Sify Infinit Spaces announces the appointment of Mark Adams as Non-Executive and Non-Independent Director on the Board
Rhea-AI Summary
Sify Infinit Spaces Limited (SISL), a subsidiary of Sify Technologies Limited (NASDAQ: SIFY), has appointed Mark Adams as Non-Executive and Non-Independent Director to its Board. Adams brings significant experience as the former Chief Development Officer of Equinix, where he grew revenue from $33.87B to $396.64B over 10 years.
Adams currently serves as Senior Advisor to Global Infrastructure Partners (Blackrock) and Board Advisor for Cyrus One and True IDC. His extensive background includes expertise in Corporate Strategy, M&A, and Real Estate investment in the data center industry. The appointment aims to leverage his experience in scaling SISL's hyperscale and enterprise business operations.
Positive
- Former Equinix executive who drove revenue growth from $33.87B to $396.64B
- Brings extensive M&A and real estate investment experience in data center industry
- Currently holds advisory positions with major infrastructure players including Blackrock
- 25 years of established presence in serving global leaders in India
Negative
- None.
News Market Reaction 7 Alerts
On the day this news was published, SIFY gained 9.14%, reflecting a notable positive market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $68M to the company's valuation, bringing the market cap to $810M at that time.
Data tracked by StockTitan Argus on the day of publication.
CHENNAI, India, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Board of Sify Infinit Spaces Limited (SISL), a subsidiary of Nasdaq listed Sify Technologies Limited (Nasdaq: Sify), today welcomed global data center technology advisor, consultant and practitioner, Mr. Mark Adams, to join the Board as Non-Executive and Non-Independent Director.
Mr. Adams is a global strategy and M&A executive with decades of experience specializing in Communications Infrastructure and Technology across companies.
Previously, Mark was Chief Development Officer of Equinix for 10 years growing its revenue from
Mr. Adams is currently a Senior Advisor to Global Infrastructure Partners, a part of Blackrock, and a Board Advisor for Cyrus One and True IDC. He is a Founder and Director of Kasi Cloud, a DC start-up based in Nigeria and a Director of 10,000 Degrees, a Bay Area non-profit creating educational opportunities for students from low-income backgrounds. He is also a Lecturer at the Haas School of Business at the University of California, Berkeley.
Mr. Adams has an M.B.A. with Distinction from the Wharton School of the University of Pennsylvania and a B.A. in Economics with Distinction from Cornell University.
Welcoming him to the Board, Chairman, Mr. Raju Vegesna, “Mark brings to the table a combination of business with multi-geography exposure and technology foresights at some of the finest peers in the Data Center industry. Mark’s experience will be especially relevant as he works with the Board on strategy and with the senior leadership at SISL in scaling our hyperscale and enterprise business. SISL’s will bank heavily on this accumulated experience to build out clear value for multiple verticals.”
Remarking on his appointment, Mr. Adams concurred, “I am happy to join the Board of Sify Infinit Spaces Limited, which is at an inflection point on its data center trajectory. It has established an excellent position over 25 years, in the delivery of capacity to global leaders here in India while effectively serving the Enterprise customers and a strong interconnection services play. It is now time to scale that potential.”
About Sify Infinit Spaces Limited
Sify Infinit Spaces is Sify Technologies’ subsidiary specifically catering to the colocation demands of Hyperscalers, Enterprises and neo-Cloud prospects. Currently, the portfolio hosts 14 Data Centers across 6 cities as on June 2025.
SISL’s infrastructure comprises Data Centers, partnership with global technology majors and expertise in business transformation solutions modelled on the cloud. We have a diversified client base of over 500 clients, as of June 30, 2025, which comprises a mix of prominent Hyperscaler and Enterprise clients.
Sify, www.sify.com, www.sifyinfinitspaces.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.
For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2025, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.
For further information, please contact:
| Sify Technologies Limited Praveen Krishna Investor Relations & Public Relations +91 9840926523 praveen.krishna@sifycorp.com | 20:20 Media Nikhila Kesavan +91 9840124036 nikhila.kesavan@2020msl.com | Luri Group Lucia Domville 646.824.2856 lucia.domville@lurigroup.co |
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