Data Center News

STACK closes an additional $325 Million in Debt Financing

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 Rel...

September 01, 2020

STACK INFRASTRUCTURE

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

Console Connect now live in all Global Switch data centres worldwide

July 28, 2020 – PCCW Global today announced that its Console Connect Software-Defined Interconnection® (SDI®) platform is now available in many more data centres via an extended collaboration with Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral ...

July 28, 2020

Global Switch

Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer

-- New FRA-1 Data Center 100% Pre-Leased --BOSTON, June 8, 2020 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced that it has signed a 27 megawatt data center lease with a U.S.-based Fortune 100 customer in Frankfur...

July 13, 2020

Iron Mountain Frankfurt FRA-1

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

Netrality Acquired INAP's Houston Data Center

Netrality has announced that the company has acquired the Internap Holding (“INAP”) data center in Houston. The facility is located in 1301 Fannin, Houston's carrier hotel. The deal seems to work for both sides. Netrality gets more colocation space to sell in their marquee building and INAP ge...

June 03, 2020

HorizonIQ

Internap Emerges from Bankruptcy

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerg...

May 11, 2020

HorizonIQ

PFA buys 20% of DATA4 from AXA IM for €200m

Denmark’s largest commercial pension fund PFA has bought a 20% stake in data centre platform DATA4 from AXA in its continued drive to pile on foreign real estate. The DKK688bn (€92.2bn) pension fund said it bought the shares from AXA Investment Managers - Real Assets, which was also serving as...

May 11, 2020

DATA4 Group

Northern Data AG announces acquisition of Canadian data center specialist Kelvin Emtech Group (PR)

Key step forward for existing strategy of expansion into Canada Continuing to accelerate North America growth and expansion Decisive and additive know-how for data centers construction Frankfurt am Main – April 28, 2020 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the world’s ...

April 28, 2020

Northern Data AG

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

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

Internap files for Bankruptcy

Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subs...

March 16, 2020

HorizonIQ

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

NLDC and The Datacenter Group Rebrand as NorthC

The Datacenter Group (TDCG) and NLDC, who merged in July of 2019, will be rebranded under a new name: NorthC. With ten data centers across the Netherlands, NorthC is the largest regional data center business in the country, serving both large organizations and government institutions as well a...

February 17, 2020

NorthC Datacenters

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

Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

Colt Data Centre Services (DCS) today announced the appointment of its new Chief Executive Officer, Niclas Sanfridsson effective December 2nd. Sanfridsson will replace the Detlef Spang as CEO. Detlef Spang plans to retire at the end of this year after leading Colt DCS since the company's ince...

November 28, 2019

Colt Data Centre Services

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

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...

November 22, 2019

STACK INFRASTRUCTURE

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