Data Center News

Read Vantage Acquires Hypertec's Data Centers becomming a large provider in Montreal
Vantage Acquires Hypertec's Data Centers becomming a large provider in Montreal

Vantage Acquires Hypertec's Data Centers becomming a large provider in Montreal

November 23, 2020 Vantage Data Centers

Vantage Data Centers has acquired the data center business of services company Hypertec. With Hypertec's facilities, Vantage will become a large player with additional capacity in the Montreal market. Hypertec’s 49MW campus includes 25MW across two existing facilities and 24MW of expansion...

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Read Vantage Raises an additional 1.25 Billion in Equity Capital from Digital Colony
Vantage Raises an additional 1.25 Billion in Equity Capital from Digital Colony

Vantage Raises an additional 1.25 Billion in Equity Capital from Digital Colony

November 19, 2020 Vantage Data Centers

DENVER (November 19, 2020) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has raised US$1.25 billion in incremental equity capital from its existing investors, led by Digital Colony. This funding will be used to fuel ongoing expansion...

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Read Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion
Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

October 06, 2020 Vantage Data Centers

Company leverages favorable interest rates to reduce costs, extend debt maturity profile and fund expansion opportunities DENVER – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company raised US$1.3 billion in securitized notes. The...

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Read Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada
Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

October 01, 2020 Equinix

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal...

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Read DataBank acquires zColo sites from Zayo for $1.4 Billion
DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank acquires zColo sites from Zayo for $1.4 Billion

September 30, 2020 DataBank

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data center...

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Read Tom Marx joins Evoque as Chief Revenue Officer
Tom Marx joins Evoque as Chief Revenue Officer

Tom Marx joins Evoque as Chief Revenue Officer

September 28, 2020 Csquare

Tom Marx will join Evoque as Chief Revenue Officer. Marx, who is based in Denver, spent the majority of his career at tw telecom subsequently Level3/CenturyLink via acquisition. Evoque Press Release on Sept 28, 2020:DALLAS – Evoque Data Center Solutions™, one of the world’s 20 largest data center...

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Read STACK closes an additional $325 Million in Debt Financing
STACK closes an additional $325 Million in Debt Financing

STACK closes an additional $325 Million in Debt Financing

September 01, 2020 STACK INFRASTRUCTURE

Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Release...

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Read Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth
Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

July 08, 2020 Vantage Data Centers

Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it was...

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Read Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States
Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

June 23, 2020 Mapletree Redwood Data Centre Trust

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purchase...

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Read Andy Stewart becomes Evoque's new CEO
Andy Stewart becomes Evoque's new CEO

Andy Stewart becomes Evoque's new CEO

June 16, 2020 Csquare

Evoque Data Center Solutions has appointed Andy Stewart as CEO, effective immediately. Stewart brings more than 15 years of senior management experience, including a decade of strategic development and execution, to Evoque. He previously served chief strategy officer at TierPoint, where he was...

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Read Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)
Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

June 08, 2020 Equinix

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...

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Read Aligned Begins Construction on Second Hyperscale Data Center in Ashburn, VA (PR)
Aligned Begins Construction on Second Hyperscale Data Center in Ashburn, VA (PR)

Aligned Begins Construction on Second Hyperscale Data Center in Ashburn, VA (PR)

June 02, 2020 Aligned: IAD-01

ASHBURN, VIRGINIA – JUNE 2, 2020 – Aligned, 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 expansion of its hyperscale data center campus in Ashburn,...

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Read QTS Ashburn-Shellhorn Construction on Fast-Track Program
QTS Ashburn-Shellhorn Construction on Fast-Track Program

QTS Ashburn-Shellhorn Construction on Fast-Track Program

May 25, 2020 QTS Ashburn-Shellhorn DC1

QTS has announced that it is fast tracking 42MW in Ashburn. Their construction blog post is below: QTS Ashburn-Shellhorn, our newest greenfield data center campus in the Ashburn, VA market has gotten underway in a hurry - with construction five weeks in and well ahead of schedule. The QTS...

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Read Aligned Increases Facility to $575 Million (PR)
Aligned Increases Facility to $575 Million (PR)

Aligned Increases Facility to $575 Million (PR)

May 11, 2020 Aligned

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences...

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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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