Microsoft Will Invest $1 Billion In Greece To Build Three Data Centers

- Oct 08, 2020-

Microsoft Will Invest $1 Billion In Greece To Build Three Data Centers

 

The US technology giant Microsoft announced on October 5 that it will build three data centers in Athens, Greece, with an investment of up to $1 billion. This is Microsoft's largest investment in Greece in the past 28 years. Microsoft President Brad Smith and Greek Prime Minister Mizotakis attended the signing ceremony held at the Acropolis Museum that day.

 

Microsoft Will Invest $1 Billion In Greece To Build Three Data Centers


According to reports, according to the agreement, Microsoft will build three large digital data storage centers near Athens. Microsoft and the Greek government negotiated for nine months to finalize this huge plan, including the provision of digital skills training for approximately 100,000 Greek government and private sector personnel, educators, and students.

 

Microsoft currently has data centers in 26 countries and regions around the world, including 7 EU countries. Greek Prime Minister Mizotakis said at the signing ceremony that he welcomes this “significant innovative investment”, which will make Greece one of the few “cloud computing centers” in the world, and it is important for employment, scientific research and retention. Talent has a positive effect.

 

With the construction and promotion of 5G and the rise and development of data center, the market demand for optical communication products and devices is exploding, and higher requirements are placed on quality and performance.

 

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