Data Center News

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 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 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 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 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.

Read TierPoint Raises $320 Million from Consortium of Investors (PR)
TierPoint Raises $320 Million from Consortium of Investors (PR)

TierPoint Raises $320 Million from Consortium of Investors (PR)

March 24, 2020 TierPoint

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by...

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Read Internap files for Bankruptcy
Internap files for Bankruptcy

Internap files for Bankruptcy

March 16, 2020 HorizonIQ

Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subsidiaries...

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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 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 Evocative Acquires VPLS, Inc. and VPLS Solutions and will Consolidate under VPLS Brand (PR)
Evocative Acquires VPLS, Inc. and VPLS Solutions and will Consolidate under VPLS Brand (PR)

Evocative Acquires VPLS, Inc. and VPLS Solutions and will Consolidate under VPLS Brand (PR)

November 14, 2019 Evocative

Evocative Data Centers (“Evocative”), a leading provider of Internet infrastructure, colocation, hosting and managed services, announced today that it has acquired VPLS, Inc. and VPLS Solutions, LLC to form one of the fastest growing cloud, managed services, colocation and value added resellers...

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Read AMP Capital acquires Expedient Data Centers
AMP Capital acquires Expedient Data Centers

AMP Capital acquires Expedient Data Centers

October 23, 2019 Expedient Data Centers

AMP Capital, An Australian investment firm, has acquired Expedient from Landmark Media Enterprises, the company's current investor. Expedient is an Infrastructure-as-a-Service business focused on colocation, cloud, managed services and networks with a base of over 1,200 customers. Terms were not...

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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 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 FirstLight Acquires Maine Fiber Company (PR)
FirstLight Acquires Maine Fiber Company (PR)

FirstLight Acquires Maine Fiber Company (PR)

May 16, 2019 FirstLight Fiber

ALBANY, NY – May 16, 2019 – FirstLight, a leading provider of fiber-optic data, Internet, data center, cloud and voice services to enterprise and carrier customers throughout the Northeast, announced today that it has acquired Maine Fiber Company (“MFC”). This transaction will further enhance its...

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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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