Data Center News

Read Vantage Raises an Additional $675 Million in Debt and Equity Financing
Vantage Raises an Additional $675 Million in Debt and Equity Financing

Vantage Raises an Additional $675 Million in Debt and Equity Financing

February 14, 2019 Vantage Data Centers

Vantage has raised $675 million for expansion projects in the United States. The company also raised $225 million in December. That's a lot of capital, however the company has many projects in the works, including: Acquired 4Degrees and entered the Montreal market in December Building a second...

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Read Vantage Data Centers Acquires Canada-Based 4Degrees Colocation (PR)
Vantage Data Centers Acquires Canada-Based 4Degrees Colocation (PR)

Vantage Data Centers Acquires Canada-Based 4Degrees Colocation (PR)

January 25, 2019 Vantage Data Centers

Santa Clara, CA – Vantage Data Centers, a leading provider of data centers in support of business and mission-critical applications, today announced it has finalized its acquisition of Canada-based 4Degrees Colocation from Videotron Ltd., a Quebecor Media Inc. (QMI) subsidiary, for approximately...

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Read AirTrunk raises $621m for expansion
Singapore-based AirTrunk announced that it has successfully completed an AU$850 million (US$621m) financing round to fund a major expansion of its Australian data centers in Sydney and Melbourne, a...

AirTrunk raises $621m for expansion

August 22, 2018 AirTrunk

Singapore-based AirTrunk announced that it has successfully completed an AU$850 million (US$621m) financing round to fund a major expansion of its Australian data centers in Sydney and Melbourne, as well as across key Asia-Pacific markets. Deutsche Bank is the underwriter for the new financing...

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Read Digital Realty, IBM Expand Cloud Connections
Digital Realty, a global provider of data center, colocation and interconnection solutions and an IBM Business Partner, announced today it will expand dedicated, private access to the IBM Cloud in ...

Digital Realty, IBM Expand Cloud Connections

July 24, 2018 Digital Realty Trust

Digital Realty, a global provider of data center, colocation and interconnection solutions and an IBM Business Partner, announced today it will expand dedicated, private access to the IBM Cloud in 15 major metropolitan areas around the world. These on-ramps help ensure efficient and secure access...

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Read Asian investor consortium acquires 24.99% stake in Global Switch in preparation for listing on a leading international stock exchange
A consortium of six Asian institutional and private investors has acquired a 24.99% stake in the Company in a transaction valued at £2.1 billion

The investment by Strategic IDC Limited further d...

Asian investor consortium acquires 24.99% stake in Global Switch in preparation for listing on a leading international stock exchange

July 11, 2018 Global Switch

A consortium of six Asian institutional and private investors has acquired a 24.99% stake in the Company in a transaction valued at £2.1 billion The investment by Strategic IDC Limited further diversifies Global Switch’s sources of equity capital, supports a continuation of the Company’s...

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Read Digital Realty considering $1bn Acquisition of Ascenty
Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more.

A still unconfirmed report says that Digital Realty is talking to Great Hil...

Digital Realty considering $1bn Acquisition of Ascenty

July 10, 2018 Digital Realty Trust

Digital Realty is in talks about buying Ascenty, which operates eight data centres in Brazil and is planning six more. A still unconfirmed report says that Digital Realty is talking to Great Hill Partners, the private-equity owner of Ascenty. None of the partners are commenting on the report from...

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Read Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought
Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong...

Equinix Says Its New Wholesale Data Center Business is Much Bigger Than Previously Thought

July 09, 2018 Equinix

Equinix is in the sweet spot to capture a bigger share of the wholesale data center market, which are generally deployments larger than 1 megawatt. Equinix's Interconnection ecosystems are a strong magnet, even for larger compute deployments. The mid-point of guidance for Equinix’s new wholesale...

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Read Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)
Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)

Rackspace and Switch Partner to host Rackspace Private Cloud in Switch Facilities (PR)

April 02, 2018 Rackspace

Switch and Rackspace announced a new agreement to deliver Rackspace private cloud solutions and connectivity to managed public cloud solutions on AWS, Azure and Google in Switch’s highly secure and reliable Tier 5® Platinum data center PRIME locations. The agreement builds on Rackspace’s...

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Read INAP to Acquire SingleHop
INAP to Acquire SingleHop

INAP to Acquire SingleHop

January 29, 2018 HorizonIQ

Timing of this announcement coincides with top line turnaround progress for INAP standalone: 4Q 2017 revenue outlook up to $70M Strategic combination increases product differentiation through advanced automation Expansion facilitates business and enterprise sales across INAP’s major markets...

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Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Equinix

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

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