HSBC Scraps Datacenter Plans

Waters (Dec 21 2009) Construction , Networking

1. In February HSBC was granted permission to start the building of a new $300 million datacenter in York, England. The proposed 325,000 square-foot campus was planned for completion by the end of 2010, early 2011. But HSBC has dropped plans for the expansion. The York site would've been paired with another datacenter in Yorkshire, but the bank felt that it could fulfill its current data-storage needs with its current network of datacenters. "We have determined that we can meet our foreseeable short and medium-term European business needs with this expanded capacity and through better utilization of our global data center network," says chief technology and services officer Ken Harvey in a release. (Read Full Article)

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