Data Center News

Read DataBank purchases existing building for fifth data center in Denver
DataBank purchases existing building  for fifth data center in Denver

DataBank purchases existing building for fifth data center in Denver

July 27, 2021 DataBank

DataBank has announced that it has purchased an existing land and building in Denver. The land and building acquired would be DataBank’s home for its fifth data center in Denver. This facility is located at 6961 S. Quentin Street in Centennial, CO. DataBank says the facility will help it meet the...

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

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

June 15, 2021 London

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...

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Read DataBank issues $658M of Secured Notes
DataBank issues $658M of Secured Notes

DataBank issues $658M of Secured Notes

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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Read DataBank closes Acquisition of Zayo's data centers
DataBank closes Acquisition of Zayo's data centers

DataBank closes Acquisition of Zayo's data centers

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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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 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 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 highl...

Alibaba Cloud to launch London region

October 02, 2018 London

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 the...

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