Data Center News

KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn

KKR & Global Infrastructure Partners have announced that they have completed and closed the acquisition of CyrusOne. The acquisition sees the public company become private. The acquisition fee is $15 billion, making it the largest Merger and Acquisition deal in the data center industry ...

April 04, 2022

CyrusOne

CyrusOne joins the orchard initiative

As more and more companies in the digital infrastructure sector realize the efforts required to change the trajectory of our planet’s path, more are joining different eco projects to contribute to the transformation. CyrusOne is one of these companies and has announced that it has joined Host ...

March 18, 2022

CyrusOne

KY lawmakers to introduce tax incentives for data center giants

Kentucky lawmakers are reportedly considering a proposal that would see millions of dollars in state sales tax breaks awarded to tech giants such as Amazon, Facebook, Google and others. This proposed huge tax break has, of course, garnered discussion and a wave of opposition from a number of v...

February 25, 2022

Kentucky

CyrusOne makes headway on sustainability goals

CyrusOne has announced that in line with its ambition to become data climate-neutral by 2030, its Dallas, Texas headquarters is now powered by 100% renewable energy. It is also the latest part of its portfolio to be net-water positive. CyrusOne is also one of the signatories of the Climate Ne...

February 16, 2022

CyrusOne

KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

Investment firm KKR, alongside Global Infrastructure Partners, has completed the acquisition of CyrusOne for $15 billion. CyrusOne owns and operates up to 50 data centers worldwide. Co-founder and interim President and CEO of CyrusOne, Dave Ferdman, commented that CyrusOne had built one of ...

November 16, 2021

CyrusOne

American Tower acquires CoreSite for $10.1 billion

American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said Ame...

November 16, 2021

CyrusOne

CyrusOne to outsource the management of its US data centers to JLL

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

October 29, 2021

CyrusOne

CyrusOne exploring the sale of its company

According to Reuters, CyrusOne is considering the sale of its business. It is said to be exploring some strategic changes that might include a sale. CyrusOne is a real estate investment trust that has a market cap of up to $9 billion. The Company is exploring its options with investment ban...

September 29, 2021

CyrusOne

CyrusOne awarded for net water positive efforts

CyrusOne's commitment was recently recognized by The Environment + Energy Leader Awards program, which awarded the company with the Top Project of the Year Award. The program highlights products and services that provide companies with environmental and energy benefits. CyrusOne secured the a...

September 08, 2021

CyrusOne

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

CyrusOne

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and t...

June 02, 2021

CyrusOne

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

Core Scientific opens world-class blockchain hosting facility in Calvert City, KY

BELLEVUE, Wash., Nov. 12, 2019 /PRNewswire/ -- Core Scientific www.corescientific.com today announced that it has opened a new large-scale Blockchain facility in Calvert City, Kentucky. Creating many construction and high-tech jobs, Core Scientific is breathing new life into a steel mill facil...

December 11, 2019

Core Scientific: Calvert City

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil af...

May 28, 2019

CyrusOne

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in ann...

May 01, 2019

CyrusOne

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $20...

April 12, 2019

CyrusOne

Hostway and HOSTING Merge, Creating a Large Global Managed Cloud Services Platform (PR)

AUSTIN, TX and DENVER, CO — Hostway and HOSTING today announced the merger of the two organizations, combining to create one of the largest managed cloud services platforms in the world. Both companies are known for secure, compliant managed hybrid cloud solutions and together will have an unm...

January 08, 2019

DataCanopy

CyrusOne Completes the Zenium Acquisition

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London...

August 27, 2018

CyrusOne

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