window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-74669367-1');

News in English

D9 to invest a further $93 million in Verne Global after buying the company in 2021 for £231 million in cash

Verne’s campus in Keflavik to reach 40MW. In September 2021 it was announced that D9 had bought Verne Global for £231 million in cash Digital 9 Infrastructure (D9) is to invest an additional $90 million in Icelandic data center firm Verne Global to fund further expansion. D9, managed by Triple Point Investment Management, acquired Verne

By |2022-01-12T15:19:05+00:00January 12th, 2022|News, Uncategorized|Comments Off on D9 to invest a further $93 million in Verne Global after buying the company in 2021 for £231 million in cash

The bank BNP Paribas selected Iceland because of the 100% renewable energy and cool climate

Sustainability is at the heart of modern banking operations and financial institutions are closing large in-house data centers to move to hybrid compute environments to keep their digital carbon footprint to a minimum. Iceland, with its cool climate and abundance of 100% renewable energy, has become an appealing location for hosting the world’s most valuable

By |2022-01-12T15:02:30+00:00January 12th, 2022|News|Comments Off on The bank BNP Paribas selected Iceland because of the 100% renewable energy and cool climate

Survey operations completed and Thorlakshofn selected as landing site in Iceland

On August 21st survey operations for the IRIS cable system were completed when the survey vessel Ridley Thomas ported at Reykjavík Harbour.  Ridley Thomas had spent 12 weeks surveying the second phase of the survey from the Irish EEZ to Iceland’s landing site. Iceland’s landing site was carefully selected, and several of potential options explored

By |2021-09-03T13:43:08+00:00September 1st, 2021|Iris, News, Press releases|Comments Off on Survey operations completed and Thorlakshofn selected as landing site in Iceland

Farice and SubCom announce contract-in-force for IRIS, newest undersea cable to link Iceland to Europe

IRIS will offer increased security, redundancy, wholesale capacity linking Iceland with Ireland Eatontown, NJ, USA and Reykjavik, Iceland – April 5, 2021 – SubCom and Farice ehf today announced that a contract is in force for the supply and installation of IRIS, a new high-speed undersea cable system connecting Iceland and Ireland. Farice is an

By |2021-04-07T09:39:34+00:00April 6th, 2021|Iris, News, Press releases|Comments Off on Farice and SubCom announce contract-in-force for IRIS, newest undersea cable to link Iceland to Europe

ESA approves aid for third submarine cable connecting Iceland with Europe

The EFTA Surveillance Authority (ESA) has today approved a capital increase of an estimated EUR 50 million to Farice, a state-owned provider of international telecommunications services, for the construction of the IRIS submarine cable. Iceland’s telecommunications and internet traffic is currently dependent on two submarine cables – FARICE-1 and DANICE – that connect the country

By |2021-04-07T11:35:27+00:00March 26th, 2021|Iris, News|Comments Off on ESA approves aid for third submarine cable connecting Iceland with Europe

A new submarine cable from Iceland to Europe in preparation

The Telecommunication Fund of Iceland and Farice ehf, the operator of two submarine cables to Iceland, have recently signed a DTS (Desk Top Study) work agreement. The DTS work involves selecting landing sites for a new submarine cable to Europe as well as project management for a seabed survey expected to take place in

By |2020-11-29T14:09:56+00:00January 28th, 2019|News, Press releases|Comments Off on A new submarine cable from Iceland to Europe in preparation

How and why BMW and VW chose Iceland

Computer aided design done in Iceland See how BMW and VW took advantage of Iceland's unique resources for power intensive calculations that is a part of the car design process in the modern time.  Mrs. Anastasia Alexandrivna did this at UTMESSAN a large ITC conference in Reykjavik Iceland January 2018.

By |2020-11-29T14:10:18+00:00February 13th, 2018|News|Comments Off on How and why BMW and VW chose Iceland

Farice supplies 10Gbps Link to BT to Boost Broadband Capacity to the Shetland Islands

Farice  in co-operation with the Faroese Telecom has now connected the Shetlands with a new 10Gbps link in October 2016 The news was published in ISP review recently.  The diverse backhaul from Shetland to Northern Scotland  is provided by Farice over the FARICE-1 submarine cable to Faroe Islands and extended from the Faroe Islands to the Shetlands

By |2021-03-24T11:16:01+00:00January 19th, 2016|News|Comments Off on Farice supplies 10Gbps Link to BT to Boost Broadband Capacity to the Shetland Islands
Go to Top