AcquisitionsBusinessTechnology

Global IT Leader NTT DATA Acquires Londonderry’s Alchemy Technology Services

Londonderry’s Alchemy Technology Services has been acquired by global IT leader NTT DATA in a move expected to create significant job growth in Northern Ireland. The acquisition will establish Derry as a center of excellence for global insurance technology transformation projects.

Major Global Acquisition for Northern Ireland Tech Sector

Londonderry-based Alchemy Technology Services has been acquired by global IT and business services giant NTT DATA, according to reports from BBC Radio Foyle. The Japanese multinational IT service and consulting company stated that the move will see Alchemy’s team work on major transformation projects for insurers worldwide, marking a significant development for Northern Ireland’s technology sector.

InfrastructureTechnology

Hyperscale Data Centers Shift to 21-Inch Rack Standard for Enhanced AI Cooling Capabilities

Major cloud providers are transitioning to 21-inch rack formats to address cooling challenges in AI-optimized data centers. According to industry reports, the larger standard enables better airflow and direct-to-chip liquid cooling while accommodating modular server architectures. Analysts project the format will dominate server shipments by the end of the decade.

Industry Shift Toward Larger Rack Formats

Hyperscale data center operators are increasingly adopting 21-inch rack formats to meet the demanding cooling requirements of artificial intelligence infrastructure, according to recent industry analysis. Reports indicate that major cloud service providers including Microsoft, Amazon, Meta, Google, ByteDance, Huawei, and Oracle have standardized on the larger format, which originated through the Open Compute Project (OCP).