Data Center News

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 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 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 DartPoints Receives Investment from Astra Capital Management
DartPoints Receives Investment from Astra Capital Management

DartPoints Receives Investment from Astra Capital Management

May 06, 2020 DartPoints

Majority Investment Will Accelerate Buy and Build Strategy Across North America - DartPoints is an owner and operator of edge colocation data centers, which offer secure and reliable infrastructure in close proximity to users, particularly beyond Tier I markets - Accomplished telecommunications...

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Read Amazon adds 112-acre lot adjacent to its New Albany campus
Amazon adds 112-acre lot adjacent to its New Albany campus

Amazon adds 112-acre lot adjacent to its New Albany campus

May 04, 2020 Amazon: 3180 Beech Rd Campus

Amazon acquired a 112-acre lot adjacent to its New Albany campus. The lot is on the Northeastern corner of Beech Road Northwest and Jug Street. It's just to the north of its 68-acre New Albany campus.Amazon Data Services bought the new lot for $21.8 million on April 20. The $195,000-an-acre price...

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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 SUNeVision lands Microsoft ExpressRoute on MEGA Campus
SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

April 01, 2020 Microsoft Azure

SUNeVision Holdings Ltd, a Data centre provider in Hong Kong, has announced a new Microsoft Azure ExpressRoute on-ramp. Enterprises will have the ability to directly connect to Azure in MEGA-i, either through an onsite point of presence (PoP) or via telco partners, managed service providers or...

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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 Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets
Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

February 10, 2020 Vantage Data Centers

Vantage Data Centers announced its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under...

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Read New Albany Council Approves Incentives for 3rd Amazon facility
New Albany Council Approves Incentives for 3rd Amazon facility

New Albany Council Approves Incentives for 3rd Amazon facility

December 18, 2019 Amazon: 3180 Beech Rd Campus

Amazon Web Services appears once again to be expanding its footprint in New Albany. The company now has three sites for data-center complexes in the city, with a total investment of $1.7 billion in the New Albany International Business Park, according to a fact sheet provided at the New Albany...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

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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 Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)
Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

October 22, 2019 Aligned

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

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Read STACK Acquires Nationwide Insurance Facility and Expands to Ohio
STACK Acquires Nationwide Insurance Facility and Expands to Ohio

STACK Acquires Nationwide Insurance Facility and Expands to Ohio

October 16, 2019 STACK New Albany NAL01

STACK Infrastructure continues to expand its footprint. Stack acquired Nationwide Insurance's facility in New Albany, Ohio. The transaction is the third expansion for the company since raising $850 million in February 2019. STACK Press Release: DENVER--(BUSINESS WIRE)--STACK INFRASTRUCTURE...

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Read Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites
Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

July 23, 2019 Lincoln Property Company

Lincoln Rackhouse is selling service related line of business that it acquired when it bought Bytegrid two months ago. Rackhouse is selling the colocation, hosting, and managed services products that Bytegrid formerly managed. Rackhouse will maintain the data centers and will focus on its...

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