Data Center News

UK Brent Council plans to upgrade data center with £3.8 million ($5.3 million)

Brent Council, a governing body of a borough of London, just revealed its plan to spend £3.8 million ($5.3 million) to upgrade data centers over the next four years. The council says it is part of its plan to create a modern and robust IT system. The upgrades involve upgrading physical storage...

June 15, 2021

London

DataBank issues $658M of Secured Notes

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 gen...

March 12, 2021

DataBank

DataBank closes Acquisition of Zayo's data centers

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 facili...

December 15, 2020

Zayo

DataBank acquires zColo sites from Zayo for $1.4 Billion

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 cen...

September 30, 2020

Zayo

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

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 existi...

January 06, 2020

DataBank

Alibaba Cloud to launch London region

China’s favorite e-commerce giant Alibaba is planning the launch of a cloud region in London, two years after entering the European market with a data center in Frankfurt. The move was not highly publicized; the company merely updated its website to advertise the future availability zones in t...

October 02, 2018

London

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