Parks S/A to Invest R$500 Million in 5MW Tier III Data Center in Southern Brazil

Brazilian telecoms equipment manufacturer Parks S/A is making a strategic entry into the data center market, committing 500 million reais (approximately $98.3 million) to build a new Tier III facility in Cachoeirinha, a city within the Porto Alegre metropolitan area in the state of Rio Grande do Sul. The investment underscores the growing demand for localized, high-availability digital infrastructure in South America, particularly as cloud computing and artificial intelligence workloads expand a