Data Center News

Read DataBank Raises $2bn for Dallas Data Center Buildout
DataBank Raises $2bn for Dallas Data Center Buildout

DataBank Raises $2bn for Dallas Data Center Buildout

April 22, 2026 Dallas

US data center firm DataBank has secured new financing to support the build-out of three data centers in Dallas, Texas. The company this week announced it has obtained a $2 billion loan to fund construction of the first three facilities at its new Red Oak campus. DataBank said the deal represents...

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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 Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park
Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

June 18, 2025 Dallas

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential. “This particular piece of...

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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 Fort Worth Data Center For Sale Following Bankruptcy
Fort Worth Data Center For Sale Following Bankruptcy

Fort Worth Data Center For Sale Following Bankruptcy

February 02, 2023 Dallas

Following a bankruptcy filing, a recently converted data center is for auction. This week, Hilco Real Estate declared March 23, 2023, as the deadline for qualifying bids for the Chapter 11 bankruptcy sale of a newly converted flex industrial facility into a data center. Built in 2018 on a...

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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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