Verne Global Explained

Verne Global
Former Name:Verne Incorporated
Type:Private
Location City:London
Location Country:United Kingdom

Verne Global is a UK-headquartered company that provides data center solutions for enterprise and hyperscalers. It provides colocation and cloud services to a variety of enterprises and hyperscalers across financial services, earth sciences, life sciences, engineering, scientific research and AI including BMW, Volkswagen, Earlham Institute, DeepL, Peptone, Threatmetrix, Datto

Overview

Verne Global operates a 40-acre data center campus near Keflavik in Iceland commissioned in 2012.[1] It provides an environment for high performance computing (HPC), supercomputing and other high intensity computing workloads, as well as complete life-cycle support.[2]

The company's datacenter in Iceland is powered with 100% renewable energy.[3] The company is ISO 27001 certified, PCI compliant and HIPAA compliant.

When Digital 9 Infrastructure (D9I) acquired it in September 2021, the company was controlled by a consortium formed by Novator Partners, General Catalyst Partners, The Wellcome Trust and Iceland-based Stefnir. In March 2024, a year after D9I agreed to sell it for $575 million,[4] [5] it was announced that the acquisition of Verne by Paris-based private equity firm Ardian had been completed.[6]

Location

Verne Global is located on the site of the former Naval Air Station Keflavik, which more recently served as a NATO airbase.[7] Considered the lowest risk data center location globally by Cushman and Wakefield in 2016, Iceland is connected via different subsea cables to North America (via Greenland Connect), Europe (via DANICE), the UK (via FARICE), and Ireland (via IRIS).[8]

Sustainability

Iceland's power grid is fuelled by 100% renewable energy in the form of hydro-electric and geothermal power.[9] Verne Global capitalises on Iceland's natural supply of renewable energy to fuel its energy-intensive operations, and mitigate the environmental effects of running artificial intelligence and machine learning workloads.

Iceland's temperate climate also means the data center campus utilises free air cooling to keep its hardware cool all year round.[10]

Technology Partners

Note

Notes and References

  1. Web site: Verne Global officially opens Iceland data center. 2021-08-03. www.datacenterdynamics.com. en.
  2. Web site: Our Services. 2021-08-03. Verne Global. en-US.
  3. Web site: Verne Global - Climate Action. 2021-08-03. www.climateaction.org.
  4. Web site: UK's Digital 9 sells stake in Verne Global, initiates strategic review. 27 November 2023. Reuters. 9 December 2023.
  5. Web site: Sebastian . 2024-03-22 . Ardian acquires data centre platform Verne in £450m deal . 2024-03-22 . Private Equity Insights . en-US.
  6. Web site: Ardian completes acquisition of Verne from D9, promises data center expansion. Data Center Dynamics. 2024-03-22. en.
  7. Web site: Moving HPC into a military base. 2021-08-03. www.datacenterdynamics.com. en.
  8. Web site: albert.thor250. Company history. 2021-08-03. Farice. en-GB.
  9. Web site: 2012-11-06. Iceland: A 100% renewables example in the modern era. 2021-08-03. RenewEconomy. en-AU.
  10. Web site: 2015-01-13. Verne Global builds on Iceland's potential as a data centre hub. 2021-08-03. Tech.eu. en-GB.
  11. Web site: Verne Global Achieves Dell Technologies Platinum Partner Status. 2021-08-03. HPCwire. en-US.

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