A PYMNTS Company

EU: Google to invest €3B in data centers

 |  September 22, 2019

Google will make an additional investment of €3 billion (US$3.3 billion) over the next two years to expand its European data centers, Chief Executive Sundar Pichai said in Finland.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    According to Reuters, the investment plan includes an additional €600 million (US$661.2 million) investment in the Hamina data center in Finland, bringing the total investment in the site to €2 billion (US$2.2 million), Finland’s Prime Minister Antti Rinne told the joint news conference.

    “This is fantastic news for Finland,” Rinne said. 

    Google already has one data center in Hamina, where it invested €800 million (US$881.6 million) to convert an old paper mill. It stated in May it would invest €600 million (US$661.2 million) in a new data center on the same site.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.