21Vianet Looks for New Chapter With Name Change

Shareholders approve VNET Group as company’s new name, marking latest adjustment in year of change for data center laggard Key takeaways 21Vianet’s shareholders have approved changing its name to VNET Group Move marks the latest change for the company, following arrival of new CFO in April and recent departure of its COO By Doug Young With all the turbulence in U.S.-China relations, 2021 could well go down as the year of the name change for U.S.-listed Chinese companies. Data center stalwart 21Vianet Group Inc. (VNET.US) has become the latest Chinese…

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Government Environmental Priorities Put the Heat on Datacenter Operators

Recently-listed Chinadata looks most advanced among China’s top three independent operators in heeding calls to reduce carbon emissions Key Takeaways GDS Holdings remains the market leader among China’s major independent datacenter operators Chinadata could be best positioned to respond government carbon-reduction demands that could radically alter land-use and operating-efficiency strategies By Eric Auchard A major shift is shaping up in the real-world land grab by China’s major datacenter operators. While they may seem techy, datacenter operators have much in common with property developers: Their strategy boils down to buying up…

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