Connect with us

Technology

EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity

Published

on

EDGNEX announced an initial $20 Billion investment with a plan to potentially double the investment based on future demandThe U.S. market is critical to EDGNEX’s global and exponential growth strategy.As a group, DAMAC is invested significantly in the U.S. through several private equity funds and in real estate in Miami.The data center expansion will include key U.S. regions, i.e. Sunbelt and Midwest states.

DUBAI and PALM BEACH, Fla., Jan. 8, 2025 /PRNewswire/ — Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC (fully owned by global group DAMAC) has announced its strategic entry in data centers into the United States market, marking a transformative phase in its international expansion. The announced US expansion will deliver state-of-the-art data centers targeting a 2000MW capacity over the next four years. EDGNEX announced an initial investment of $20 Billion with potential plans of doubling the investment on the basis of future demand, market opportunity and scalability. This endeavor is aligned with EDGNEX’s commitment to building world-class digital infrastructure platforms targetting hyperscalers, AI players, and Fortune 500 companies alike, fostering innovation and delivering sustainable, high-quality infrastructure that powers customers in the U.S. and around the globe. EDGNEX expansion plan will focus on sunbelt states specifically Texas, Arizona, Oklahoma, and Louisiana and midwest states: Ohio, Illinois, Michigan, and Indiana.

The first phase includes capacity build-up through joint ventures with partners, acquiring land banks in conjunction with utilities, and acquiring existing data centers and platforms. It will represent approximately 500MW capacity—one in the Sunbelt and one in the Midwest. This will meet the growing current demand as EDGNEX continues to scale.

Statement from Mr. Hussain Sajwani, Founder, DAMAC:
“This is an extremely exciting moment for us. Our foray into the U.S. market in data centers represents a significant milestone in our journey to build a global digital infrastructure platform that will empower businesses today and in the future. Leveraging our expertise in real estate and data centers, we aim to deliver best-in-class infrastructure that supports the next wave of cloud and AI growth, helping further to position the U.S. in the technology and global data ecosystem.”

Besides its latest foray into data centers, DAMAC as a Group is significantly invested in the US in real estate and through several private equity funds. In Miami, DAMAC is planning a boutique condo project designed by Zaha Hadid Architects with a 1bn$ GDV development value. DAMAC continues to look for strategic real estate opportunities in the U.S.

Building a Global Platform Exponentially
DAMAC’s success in real estate in the Middle East and globally has provided the foundation for ventures into high-capex, high-yield asset classes like data centers. Enterprises of all sizes adopting cloud and AI technologies present a significant 15-year growth opportunity that reinforces DAMAC’s commitment to seizing opportunities and establishing a robust global platform that serves international markets. 

Progress and Timeline
EDGNEX’s existing portfolio includes operations in 10 countries (UAE, KSA, Turkey, Thailand, Malaysia, Indonesia, Greece, Spain, Finland and Italy) with a projected capacity exceeding 1000MW+. Current operational data centers include over 10MW in Saudi Arabia and 5MW in Thailand, which will be operational by Q1 2025. By 2026, EDGNEX aims to have over 300MW+ operational globally.

Management and Growth Strategy
EDGNEX, with a management team of 100+ professionals based in the Middle East, Europe and Asia, is actively expanding its team to support these growth plans. Since its inception in 2021, EDGNEX has rapidly expanded across the Middle East, Southeast Asia and Europe, setting the stage for a strategic entry into the U.S. market. EDGNEX brings and sets new benchmarks in secure, scalable, and sustainable digital infrastructure. DAMAC is an infrastructure provider and does not handle or manage data privacy or compliance. EDGNEX plans to leverage DAMAC’s equity, bank debt, and potential third-party capital to fuel expansion in the U.S.

About EDGNEX
EDGNEX is a global digital infrastructure company headquartered in Dubai, United Arab Emirates. It is a wholly owned subsidiary of the DAMAC Group, providing a foundation for local innovation across the globe and disrupting the data center market with new speed and agility. EDGNEX proactively builds, buys, or partners to serve the next wave of demand for data center services. www.edgnex.com

For further information, please contact:
EDGNEX / DAMAC Corporate Communications
Email: corporatecommunications@damacgroup.com
Website: www.edgnex.com 

Video – https://mma.prnewswire.com/media/2593194/DAMAC_1.mp4
Video – https://mma.prnewswire.com/media/2593138/DAMAC_2.mp4
Photo – https://mma.prnewswire.com/media/2593055/DAMAC_3.jpg
Photo – https://mma.prnewswire.com/media/2593059/DAMAC_4.jpg

 

 

 

View original content:https://www.prnewswire.co.uk/news-releases/edgnex-data-centers-by-damac-announces-expansion-into-the-us-market-with-2000mw-projected-future-capacity-302345087.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Equifax Announces Participation in Upcoming Investor Conferences

Published

on

By

ATLANTA, May 1, 2026 /PRNewswire/ — Equifax® (NYSE: EFX) will participate in several upcoming investor conferences in May and June.

Mark W. Begor, Chief Executive Officer, and John Gamble, Chief Financial Officer, will participate in the Baird 2026 Global Consumer, Technology & Services Conference on Tuesday, June 2, 2026 including participation in a Fireside Chat at 10:50 a.m., Eastern Time and the William Blair 2026 Growth Stock Conference on Wednesday, June 3, 2026, including participation in a Fireside Chat at 9:40 a.m., Eastern Time. 

The company invites investors to join a live webcast of these Fireside Chat events at: https://investor.equifax.com/news-events/ir-calendar. A replay of these Fireside Chats will be available within 24 hours after the event on the company’s Investor Relations website. 

John Gamble, Chief Financial Officer, will attend the Bernstein Annual Strategic Decisions Conference on Wednesday, May 27, 2026. 

Trevor Burns, Senior Vice President of Corporate Investor Relations, will attend the Barclays Americas Select Franchise Conference on Tuesday, May 5, 2026, the virtual Needham Technology, Media, & Consumer Conference on Thursday, May 14, 2026, and the J.P. Morgan All Stars Canada Conference on Tuesday, June 2, 2026.

ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.

FOR MORE INFORMATION:
Molly Clegg for Equifax
mediainquiries@equifax.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/equifax-announces-participation-in-upcoming-investor-conferences-302760292.html

SOURCE Equifax Inc.

Continue Reading

Technology

Cisco Schedules Conference Call for Q3 Fiscal Year 2026 Financial Results

Published

on

By

SAN JOSE, Calif., May 1, 2026 /PRNewswire/ — Cisco (NASDAQ: CSCO) has scheduled a conference call for Wednesday, May 13, 2026, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2026 financial results for the period ending Saturday, April 25, 2026.

Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 13, 2026. Cisco’s quarterly earnings press release will be posted at https://newsroom.cisco.com.

Date:
Wednesday, May 13, 2026

Time:
1:30 PM (PT); 4:30 PM (ET)

To Listen via Telephone: 
888-848-6507
212-519-0847 (for International Callers)

To Listen via the Internet: 
We are pleased to offer a live and replay audio broadcast of the conference call with corresponding slides at https://investor.cisco.com.

The conference call will also be livestreamed on YouTube & LinkedIn.

Replay:
A telephone playback of the Q3 FY2026 conference call is scheduled to be available beginning at 4:00 PM (PT) on May 13, 2026, through 10:00 PM (PT) May 19, 2026. The replay will be accessible by calling 800-839-2232 (International callers: 203-369-3662). The call runs 24 hours/day, including weekends. An archived version of the webcast will be available on Cisco’s Investor Relations website at https://investor.cisco.com.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word ‘partner’ does not imply a partnership relationship between Cisco and any other company.

Investor Relations Contact: 

Press Contact: 

Sami Badri

Britt Stagnaro

Cisco

Cisco

sambadri@cisco.com

media_pr@external.cisco.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cisco-schedules-conference-call-for-q3-fiscal-year-2026-financial-results-302760253.html

SOURCE Cisco Systems, Inc.

Continue Reading

Technology

Essen Health Care Launches RADIN Health All-In-One RIS and PACS Cloud Platform

Published

on

By

SHERIDAN, Wyo.  , May 1, 2026 /PRNewswire/ — Essen Health Care is thrilled to announce a significant advancement in our commitment to providing exceptional patient care and cutting-edge medical services: the introduction of RADIN Health.

This initiative represents a major investment in the future of medical imaging, solidifying our dedication to offering the highest quality diagnostic services and an unparalleled patient and provider experience within the communities we serve.

“RADIN Health is more than just a technology upgrade; it is a fundamental pillar of Essen Health Care’s strategy to deliver accessible, efficient, and superior diagnostic imaging services to our community”, says Jonathan Khodadadian, MD, Medical Director, Specialty Division, Essen Health Care.  

The RADIN Platform: A Commitment to Innovation

RADIN Health is powered by an advanced, end-to-end, all-in-one RIS and PACS radiology cloud platform. This state-of-the-art system has been meticulously designed to revolutionize the imaging process, ensuring efficiency, accuracy, and accessibility for everyone involved.

Transforming the Patient and Provider Journey

The RADIN platform utilizes sophisticated, state-of-the-art artificial intelligence (AI) across multiple facets of the imaging journey:

Enhanced Patient and Provider Engagement: AI tools, patient, and referring physician portals streamline orders for appointments and communication, ensuring the external workflow process is easy, transparent, and accessible.Easy Image and Report Sharing: The cloud application allows easy electronic sharing and access of images and reports for providers and patients.Ease of Scheduling: The system simplifies the typically complex scheduling process, allowing for quick, convenient, and accurate appointment booking.Optimized Physician Reporting: AI assists in the generation of detailed, rapid, and precise physician reports, ensuring healthcare providers receive the critical information they need promptly to guide treatment decisions.

Driving Efficiency and Quality

The RADIN platform elevates the operational standards of imaging services. By reducing manual steps throughout the process—from order entry to image archival—and improving overall system efficiency, the platform ensures:

Timely Imaging Services: Quicker turnaround times mean patients receive their diagnoses faster, enabling earlier treatment planning.High-Quality Diagnostics: The system supports consistent, high-fidelity imaging quality, leading to more accurate diagnoses.Patient Follow-up Tracking: Recommended patient follow-up scans are automated and track recommendations for important, abnormal or inconclusive findings.Compliance and Best Practices: The cloud platform is built to support stringent regulatory compliance and adherence to the highest industry standards and best practices, giving both providers and patients confidence in the care received.

Essen Health Care is an integrated, multi-specialty healthcare delivery organization with more than 25 years of experience providing quality, compassionate, and accessible medical care to communities across New York. Offering house calls, urgent care, primary care, and specialty services, Essen Health Care is committed to advancing health equity and improving health outcomes for all patients. For more information, visit https://www.essenhealthcare.com

RADIN HealthⓇ is focused on developing SaaS products that enhance the efficiency, productivity, and scalability of hospitals, imaging centers and radiology practices. Utilizing artificial intelligence (AI), machine learning (ML), and natural language processing (NLP), Radin Health offers a Cloud-based, Serverless, All-In-One RIS, PACS, Dictation AI®, and Select® Workflow Management Solution. For more information, visit www.radinhealth.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/essen-health-care-launches-radin-health-all-in-one-ris-and-pacs-cloud-platform-302760463.html

SOURCE Radin LLC

Continue Reading

Trending