Data Center News

Read 365 Data Centers CEO Bob DeSantis to Retire
365 Data Centers CEO Bob DeSantis to Retire

365 Data Centers CEO Bob DeSantis to Retire

October 07, 2025 365 Data Centers

Bob DeSantis, the co-founder and CEO of US operator 365 Data Centers, is to retire. The company announced the news this week, and DeSantis has initiated the transition of his responsibilities to the company’s chief revenue officer, Derek Gillespie, and CFO Steve Amelio, who has been promoted to...

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Read Centersquare sued by investment manager CenterSquare
Centersquare sued by investment manager CenterSquare

Centersquare sued by investment manager CenterSquare

December 20, 2024 Philadelphia

Philadelphia-based investment manager CenterSquare has filed a trademark infringement lawsuit against data center firm Centersquare. The lawsuit, filed on August 24, includes allegations of cybersquatting, or using a domain name too similar to a protected trademark with the intent to profit from...

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Read Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania
Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

Wells Fargo relocates, exiting office and data center in Philadelphia, Pennsylvania

July 07, 2023 Philadelphia

Wells Fargo has announced that it is exiting its lease at the Philadelphia Plaza building at 101 N. Independence Mall, leaving its office and data center and relocating to offices in Two Logan Square and Commerce Square.According to the company, no layoffs are set to take place, and there will be...

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Read 365 Data Centers Planned Tampa Campus Expansion
365 Data Centers Planned Tampa Campus Expansion

365 Data Centers Planned Tampa Campus Expansion

June 20, 2023 365 Data Centers

365 Data Centers is constructing an additional data center space at its Tampa, Florida, site. The Tampa Internet Exchange and 25 carriers are housed in the Franklin Exchange building at 655 North Franklin Street, the campus location. The company's current market footprint will double due to the...

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Read 365 Data Centers To Acquire Major Stake in Sungard US for $52.5m
365 Data Centers To Acquire Major Stake in Sungard US for $52.5m

365 Data Centers To Acquire Major Stake in Sungard US for $52.5m

August 04, 2022 365 Data Centers

365 Data Centers is looking to acquire the major stake in Sungard's US networking and colocation business. Earlier in the year, Sungard US, Canadian, and UK operations filed for bankruptcy. The company also sold most of its UK operations to MSP Redcentric and UK telecommunication company Daisy...

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Read 365 Data Centers completes round of debt refinancing
365 Data Centers completes round of debt refinancing

365 Data Centers completes round of debt refinancing

December 14, 2021 365 Data Centers

365 Data Centers has announced that it completed a round of debt refinancing while also raising new funds. The firm refinanced all its existing debt. It also secured more funds from ING Capital LLC, TD Securities, CIT Group, Boundary Street Capital, and Regions Capital Markets. 365 Data Centers...

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Read 365 Data Centers Appoints Steve Oakie as Chief Revenue Officer
365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

May 26, 2021 365 Data Centers

365 Data Centers has announced that it has appointed Steve Oakie as Chief Revenue Officer. With over 20 years of experience leading technology sales and marketing teams, Oakie will be responsible for revenue generation and retention and driving long-term customer and partner relationships. He...

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Read 365 Data Centers Acquires Atlantic Metro
365 Data Centers Acquires Atlantic Metro

365 Data Centers Acquires Atlantic Metro

November 16, 2020 365 Data Centers

365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, announces its acquisition of Atlantic Metro Communications, which provides tailored colocation, network and cloud services to large and mid-size enterprises. While continuing...

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Read Stonecourt Capital Acquires a Majority stake in 365 Data Centers
Stonecourt Capital Acquires a Majority stake in 365 Data Centers

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

October 06, 2020 365 Data Centers

Private equity investor Stonecourt Capital has acquired a majority stake in 365 Data Centers. The original investors (Lumerity Capital and Longboard Advisors) have reinvested into 365. However, Chirisa Investments and Turning Rock Partners have exited as investors.365 Press Release is below:...

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Read 365 Data Centers Acquired Chirisa Investments (PR)
365 Data Centers Acquired Chirisa Investments (PR)

365 Data Centers Acquired Chirisa Investments (PR)

April 25, 2017 365 Data Centers

GREENWICH, Conn., /PRNewswire/ -- An investor group, led by Chirisa Investments in partnership with Lumerity Capital LLC and Longboat Advisors LLC, announced today that it has acquired 365 Data Centers, a leading provider of data center solutions for carrier, content and cloud customers in eight...

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