Holding News

Ambercore DC UAB lays the cornerstone in developing TIER III data center facility in Lithuania, and forms a co-marketing initiative with IBM to reach growth market clients across the globe

Vilinius, Lithuania -- Jan 07, 2014 / (http://www.myprgenie.com) --  AmberCore DC UAB of Lithuania announced today it has executed an agreement with IBM to design a state-of-the-art TIER III data center facility near Vilnius, Lithuania (AmberCore DC Facility). The companies will work together to highlight advantages of having Lithuania as a viable option for worldwide clients wishing to house data in a geographically and politically safe environment both when looking to set up managed services and co-location presence, or when seeking to economically set up recovery and resilience operations.

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Satgate UAB Selects Red Engineering to Design and Supervise $60 million Tier III Data Center Project in Baltic Region

New York, NY -- Dec 05, 2012 / (http://www.myprgenie.com) -- London. Dec. 5, 2012. Satgate UAB of Vilnius Lithuania announced today that it has selected International Engineering Consultant Red Engineering Design as the technical advisor, designer and supervisor to Satgate UAB for development of an advanced data center in the Baltic States. The $60 million project called Amber Core DC has been under development since 2011.
According to the agreement, Red Engineering will provide professional services in selection and implementation of the latest and most effective data center technologies for the project.

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Satgate UAB Selects Broad Street Capital Group to Advise on $60 million Tier III Data Center Project Planned for Baltic Region

NEW YORK -- Oct 11, 2012 / (http://www.myprgenie.com) -- (New York City)  Satgate UAB of Vilnius, Lithuania announced today that it selected Broad Street Capital Group as its exclusive financial advisor for development of a state-of-the-art data center in the Baltic States. The proposed $60 million project called Amber Core DC will launch in November and will be financed through a combination of owner and investor equity, combined with senior debt from commercial banks and U.S. export trade finance.
PACT Consulting Inc., an internationally renowned aerospace and telecommunications consultancy based in Bethesda, Md., has been named marketing consultant and will be responsible for introducing key anchor clients to the project.

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