts lost 17%, declining to $61 billion, and commercial starts fell 11% to $70 billion.
  • In the first half of 2023, across the top 10 metro areas, commercial building starts rose 1% to $27 billion, while multifamily starts fell 21% to $24 billion.
  • In Washington, D.C., commercial and multifamily starts in the first half of 2023 were down 43% from the first half of 2022 to $3.1 billion.

QTS Publishes Annual Sustainability Report

Retrieved on: 
Tuesday, July 25, 2023

OVERLAND PARK, Kan., July 25, 2023 /PRNewswire/ -- QTS Data Centers, a leading provider of enterprise, hyperscale and government data center solutions, today announced it has published its 2022 Sustainability Report, available online here, highlighting the Company's commitment to its Environmental, Social and Governance (ESG) program.

Key Points: 
  • In alignment with its carbon reduction commitment to the U.S. Department of Energy's Better Climate Challenge, QTS remains focused on carbon-free energy procurement.
  • "As QTS' footprint expands, we remain committed to the stewardship of our employees, customers, partners and local communities," said Chad Williams, CEO of QTS.
  • QTS' Sustainability report documents the Company's vision of enhancing the care and improvement of life and minimizing its carbon footprint through technology, manpower and advanced construction and procurement initiatives.
  • QTS' Grow with QTS program supports tree-planting in strategic locations to encourage the improvement of rural, suburban and urban ecosystems.

QTS Realty Trust Announces Mandatory Conversion of Series A Preferred Units

Retrieved on: 
Friday, July 21, 2023

OVERLAND PARK, Kan., July 21, 2023 /PRNewswire/ -- QTS Realty Trust ("QTS") today announced the exercise of its right to convert each outstanding 6.50% Series A Cumulative Convertible Perpetual Preferred Limited Liability Company Unit of QTS (each, a "Series A Preferred Unit") into $167.40 in cash, in accordance with the terms of the Series A Preferred Units.

Key Points: 
  • OVERLAND PARK, Kan., July 21, 2023 /PRNewswire/ -- QTS Realty Trust ("QTS") today announced the exercise of its right to convert each outstanding 6.50% Series A Cumulative Convertible Perpetual Preferred Limited Liability Company Unit of QTS (each, a "Series A Preferred Unit") into $167.40 in cash, in accordance with the terms of the Series A Preferred Units.
  • The mandatory conversion date will be July 28, 2023 (the "Mandatory Conversion Date").
  • Distributions will cease to accrue on the Series A Preferred Units on the Mandatory Conversion Date, and all rights of the holders of Series A Preferred Units will terminate on such date, except for the right to receive $167.40 in cash per unit.
  • Computershare is serving as the conversion agent and can be contacted at c/o Computershare, Mandatory Corporate Actions; COY: QTS, 150 Royall Street, Suite 101, Canton, MA 02021.