Data Center News

Read DataBank closes Acquisition of Zayo's data centers
DataBank closes Acquisition of Zayo's data centers

DataBank closes Acquisition of Zayo's data centers

December 15, 2020 DataBank

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's...

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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 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 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 EQT acquires EdgeConneX
EQT acquires EdgeConneX

EQT acquires EdgeConneX

August 19, 2020 EdgeConneX

The Swedish investment firm EQT AB has announced that it acquired the US-based colocation company EdgeConneX. EdgeConneX has a global footprint, operating over 40 facilities in 33 markets across North America, Europe and South America and continues to expand after being founded a decade ago. EQT...

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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 Netrality Acquired INAP's Houston Data Center
Netrality Acquired INAP's Houston Data Center

Netrality Acquired INAP's Houston Data Center

June 03, 2020 HorizonIQ

Netrality has announced that the company has acquired the Internap Holding (“INAP”) data center in Houston. The facility is located in 1301 Fannin, Houston's carrier hotel. The deal seems to work for both sides. Netrality gets more colocation space to sell in their marquee building and INAP gets...

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Read STACK Acquires Land in Atlanta and plans to Expand Campus Capacity to 20 MW
STACK Acquires Land in Atlanta and plans to Expand Campus Capacity to 20 MW

STACK Acquires Land in Atlanta and plans to Expand Campus Capacity to 20 MW

May 15, 2020 STACK: ATL02A

Stack Infrastructure announced plans to expand its Alpharetta facility and more than double its digital infrastructure capacity to nearly 20 megawatts.STACK currently operates a 105,000 sqft, 7 MW data center on 12 acres at 3200 Webb Bridge Road. The company now plans to build a 2-story facility...

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Read Internap Emerges from Bankruptcy
Internap Emerges  from Bankruptcy

Internap Emerges from Bankruptcy

May 11, 2020 HorizonIQ

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerged...

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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 CoreSite raises $150 million in debt offering
CoreSite raises $150 million in debt offering

CoreSite raises $150 million in debt offering

May 06, 2020 CoreSite

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

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