March 19, 2021 STACK INFRASTRUCTURE
STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in...
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March 12, 2021 DataBank
Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for...
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January 15, 2021 Digital Realty Trust
Digital Realty (DLR) has announced it will relocate its corporate headquarters to Austin, Texas from San Francisco, California. DLR will maintain a presence in the San Francisco Bay Area as one of the world's leading technology hubs.Digital Realty already operates a significant data center...
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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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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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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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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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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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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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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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June 24, 2020 Equinix Dallas DA11
Equinix has commissioned DA11, a $142m data center expansion nextdoor to the Infomart in Dallas. Equinix acquired the iconic carrier hotel in 2018 for $800m. Equinix also announced the launch of a 5G and Edge Proof of Concept Center (POCC) to provide a sandbox environment for Mobile Network...
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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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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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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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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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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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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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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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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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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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