Connect with us

Technology

Powerhouse and Provident Partner to Develop Hyperscale Data Center Campus in Dallas-Fort Worth Metroplex

Published

on

High-Powered Joint Venture Paves the Way for the Future of Digital Infrastructure Establishing One of Texas’ Largest Connectivity Campuses for Hyperscalers.

DALLAS, Jan. 7, 2025 /PRNewswire/ — Provident Data Centers (“PDC”), a division of the Dallas-based real estate development firm Provident, has formed a joint venture with PowerHouse Data Centers (“PowerHouse”), a leading real estate developer for next-generation hyperscale data centers and a division of American Real Estate Partners (AREP), to develop an industry-leading hyperscale data center campus in the heart of the Dallas-Fort Worth Metroplex. The multi-phased project is set to become a hyperscale data center campus of staggering proportions across an expansive 768-acre site with significant power delivery. This news signals PowerHouse’s continued momentum in Texas and supports Provident Data Centers with its deep Dallas roots and strategic position in the red-hot Dallas-Fort Worth data center market.

Provident Data Centers forms a joint venture with PowerHouse to develop a hyperscale campus in Dallas-Fort Worth.

When completed, the powered shell campus will offer ample power sourcing and unbeatable speed-to-market to meet the growing needs of data center operators and hyperscalers in the Dallas-Fort Worth Metroplex. 

“The demands on digital infrastructure are accelerating like never before, driven by explosive growth in data, AI, and cloud services,” said Provident Founder and CEO Leon Backes. “This project is designed to meet those needs by creating spaces designed for rapid scalability, high-density power requirements, and seamless connectivity.”

“Our partnership with Provident is fortified by pioneering expertise, collaboration, and forward-thinking vision. This is more than just a data center; it’s the future of digital infrastructure; we’re building a new frontier in the heart of Texas,” said Doug Fleit, Co-founder & CEO of PowerHouse Data Centers.

The Dallas-Fort Worth area continues to cement its position as a national leader in the data center market, ranking second in the U.S. with 776 megawatts of leased critical IT power capacity as of November 2024, according to 451 Research’s Datacenter KnowledgeBase, 2024. The DFW area is rapidly emerging as a prime location for future development thanks to its robust fiber infrastructure connectivity, a talented workforce, and pro-business tax climate, making it well-positioned to meet the region’s growing demand for data center infrastructure.

“We’re not just bringing power to the grid; we’re powering the future,” said Leon Backes of Provident. “Texas is already a leader in technology, our goal for this campus is to make it the undisputed heavyweight champion of digital infrastructure.”

In planning the data center campus project, Provident and PowerHouse leaders emphasized that open communication with surrounding community officials and residents is central to the development. “We believe in building partnerships where every party can succeed,” said Backes. “We look forward to creating a long-lasting relationship that benefits both communities and our customers,” said Fleit of PowerHouse.  

Data centers bring a host of community benefits, including significant tax revenue to schools, counties/cities, new jobs, and improved infrastructure. The campus will be constructed by a highly experienced design and construction team focused on sustainability, ensuring positive integration with the surrounding environment.  

“We pride ourselves on being responsive to community concerns by listening to and addressing local needs,” said Backes. “That’s an essential factor when creating and developing complex projects. Our focus on transparent communication fosters strong government and citizen support, which helps to ensure success for all.”

About Provident Data Centers
Provident Data Centers, headquartered in Dallas, TX is a community-driven data center developer dedicated to building “win-win” partnerships with clients and communities. As a division of Provident, a privately held leading real estate and investment firm, Provident Data Centers brings over three decades of real estate development experience to create cutting-edge data centers for enterprise, hyperscale, and telecom clients.  This expertise currently spans six states, with over 50 buildings delivering more than 3.8 GW of power. Provident Data Centers streamlines the development process by managing site selection, land acquisition, design and construction, infrastructure build-out, and full-fit-out delivery. This comprehensive approach ensures smooth project execution, minimizes risks, and delivers positive outcomes for all stakeholders. With vast industry knowledge, Provident Data Centers brings a transparent approach and continues to focus on innovative, efficient, and scalable solutions for an evolving digital landscape.
To learn more, visit www.providentdatacenters.net and follow us on LinkedIn.

About PowerHouse Data Centers
PowerHouse Data Centers, a wholly owned division of American Real Estate Partners (AREP), is a developer and owner of next-generation data centers and provides technical real estate solutions for hyperscalers across the country. Starting in Northern Virginia’s Data Center Alley, the world’s largest data center market, before strategically expanding to key markets across the United States, PowerHouse owns its land sites, offering unparalleled fast-track approvals and zoning approvals in its full suite of development services. As an industry disruptor, PowerHouse provides flexible next-generation data center models with the quickest speed to market of any data center while meeting hyperscalers’ growing market, data, utility, and space demands. The company has 87 buildings and 25.5M sqft currently in planning, underway or completed, representing over 5.9 GW of power in six major US markets. Operating as the data center division of AREP, PowerHouse is uniquely positioned as a leader in world-class data center development. With some of the industry’s deepest real estate relationships, PowerHouse leverages its strategic joint venture partnerships, proven leadership, and best-in-class technical expertise to deliver innovative real estate solutions nationwide. Visit our newsroom for more information, and follow us on LinkedIn, YouTube, and X.

View original content to download multimedia:https://www.prnewswire.com/news-releases/powerhouse-and-provident-partner-to-develop-hyperscale-data-center-campus-in-dallas-fort-worth-metroplex-302344722.html

SOURCE Provident Data Centers

Continue Reading
Click to comment

Leave a Reply

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

Technology

Agri-Food Tech Startups Led by Taiwan’s HAOSHi Attend SusHi Tech Tokyo 2026 to Build Industry and Investment Connections

Published

on

By

TAIPEI and TOKYO, April 28, 2026 /PRNewswire/ — A delegation of three food-tech startups led by Taiwan-based agri-food tech accelerator HAOSHi recently participated in SusHi Tech Tokyo 2026, a global innovation event held in Japan. Through the exhibition and local industry engagement, the initiative aims to help Taiwanese startups establish partnerships with Japanese companies and explore potential investment opportunities.

SusHi Tech Tokyo has emerged as a key innovation platform in Japan, with a focus on urban development and technology applications. As Japan transitions into a super-aged society, demand for functional foods and precision health solutions continues to rise. In response, the Taiwanese delegation brought a focused approach to health and biotech applications, showcasing the R&D capabilities of Taiwan’s food-tech and precision nutrition sectors.

Ahead of the exhibition, HAOSHi worked with Sustainable Food Asia (SFA), a Japan-based organization engaged in sustainable food innovation, to arrange industry exchanges and company visits, giving the startups a more practical understanding of the local market. The trip also facilitated discussions between the Taiwanese teams and Japanese startups including Algalex, Eclipse Foods, and Morus, covering supply chain collaboration and market entry strategies. Through product demonstrations and tastings, the startups established initial business connections with companies in the cosmeceuticals, biotech, food manufacturing, and supply chain sectors.

The two organizations also co-hosted “Sustainable Food Night,” a networking event that drew around 30 representatives from established companies, startups, and investors. Discussions centered on collaboration opportunities in the agri-food tech sector across Taiwan, Japan, and Southeast Asia, with the broader aim of strengthening regional connectivity.

The three participating startups were Space Ark Bio, King Noodles, and Leeuwenhoek Laboratories, which specialize in fermentation applications, functional foods, and precision nutrition, respectively. Amber Lin, CEO of HAOSHi, said that the exhibition and in-market networking helped lay the groundwork for the startups to enter the market and support follow-up business discussions. The initiative also aligns with the goal of Startup Island Taiwan (SIT), which aims to connect Taiwanese startups more closely with the global innovation ecosystem.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agri-food-tech-startups-led-by-taiwans-haoshi-attend-sushi-tech-tokyo-2026-to-build-industry-and-investment-connections-302756448.html

SOURCE HAOSHi Accelerator

Continue Reading

Technology

DB HiTek to Participate in PCIM 2026, Strengthening Its Presence in the European Market

Published

on

By

Europe’s largest power semiconductor exhibition to be held in Nuremberg, Germany, from June 9 to 11Showcasing latest developments in SiC and GaN, highlighting its power semiconductor capabilities

SEOUL, South Korea, April 29, 2026 /PRNewswire/ — DB HiTek, a leading 8-inch pure-play foundry, announced its participation in PCIM (Power Conversion and Intelligent Motion) Europe 2026, the continent’s premier exhibition for power semiconductors. The event will take place in Nuremberg, Germany, from June 9 to 11 (local time), as the company continues expanding its presence in the European market.

Following its successful debut at PCIM in 2025—where the company held face-to-face meetings with dozens of customers to discuss process technologies and collaboration opportunities—DB HiTek is building on that momentum. With over 1,000 booth visitors last year and ongoing business discussions, the company expects these engagements to translate into tangible business results this year through continued partnerships.

At this year’s event, DB HiTek will present progress in its next-generation SiC (Silicon Carbide) and GaN (Gallium Nitride) processes. The company will also highlight its industry-leading BCDMOS (Bipolar-CMOS-DMOS) technology, a core strength of its power management portfolio. A robust schedule of meetings with global clients is already in place, reflecting continued growth in collaboration.

According to market research firm Yole Développement, the global SiC and GaN power semiconductor markets are set for rapid growth. The SiC market is projected to grow from approximately $4.8 billion in 2026 to $10.4 billion by 2030, representing a compound annual growth rate (CAGR) of 21%. Over the same period, the GaN market is expected to expand from $900 million to $2.9 billion, reflecting a CAGR of 33%.

DB HiTek started MPW (Multi-Project Wafer) runs for its SiC and GaN processes in December 2025, producing samples for more than 10 customer products. These were delivered between March and April 2026. Customer evaluations are underway, with feedback to be incorporated into final process verification. Full-scale mass production is scheduled to begin in 2027.

Currently, DB HiTek maintains mass production relationships with approximately 400 customers, primarily focused on its flagship power semiconductor products. The company also works with a broad client base using specialized image sensor technologies, including X-ray, Global Shutter, and SPAD (Single Photon Avalanche Diode). Its application mix is increasingly shifting toward industrial and automotive-grade products, reflecting growing demand from these sectors.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/db-hitek-to-participate-in-pcim-2026-strengthening-its-presence-in-the-european-market-302754538.html

SOURCE DB HiTek

Continue Reading

Technology

LG Display’s 27-inch DFR Gaming OLED panel wins SID’s ‘Display of the Year’

Published

on

By

SEOUL, South Korea, April 28, 2026 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced that its 27-inch 540/720Hz Dynamic Frequency & Resolution (DFR) Gaming OLED panel has been awarded “Display of the Year” by the Society for Information Display (SID), receiving high acclaim for redefining the gaming display paradigm and accelerating market differentiation.

The “Display of the Year” award is SID’s most prestigious distinction, presented to the most groundbreaking display product launched during the previous year that is expected to lead the future of the industry.

This achievement recognizes LG Display’s new user-centered display paradigm. The product’s standout feature is the company’s proprietary DFR technology, which allows users to freely select the mode that suits their preferred gaming style.

High-refresh-rate mode particularly proves its value in game genres where rapid screen transitions are essential and victory is decided in a split second — like first-person shooters or racing games. By supporting an industry-leading refresh rate of 720Hz with HD resolution, this mode eliminates ghosting and motion blur even in the fastest scenes, enabling overwhelming gaming performance.

High-resolution mode provides an optimized visual experience for games based on stunning graphics. It simultaneously delivers QHD resolution and a 540Hz refresh rate. To overcome the conventional limitation where picture quality drops once the refresh rate exceeds 500Hz, LG Display applied a proprietary algorithm, securing the two core elements of a high refresh rate and high picture quality.

As a result, the panel obtained ClearMR 21000 certification, the highest rating from the Video Electronics Standards Association (VESA).

“Our goal is to continue leading the gaming display market by leveraging LG Display’s differentiated OLED technologies and relentless pursuit of innovation,” said Young-seok Choi, Chief Technology Officer of LG Display.

SID is the world’s largest display society with more than 7,000 industry experts, researchers, and professors. It hosts Display Week annually, featuring new technologies, product exhibitions, and academic presentations. SID Display Week 2026 will take place in Los Angeles, California from May 3 to 8.

※ LG Display 27-inch 540/720Hz (DFR) OLED Gaming Monitor Panel Specifications

Category

High-refresh-rate mode

High-resolution mode

Peak Brightness

1,500nits

1,500nits

Refresh Rate / Resolution

720Hz / HD

540Hz / QHD

Response Time

0.02ms

0.02ms

 

About LG Display
LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Team Leader, Communication Team
Email: hjy05@lgdisplay.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lg-displays-27-inch-dfr-gaming-oled-panel-wins-sids-display-of-the-year-302755502.html

SOURCE LG Display

Continue Reading

Trending