Data Center News

Read Compass completes ROOT integration
Compass completes ROOT integration

Compass completes ROOT integration

May 06, 2020 Compass Datacenters

Compass has announced on their blog that they have completed the integration of the ROOT data centers. ROOT was acquired in July 2019. The announcement states, "Over the past few months, we’ve been hard at work integrating the two companies’ construction, operations, marketing, and sales teams....

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Read Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)
Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

April 30, 2020 Sabey Data Centers

Sabey Data Centers, one of the largest privately-owned multi-tenant data center owner/developer/operators in the United States, announced today that it has completed a major financing by successfully completing its inaugural issuance of $800 million in securitized notes. Structured by Guggenheim...

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Read Google Slows Hiring for Remainder of 2020
Google Slows Hiring for Remainder of 2020

Google Slows Hiring for Remainder of 2020

April 15, 2020 Google

Google has announced a significant slow down in new staff hires. Bloomberg published an email from CEO Sundar Pichai which details its plan to recalibrate hiring because of the economic slowdown. In 2019, Google hired 20,000 people and had planned to hire an additional 20,000 employees. The...

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Read Vantage Acquires NGD, one of Largest Data Centres in Europe
Vantage Acquires NGD, one of Largest Data Centres in Europe

Vantage Acquires NGD, one of Largest Data Centres in Europe

April 07, 2020 Vantage Data Centers

Vantage has announced it is set to acquire Next Generation Data (NGD), one of the largest data centres in Europe. The NGD campus is in the Cardiff Capital Region in South Wales.The acquisition provides Vantage with one of Europe’s largest data center campus totaling 180MW, including an existing...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

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Read Digital Realty completes Acquisition of Interxion, a European Colocation Provider
Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

March 13, 2020 Digital Realty Trust

Digital Realty Trust has closed its acquisition of Interxion. Interxion was one of the largest independent colocation providers in Europe. It was a smart pick up by Digital. The Interxion portfolio includes many densely interconnected buildings which will include Frankfurt, Madrid, Vienna,...

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Read Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets
Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

February 10, 2020 Vantage Data Centers

Vantage Data Centers announced its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under...

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Read Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico
Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

January 09, 2020 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....

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Read DataBank Announces $185 Million Equity Investment from Colony Capital (PR
DataBank Announces $185 Million Equity Investment from Colony Capital (PR

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

January 06, 2020 DataBank

DALLAS, Jan. 6, 2020 /PRNewswire/ -- DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existing...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

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Read Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)
Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

October 22, 2019 Aligned

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

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Read Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)
Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

October 04, 2019 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas of...

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Read CyrusOne Data Centers in Northern Virginia Qualify for Tax Incentives
CyrusOne Data Centers in Northern Virginia Qualify for Tax Incentives

CyrusOne Data Centers in Northern Virginia Qualify for Tax Incentives

September 26, 2019 CyrusOne Sterling VIII

CyrusOne has qualified for tax incentives in Loudoun County, exempting customers from sales tax payments on all equipment deployed in CyrusOne facilities in that county. The sales tax exemptions are retroactive to 2014. “We have been working to secure this tax incentive for our customers for the...

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Read NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic
NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

September 18, 2019 NTT

Data Center Frontier reports that NTT plans to rebrand all its data center subsidiaries into one brand. The combined company will be launched at PTC in January 2020 and be headquartered in LondonThe rebrand includes all of NTT subsidiaries. RagingWire e-shelter NetMagic Gyron and NTT branded data...

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Read Aligned Energy Completes Phase One of Ashburn Data Center Campus (PR)
Aligned Energy Completes Phase One of Ashburn Data Center Campus (PR)

Aligned Energy Completes Phase One of Ashburn Data Center Campus (PR)

September 16, 2019 Aligned Ashburn

ASHBURN, VA – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces the completion of phase one of its hyperscale data center campus in Ashburn,...

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Read Equinix Appoints Jon Lin as President, Americas
Equinix Appoints Jon Lin as President, Americas

Equinix Appoints Jon Lin as President, Americas

June 17, 2019 Equinix

Congrats to Jon Lin who was promoted by Equinix to President of the Americas. Jon will oversee existing operations in North and South America. Equinix Press Release: REDWOOD CITY, Calif – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has...

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Read CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)
CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

May 28, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil after...

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Read Digital Realty Acquires 13-acre property in Ashburn
Digital Realty Acquires 13-acre property in Ashburn

Digital Realty Acquires 13-acre property in Ashburn

May 23, 2019 Digital Realty: IAD-56

Washington Business Journal Reports that Digital Realty acquired a 13-acre property for $28 million. That puts the cost per acre at $2.14 million, which is a record in the region. The property was a former Airbus facility and is adjacent to the Equinix Ashburn Campus. Satellite view of the...

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Read Compass Datacenters Begins Construction on 75 MW Data Center Campus in Northern Virginia (PR)
Compass Datacenters Begins Construction on 75 MW Data Center Campus in Northern Virginia (PR)

Compass Datacenters Begins Construction on 75 MW Data Center Campus in Northern Virginia (PR)

May 16, 2019 Compass Loudoun County

Dallas – Compass Datacenters is beginning construction of its first data center in Loudoun County, Virginia. The 6MW building is on Compass’ Loudoun campus, which is planned for 500,000 square feet and 75MW of critical IT capacity. “Northern Virginia is one of the most dynamic data center markets...

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Read CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY
CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

May 01, 2019 CyrusOne

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in annualized...

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