Data Center News

Data centers to move onshore in line with privacy laws?

Data privacy regulations are tightening across the world. In recent weeks, following data breaches, there have been numerous reports of countries proposing tighter privacy laws. The proposed Digital India Act, for example, would see India strengthen privacy and data localization regulations; e...

November 22, 2022

JLL

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

November 07, 2022

Lumen Technologies

365 Data Centers To Acquire Major Stake in Sungard US for $52.5m

365 Data Centers is looking to acquire the major stake in Sungard's US networking and colocation business. Earlier in the year, Sungard US, Canadian, and UK operations filed for bankruptcy. The company also sold most of its UK operations to MSP Redcentric and UK telecommunication company Daisy...

August 04, 2022

365 Data Centers

Stream Data Centers Announces New Investment Vehicle For Data Centers

Stream Data Centers has announced the launch of a new investment vehicle to make investments in stabilized facilities across the United States. The company revealed that it would use the new investment platform to make wholly-owned investments in data center opportunities in the country, fo...

May 17, 2022

Stream Data Centers

Stream Data Centers makes moves in Texas

Stream Data Centers has announced that it is planning a new facility in Wilmer in Dallas County, Texas, near Interstate 45. That said, the company is yet to make an official announcement and news of the new development comes from planning filings picked up by Dallas News. As per the report pub...

May 16, 2022

Stream Data Centers

H5 Data Centers Completes The Acquisition of Seven Data Centers From vXchnge

H5 Data Centers has announced that it has completed the acquisition of seven data center facilities from vXchnge across the United States. With this development, vXchnge has just one data center. With this agreement, H5 data centers has added over 250,000 square feet (23,200 square meters) of ...

February 01, 2022

H5 Data Centers

USDA awards Lumen with a $1.2 billion network services contract

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

January 21, 2022

Lumen Technologies

H5 Data Centers expands in Ohio through a data center acquisition

H5 Data Centers has completed the acquisition of a data center at 925 Dalton Avenue, Cincinnati, Ohio. The 107,000 square feet (9,940 square meters) purpose-built data center was built to Tier III standards. It currently has a 2MW capacity, but it can be expanded to 6MW upon full buildout. ...

December 15, 2021

H5 Data Centers

365 Data Centers completes round of debt refinancing

365 Data Centers has announced that it completed a round of debt refinancing while also raising new funds. The firm refinanced all its existing debt. It also secured more funds from ING Capital LLC, TD Securities, CIT Group, Boundary Street Capital, and Regions Capital Markets. 365 Data Center...

December 14, 2021

365 Data Centers

DE-CIX and H5 Data Centers announce partnership

H5 Data Centers has announced that it has partnered up with DE-CIX. This partnership will reportedly enable companies “expanding or relocating their data center and colocation services” the opportunity to leverage “premier colocation and connectivity services.”Josh Simms, owner and CEO of H5 ...

November 18, 2021

H5 Data Centers

CyrusOne to outsource the management of its US data centers to JLL

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

October 29, 2021

CyrusOne

Ziply Fiber expands to H5 Data Centers' facilities in Seattle and Washington

H5 Data Centers has announced that Ziply Fiber is expanding to its data centers in downtown Seattle and Quincy, Washington. Ziply Fiber provides a commercial-grade purpose-built network for the internet. Ziply Fiber joins the different carriers available at H5’s Tier III data centers. Chr...

October 29, 2021

H5 Data Centers

Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...

September 07, 2021

Lumen Technologies

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Lumen Technologies

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Lumen Technologies

Data center plans discussed for NRG Power Plant in Dunkirk, New Yorksite

Discussions have begun around the transformation of the disused NRG Power Plant in Dunkirk, New York, into a new data center. The 76-acre site was operational from the 1950s to 2015 has been pinned as a potential location in a report by the City of Dunkirk and Chautauqua County. Dunkirk is nea...

June 20, 2021

Buffalo

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers has announced that it has appointed Steve Oakie as Chief Revenue Officer. With over 20 years of experience leading technology sales and marketing teams, Oakie will be responsible for revenue generation and retention and driving long-term customer and partner relationships. He...

May 26, 2021

365 Data Centers

Verizon sells media group including Yahoo and AOL for $5 billion

Apollo will be acquiring Verizon Media, which includes Yahoo and AOL, for $5 billion. Also, the deal will see Verizon Media receive $4.25 billion in cash, $750 million preferred interests, and retain a 10% stake in Verizon Media which will be known as Yahoo. The two companies expect to finaliz...

May 03, 2021

Yahoo

365 Data Centers Acquires Atlantic Metro

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 contin...

November 16, 2020

365 Data Centers

Stonecourt Capital Acquires a Majority stake in 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: N...

October 06, 2020

365 Data Centers

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