Data Center News

DataBank has expanded its KC3 facility in Kansas City

DataBank has announced that it has expanded its KC3 facility in Kansas City. The expansion sees DataBank expanding its digital footprint in Kansas. DataBank has built out two new Data Halls; Halls 2 and 3. Hall 2 adds 9,300 square feet of space, while Hall 3 adds 8,050 square feet of space....

October 22, 2021

DataBank Kansas City MCI3

LightEdge acquires Cavern Technologies

LightEdge has announced the acquisition of underground data center firm Cavern Technologies. Cavern Technologies was founded in 2007, and it has a 3 million square foot underground facility outside of Kansas City in its portfolio. The facility is in the Meritex Caves in Lenexa, outside Kans...

September 24, 2021

LightEdge Solutions

TierPoint to build new data center in Missouri

TierPoint has announced that it is expanding in Missouri by investing $20 million into building a 23,000 square feet Tier III data center in the St. Louis region. The data center firm already has three facilities in Missouri; two in St. Louis and one in Kansas City. TierPoint has also secur...

September 10, 2021

TierPoint

DataBank announces it has started construction on sixth Salt Lake data center

DataBank has broken ground on its sixth Salt Lake data center, SLC6. The facility will see DataBank increase capacity to meet the increasing demand for mission-critical IT infrastructure in the Salt Lake City and Utah market. The site is located in Bluffdale, between Utah’s Silicon Slopes a...

August 30, 2021

DataBank

QTS shareholders finally approve $10bn Blackstone acquisition

The shareholders of QTS Realty Trust have finally approved the Company’s acquisition by Blackstone. The deal is expected to be close before the end of August. The two companies first agreed on a deal in June. However, there was a 40-day period in which QTS was given to look for alternative off...

August 27, 2021

QTS Data Centers

Data center merger and acquisition activities in Q2 of 2021

2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see wh...

August 16, 2021

QTS Data Centers

DataBank purchases existing building for fifth data center in Denver

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 me...

July 27, 2021

DataBank

Netrality Properties acquires Indy Telcom Center

Netrality Properties has completed the acquisition of Indianapolis-based carrier hotel provider, Indy Telcom Center. The deal involves Netrality acquiring a nine-acre campus on West Henry Street. Indy Telcom’s campus has 205,000 square feet of space spread across eleven buildings. The build...

July 21, 2021

Netrality Properties

Blackstone to acquire QTS Realty Trust for $10 billion

Blackstone Group Inc has reportedly entered into an agreement to purchase QTS Realty Trust Inc for a total of $6.7 billion.According to the WSJ, the group's infrastructure unit, Blackstone Infrastructure Partners, with BREIT, its non-traded real-estate investment trust, has agreed to pay $78 a...

June 07, 2021

QTS Data Centers

QTS Realty Trust launches new Smart Family of data center remote management solutions

QTS Realty Trust has announced its new Smart Family of data center remote management solutions. The Smart Family solution is built on advanced tech, including artificial intelligence, machine learning, and preemptive understanding into customers’ colocation environment.QTS Smart family solutio...

June 01, 2021

QTS Data Centers

DataBank issues $658M of Secured Notes

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 gen...

March 12, 2021

DataBank

DataBank closes Acquisition of Zayo's data centers

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 facili...

December 15, 2020

DataBank

DataBank acquires zColo sites from Zayo for $1.4 Billion

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 cen...

September 30, 2020

DataBank

TierPoint Raises $320 Million from Consortium of Investors (PR)

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by m...

March 24, 2020

TierPoint

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

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 existi...

January 06, 2020

DataBank

Macquarie Infrastructure Partners Acquires Netrality

Macquarie Infrastructure and Real Assets (MIRA) has acquired Netrality Data Centers in partnership with the US data centre owner’s management team. Macquarie Infrastructure Partners IV (MIP IV), a fund managed by MIRA said it has bought Netrality from funds managed by Abrams Capital Management...

September 04, 2019

Netrality Properties

Cavern Expanding KC Data Center by 40,000 SqFt

Cavern Technologies announced via Twitter that the company is building a 40,000 SqFt expansion at their Underground Kansas Facility. The data center, which is used by the Kansas City Chiefs, is one of the largest facilities in Kansas City. Cavern said the space will be available by June and it...

March 07, 2019

Lightedge: Lenexa (Cavern)

TierPoint Launches Cloud Connect Express for connections to Azure and AWS from All TierPoint Locations

TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, today announced the launch of its new Cloud Connect Express (CCX) service. Leveraging TierPoint’s network assets and Zayo’s CloudLink solution, CCX provides TierPoint customers with ...

October 16, 2018

TierPoint

Light Edge Acquires OnRamp (PR)

DES MOINES, IA – LightEdge expands its geographical reach and redundancy and invests further into the company’s world-class compliant cloud solutions as it acquires Austin, Texas-based OnRamp. “LightEdge is thrilled to announce the expansion of our secure and compliant hosting and colocation ...

July 17, 2018

LightEdge Solutions

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