Data Center News

Read Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing
Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing

Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing

July 09, 2020 Element Critical

VIENNA, Va. /PRNewswire/ -- Element Critical, a leading provider of IT infrastructure with premium data centers in Silicon Valley, Chicago, and Northern Virginia today announces the promotion of Wayne Dietrich to Chief Operating Officer. With diverse management experience spanning over two...

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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 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 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 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 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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Read Digital Realty And Ascenty Are Building New Facility in Chile to Support a Multi-Megawatt Cloud Deployment (Press Release)
Digital Realty And Ascenty Are Building New Facility in Chile to Support a Multi-Megawatt Cloud Deployment (Press Release)

Digital Realty And Ascenty Are Building New Facility in Chile to Support a Multi-Megawatt Cloud Deployment (Press Release)

April 25, 2019 Digital Realty Trust

Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, and Ascenty, a market leader in data center services in Latin America, announced today a long-term, multi-megawatt agreement with a leading global cloud provider to build a new facility...

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Read CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)
CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

April 12, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $200...

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Read Facebook Plans to Wholesale Its Fiber
Facebook Plans to Wholesale Its Fiber

Facebook Plans to Wholesale Its Fiber

March 06, 2019 Meta

Facebook plans to sell excess fiber on its owned long haul routes that interconnect Facebook data centers. As part of the plan, Facebook will allow local and regional network providers to acquire capacity. Fast Facts: Initially, Facebook is focused on the network connecting their data centers in...

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Read Hostway and HOSTING Merge, Creating a Large Global Managed Cloud Services Platform (PR)
Hostway and HOSTING Merge, Creating a Large Global Managed Cloud Services Platform (PR)

Hostway and HOSTING Merge, Creating a Large Global Managed Cloud Services Platform (PR)

January 08, 2019 DataCanopy

AUSTIN, TX and DENVER, CO — Hostway and HOSTING today announced the merger of the two organizations, combining to create one of the largest managed cloud services platforms in the world. Both companies are known for secure, compliant managed hybrid cloud solutions and together will have an...

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Read CyrusOne Completes the Zenium Acquisition
CyrusOne Completes the Zenium Acquisition

CyrusOne Completes the Zenium Acquisition

August 27, 2018 CyrusOne

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London and...

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Read Digital Realty, IBM Expand Cloud Connections
Digital Realty, a global provider of data center, colocation and interconnection solutions and an IBM Business Partner, announced today it will expand dedicated, private access to the IBM Cloud in ...

Digital Realty, IBM Expand Cloud Connections

July 24, 2018 Digital Realty Trust

Digital Realty, a global provider of data center, colocation and interconnection solutions and an IBM Business Partner, announced today it will expand dedicated, private access to the IBM Cloud in 15 major metropolitan areas around the world. These on-ramps help ensure efficient and secure access...

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Read Light Edge Acquires OnRamp (PR)
Light Edge Acquires OnRamp (PR)

Light Edge Acquires OnRamp (PR)

July 17, 2018 LightEdge Solutions

DES MOINES, IA – LightEdge expands its geographical reach and redundancy and invests further into the company’s world-class compliant cloud solutions as it acquires Austin, Texas-based OnRamp. “LightEdge is thrilled to announce the expansion of our secure and compliant hosting and colocation...

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Read Digital Realty considering $1bn Acquisition of Ascenty
Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more.

A still unconfirmed report says that Digital Realty is talking to Great Hil...

Digital Realty considering $1bn Acquisition of Ascenty

July 10, 2018 Digital Realty Trust

Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more. A still unconfirmed report says that Digital Realty is talking to Great Hill Partners, the private-equity owner of Ascenty. None of the partners are commenting on the report from...

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Read Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)
Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)

Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)

April 02, 2018 Switch

Switch and Rackspace announced a new agreement to deliver Rackspace private cloud solutions and connectivity to managed public cloud solutions on AWS, Azure and Google in Switch’s highly secure and reliable Tier 5® Platinum data center PRIME locations. The agreement builds on Rackspace’s...

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Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Verizon Enterprise

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

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Read Data Foundry to expand Austin Campus by 325,000sqft
Data Foundry is expanding their massive Austin campus.  Ready in Q3 2017.

> Data Foundry, a leading provider of premium colocation, network and managed services, today announced the construction...

Data Foundry to expand Austin Campus by 325,000sqft

September 27, 2016 Switch: Texas 1

Data Foundry is expanding their massive Austin campus. Ready in Q3 2017. Data Foundry, a leading provider of premium colocation, network and managed services, today announced the construction of its third Austin data center, Texas 2. The first phase of construction will begin this quarter, and...

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