Data Center News

Vantage Acquires Hypertec's Data Centers becomming a large provider in Montreal

Vantage Data Centers has acquired the data center business of services company Hypertec. With Hypertec's facilities, Vantage will become a large player with additional capacity in the Montreal market. Hypertec’s 49MW campus includes 25MW across two existing facilities and 24MW of expansion cap...

November 23, 2020

Vantage Data Centers

Vantage Raises an additional 1.25 Billion in Equity Capital from Digital Colony

DENVER (November 19, 2020) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has raised US$1.25 billion in incremental equity capital from its existing investors, led by Digital Colony. This funding will be used to fuel ongoing expan...

November 19, 2020

Vantage Data Centers

GTT sells Infrastructure Division for $2.15 Billion (Hibernia, KPN, Interoute)

GTT has announced that it has signed an agreement to sell its Infrastructure division to I Squared Capital (ISQ) for $2.15 billion. GTT signaled plans to sell the infrastructure business last fall when it hired Credit Suisse Group and Goldman Sachs as financial advisors. It's expected that IS...

October 16, 2020

EXA Infrastructure

Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

Company leverages favorable interest rates to reduce costs, extend debt maturity profile and fund expansion opportunities DENVER – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company raised US$1.3 billion in securitized notes. Th...

October 06, 2020

Vantage Data Centers

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

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 ...

October 01, 2020

Equinix

EQT acquires 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. ...

August 19, 2020

EdgeConneX

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

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 ...

July 08, 2020

Vantage Data Centers

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

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 No...

June 08, 2020

Equinix

Google Slows Hiring for Remainder of 2020

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 co...

April 15, 2020

Google

Vantage Acquires NGD, one of Largest Data Centres in Europe

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 existin...

April 07, 2020

Vantage Data Centers

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

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...

April 01, 2020

Microsoft Azure

CyrusOne amends $2.5 Billion Credit Facility

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 te...

April 01, 2020

CyrusOne

Facebook Suspends Construction at Clonee, Ireland Data Center

Facebook is suspending construction at it's Clonee data center in Ireland due to concerns over the Covid-19 virus. Facebook's contractor, Mace, agreed to temporarily halt work at the site. Facebook had planned to double the size of the facility with two new buildings announced last year.Read ...

March 25, 2020

Facebook Clonee Ireland

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty Trust has closed its acquisition of Interxion. Interxion was one of the largest independent colocation providers in Europe. It was a smart pick up by Digital. The Interxion portfolio includes many densely interconnected buildings which will include Frankfurt, Madrid, Vienna, Ams...

March 13, 2020

Digital Realty Trust

Microsoft Plans New Grange Castle Data Center

Independent.ie reports that Microsoft is in discussions with the South Dublin County Council to acquire 20 more acres in the Grange Castle Business Park. The acquisition would lead to the expansion of the company's already massive data centre campus. The facility will have enough room for 120 ...

February 17, 2020

Microsoft Dublin Grange Castle

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

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 constr...

February 10, 2020

Vantage Data Centers

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexic...

January 09, 2020

Equinix

Equinix to Expand into Mexico With US$175 Million Acquisition of Three Axtel Data Centers (PR)

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced it has entered into an agreement with Axtel S.A.B. de C.V. (BMV: AXTELCPO) to acquire three data centers that serve the Mexico City and Monterrey metro areas o...

October 04, 2019

Equinix

Construction is started on the AWS Facility in Mulhaddart, Ireland

The Business Post reports that work has begun on the Amazon Mulhuddart data center campus. The project was known as "Project G" was originally approved in 2017, but was held up by environmental groups. The initial phase will be over 220,000 and is expected to be completed by mid-2021 at the ...

September 09, 2019

Amazon Dublin Mulhuddart Campus

Equinix Appoints Jon Lin as President, Americas

Congrats to Jon Lin who was promoted by Equinix to President of the Americas. Jon will oversee existing operations in North and South America. Equinix Press Release: REDWOOD CITY, Calif – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it...

June 17, 2019

Equinix

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