Iron Mountain Boston News

Photonic computing company Lightmatter has now been crowned a Unicorn, raising $155 million at a $1.2 billion valuation. This funding is part of the series C investment round, which helped the company raise $154 million in May, successfully tripling the company’s value at the time. Overall, Li...

Iron Mountain is to convert one of its former records management facilities in Miami, Florida, into a data center that will offer 16MW.  Iron Mountain CEO William L. Meaney said during the company's Q3 2023 earnings call last week, “Miami is a key market where a number of our customers are loo...

Web Werks and Iron Mountain recently purchased a four-acre parcel of land in the Ambattur area of Chennai, India for the construction of two data center campuses. These parcel will support two buildings called  CHE-1 and CHE-2 which will be built to Tier III standards and will support a total ...

Iron Mountain has signed a 24/7 PPA agreement with Rye Development, a US hydropower developer, for 150 ME of power over the next ten years from a number of the developer's low-impact hydroelectric projects. Rye Development seeks to integrate power generation capabilities into existing dams wi...

Web Werks and Iron Mountain plan to invest 170 million dollars in a data facility in Navi Mumbai, India. The envisioned facility, Mumbai-3, will have a 32MW capacity and be constructed to Tier III specifications. The JV already owns a five-acre parcel to develop the data center, which is antic...

Iron Mountain will procure solar energy for its Dutch campus following the signing of a PPA with local energy company Sunrock, the largest developer of rooftop solar deployments in the Netherlands. Through the deal, the data center company will source energy from a 4MW solar system, which has...

Iron Mountain has announced that, through a partnership with RPD Energy, it has made a "landmark series of transactions" meaning that the company will obtain 24/7 carbon-free energy (CFE) electricity procurement. The US renewable provider RPD Energy will be the lead architect of renewable ene...

Iron Mountain has announced the acquisition of XData Properties of Spain. The acquisition sees the company take over a data center in Madrid, Spain. Iron Mountain also acquired land in Phoenix, Arizona, and Mumbai, India in a separate acquisition . XData was developing the large data center be...

Iron Mountain Data Centers has added another layer to its sustainability efforts, after it secured BREEAM design certification for its Phoenix, AZ (AZP-2) data center. This makes the data center company the first in North America to receive "top tier certification" for sustainable constructio...

US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year pe...

Iron Mountain is expected to invest $150 million over the next two years in a joint venture with Web Werks. Web Works is one of India’s top colocation data center providers. Iron Mountain, which is a storage and information management services company first announced its plan to invest on Febr...

Iron Mountain Inc. completed its acquisition of the U.S. operations of Phoenix-based IO Data Centers LLC on Wednesday. Iron Mountain (NYSE: IRM), the Boston-based storage and information management services company, bought IO for $1.34 billion. Iron Mountain announced the acquisition Dec. 11. ...