Data Center News

Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

August 06, 2021 Lumen Technologies

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...

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Read Lumen is selling its Latin American business to Stonepeak for $2.7 billion
Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

July 28, 2021 Lumen Technologies

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...

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Read Largest Data Center Funding Deals In Q2 of 2021
Largest Data Center Funding Deals In Q2 of 2021

Largest Data Center Funding Deals In Q2 of 2021

July 24, 2021 GlobalConnect A / S

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data center...

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Read Equinix strives to balance expansion with its eco targets
Equinix strives to balance expansion with its eco targets

Equinix strives to balance expansion with its eco targets

July 23, 2021 Equinix

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, ​​the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy...

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Read GlobalConnect secures €2.7bn ($3.2 billion) debt refinancing
GlobalConnect secures €2.7bn ($3.2 billion) debt refinancing

GlobalConnect secures €2.7bn ($3.2 billion) debt refinancing

June 28, 2021 GlobalConnect A / S

GlobalConnect Group has announced that it has secured what it terms a ‘record debt refinancing’ worth €2.7 billion ($3.2 billion). A consortium of five Active Bookrunners, three Underwriters, and six Cornerstone Lenders coordinated by ING and SEB were responsible for the debt refinancing. The CFO...

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Read NTT explains its German data center expansion plans
NTT explains its German data center expansion plans

NTT explains its German data center expansion plans

June 22, 2021 NTT

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin. NTT has broken ground on...

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Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

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Read Tokyo Century partners with NTT for data center business in India
Tokyo Century partners with NTT for data center business in India

Tokyo Century partners with NTT for data center business in India

June 17, 2021 NTT

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in data...

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Read Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program
Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

June 15, 2021 Equinix

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program. The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

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Read Liberty Global and Digital Colony launch AtlasEdge Data Centers
Liberty Global and Digital Colony launch AtlasEdge Data Centers

Liberty Global and Digital Colony launch AtlasEdge Data Centers

May 21, 2021 AtlasEdge

Liberty Global, a leading Telecoms Company and Digital Colony, a top investment firm focusing on digital infrastructure, has announced that they have joined forces to create AtlasEdge Data Centers, a European Edge data center business. The joint venture will see them operating over 100 Edge data...

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Read NTT and SKY Perfect JSAT to launch data center in space
NTT and SKY Perfect JSAT to launch data center in space

NTT and SKY Perfect JSAT to launch data center in space

May 20, 2021 NTT

Is space the new edge? NTT is planning to develop a data center in space. NTT will be working with SKY Perfect Holdings, a Japanese satellite company, to develop the project. Plans are in place for trials to start in 2022, launch in 2025, and for operations to begin in 2026. The orbiting data...

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Read Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...

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Read Equinix prices $2.6 billion "Green" Bond Sale
Equinix prices $2.6 billion "Green" Bond Sale

Equinix prices $2.6 billion "Green" Bond Sale

May 04, 2021 Equinix

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...

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

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

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

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

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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Read NLDC and The Datacenter Group Rebrand as NorthC
NLDC and The Datacenter Group Rebrand as NorthC

NLDC and The Datacenter Group Rebrand as NorthC

February 17, 2020 NorthC Datacenters

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 as...

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

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

January 09, 2020 Equinix

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 Mexico....

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

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

October 04, 2019 Equinix

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 of...

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Read NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic
NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

September 18, 2019 NTT

Data Center Frontier reports that NTT plans to rebrand all its data center subsidiaries into one brand. The combined company will be launched at PTC in January 2020 and be headquartered in LondonThe rebrand includes all of NTT subsidiaries. RagingWire e-shelter NetMagic Gyron and NTT branded data...

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Read The Datacenter Group acquires data centers from NovoServe
The Datacenter Group acquires data centers from NovoServe

The Datacenter Group acquires data centers from NovoServe

July 18, 2019 NorthC Datacenters

Amsterdam, the Netherlands, - The Datacenter Group (TDCG) has acquired the data center infrastructure of NovoServe in Doetinchem and Enschede. By selling its two data centers, NovoServe is able to apply focus to their international IaaS (Infrastructure-as-a-Service) hosting activities, whilst...

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