Switzerland - CybAI news

14 Aug

InfraVia Weighing Sale of €1 Billion Swiss Data Center Operator

stp2y0 CommentsRAG modelsbusiness, Capital Partners, deals, europe, finance, Markets, Private Equity, Switzerland, Technology

French private equity firm InfraVia Capital Partners is considering a sale of Swiss data center operator Green, according to people with knowledge of the matter. InfraVia is working with advisers on the potential divestment, which could value the company at about €1 billion ($1.1 billion), said the people, who asked not to be identified as the information is private. Source link lol

Swiss Chipmaker U-Blox to Review Options for Connectivity Unit

stp2y0 CommentsRAG modelseurope, infrastructure, Stephan Zizala, Switzerland, Technology, U-BLOX HOLDING AG, Utilities

Swiss chipmaker U-Blox Holding AG will review strategic options for its connectivity business and plans to expand a cost-cutting initiative, citing “muted” market conditions. U-Blox didn’t elaborate on its plans for the connectivity unit, which sells modules that can be built into equipment used to operate cellular networks. It said Wednesday that revenue declines in the business was “more pronounced” than for overall sales. The stock dropped as much as 3.1% before rebounding. Source link lol

French Power Export Curbs Could Boost Prices for Neighbors

stp2y0 CommentsRAG modelsBelgium, energy, europe, Exports, France, Generic 1st 'XW' Future, germany, Italy, Markets, Switzerland, Technology

French electricity grid limitations will constrain power exports from Monday for more than two months, threatening higher prices in neighboring countries. The curbs that run until October will impact exports to Belgium, Germany, Switzerland and Italy. Similar limitations this spring led to record spreads between France’s day-ahead power price and its neighbors. Source link lol