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 OpenAI president Greg Brockman quits as the company fires CEO
OpenAI president Greg Brockman quits as the company fires CEO

OpenAI president Greg Brockman quits as the company fires CEO

November 20, 2023 San Francisco Bay Area

OpenAI's co-founder and president, Greg Brockman, has quit the company after the board suddenly fired CEO Sam Altman last week. Brockman, who was initially made to step down as board chairman, has left the company. The board is yet to disclose the exact reason for firing Altman as the company...

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Read OpenAI co-founder Sam Altman fired from the company
OpenAI co-founder Sam Altman fired from the company

OpenAI co-founder Sam Altman fired from the company

November 19, 2023 San Francisco Bay Area

OpenAI co-founder Sam Altman has been fired as CEO of the artificial intelligence startup as the board denounces confidence in his leadership. In a statement released by the company, the board noted that it “no longer has confidence in his ability to lead.” Mira Murati, OpenAI’s chief technology...

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Read Developers in San Jose, California, switch hotel plans for data center development
Developers in San Jose, California, switch hotel plans for data center development

Developers in San Jose, California, switch hotel plans for data center development

August 08, 2023 San Francisco Bay Area

Plans for an entertainment district development in San Jose, California, have been scrapped and replaced with data center plans, it has been announced. Back in 2018, developer Terra Ventures had initially pitched for development known as 'Shops @ Terra'; this would have been an entertainment...

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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 North San Jose Slated to Receive New Data Centers
North San Jose Slated to Receive New Data Centers

North San Jose Slated to Receive New Data Centers

May 12, 2023 San Francisco Bay Area

This week, the San Jose City Council unanimously authorized plans for a sophisticated manufacturing complex and data centers in North San Jose. Denver-based STACK Infrastructure plans to destroy two industrial buildings on a nearly 10-acre parcel, including a former Olympus service center, and...

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Read Silicon Valley Sees Surge in Data Center Construction as Tech Giants Expand Operations
Silicon Valley Sees Surge in Data Center Construction as Tech Giants Expand Operations

Silicon Valley Sees Surge in Data Center Construction as Tech Giants Expand Operations

April 18, 2023 San Francisco Bay Area

Silicon Valley is experiencing a surge in the construction of data centers, according to a report by real estate services firm Cushman & Wakefield. At the end of last year, 17 new data centers were either under construction or in development, with a total planned area of 4.7 million square...

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Read Third Completely Diverse Dark Fiber Route Added to Bandwidth IG's San Francisco Bay Area network
Third Completely Diverse Dark Fiber Route Added to Bandwidth IG's San Francisco Bay Area network

Third Completely Diverse Dark Fiber Route Added to Bandwidth IG's San Francisco Bay Area network

April 06, 2023 San Francisco Bay Area

With the construction of its dark fiber network, Bandwidth Infrastructure Group (Bandwidth IG) is enhancing connection options for the San Francisco Bay Area's densely populated area of data centers. Critical fiber infrastructure is now available from Santa Clara in the San Francisco Bay Area to...

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Read CIM Group Lists a 24MW Purpose-built Data Center For Lease in San Francisco
Baxtel

CIM Group Lists a 24MW Purpose-built Data Center For Lease in San Francisco

September 05, 2022 San Francisco Bay Area

JLL and CIM Group have listed a new purpose-built data center for lease. The data center is located at 400 Paul Avenue in San Francisco, California. The data center offers 24MW of power across 182,250 square feet of two-story powered shell building on 7.3 acres. Per additional information in 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 Material and labor shortages in the data center
Material and labor shortages in the data center

Material and labor shortages in the data center

June 14, 2022 San Francisco Bay Area

As the need for data grows and grows, demand for data center construction is as strong as ever, however, the boom is being hampered by a number of factors, including supply and labor shortages, and price hikes. In a recent report named 'Data center market conditions update - Q1, 2022,'...

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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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