Market briefs: NextDC new data centre site, Objective implements uEngage, Mnet director resigns
- 23 March, 2011 09:10
NextDC executes data centre site contract
Data centre operator, NextDC (ASX:NXT), has executed the contract to acquire the land needed to build a new data centre in Northern Sydney, and has now started due diligence on the deal.
NextDC announced last week that it planned to buy a data centre site in North Sydney by April. The seller has not been named.
The company has just completed a $33.6 million funding round, of which $12 million is expected to go to purchasing this land.
NXT shares grew 0.32 per cent on Tuesday to $1.550.
Objective implements uEngage for WA govt
IT services provider, Objective Corp (ASX:OCL), has implemented its uEngage suite with the state of Western Australia to help oversee a public consultation.
The content, collaboration and process management company said WA will use uEngage as part of its public consultation on the Browse Liquefied Natural Gas Precinct.
The cloud-based solution will be used for the distribution of consultation documents to residents and for enabling public comments, Objective added.
OCL shares stayed flat on Tuesday at $0.230.
Mnet director resigns
Mobile applications and services company, Mnet Group (ASX:MNZ), has announced the resignation of director Bruno Fiorentini.
Fiorentini had been sitting at the board as a representative of major shareholder Yahoo!7, but has now resigned his post as Yahoo!7 COO, Mnet said.
He had been with Mnet for the last four and a half years.
MNZ shares grew 4.35 per cent on Tuesday to $0.048.