Data Center News

EdgeConneX agrees to acquire Israel's Global Data Center

EdgeConneX will be acquiring Israeli-based Global Data Center (GDC). Global Data Center was founded in 2013, and it operates two data centers in Petah Tikva and Herzliya, near Tel Aviv. The Petah Tikva and Herzliya facilities have 64,600 square feet and 48,400 square feet, respectively. GDC...

August 17, 2021

EdgeConneX

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

Scala Data Centers

Lumen divests CenturyLink ILEC assets

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 incl...

August 06, 2021

Lumen Technologies

Flexential enters sale-leaseback deal for Plano data center

Flexential has made a leaseback agreement with Legacy Investing and Invesco Real Estate for its data center facility in Plano. The deal will see Flexential add 130,000 square feet to its existing space, which means it will be doubling its capacity with the expansion. None of the companies d...

August 06, 2021

Flexential

Flexential to spend $4.8m in expanding its data center in Franklin, Tennessee

BizJournal reports that Flexential is expanding its Franklin, Tennessee data center. The report states that Flexential has been granted building permits to expand its data center at 4600 Carothers Parkway. The Company is reportedly calling on Turner Construction for the project dubbed as ‘P...

July 30, 2021

Flexential Franklin TN

Sustainable development: Compass Datacenters builds its data centers on eco-friendly concrete

As Compass Datacenters expands across North America, it is prioritizing sustainability in the building of its data centers. Using technology created by Nova Scotia-based CarbonCure Technologies means that not only is less cement required in the mixing of concrete, but CO2 is also permanently r...

July 30, 2021

Compass Datacenters

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

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...

July 28, 2021

Lumen Technologies

Evoque Data Centers acquires Foghorn Consulting

Evoque Data Center Solutions has completed the acquisitions of Foghorn Consulting, a cloud consulting and engineering services company based in Silicon Valley. Evoque said acquiring Foghorn will help it serve its customers’ cloud needs better. With the acquisition, Evoque has expanded its appl...

July 06, 2021

Csquare

Evoque Data Center Solutions partners with four additional network service providers

Evoque Data Center Solutions has announced partnerships with four Network Service Providers (NSPs). It looks to use the partnership to expand its vendor-neutral approach to offering state-of-the-art connectivity to its customers. The new NSPs include Bandwith IG, Everstream, United Private Ne...

June 07, 2021

Csquare

Facebook releases Renewable Impact Study

A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive econom...

May 27, 2021

Meta

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers has announced that it has appointed Steve Oakie as Chief Revenue Officer. With over 20 years of experience leading technology sales and marketing teams, Oakie will be responsible for revenue generation and retention and driving long-term customer and partner relationships. He...

May 26, 2021

365 Data Centers

New Tennessee solar farm to provide Facebook data center with 110MW of renewable energy

The Tennessee Valley Authority has just announced a deal with RWE Renewables and Facebook to build a 150MW solar facility near Millington TN. The solar facility will provide Facebook with 110MW of energy for its data centers in Gallatin, Tennessee, and across the Tennessee Valley. The solar f...

May 20, 2021

Facebook Gallatin TN

Sila agrees to sell all its data centers to Mapletree for $1.3bn

Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. ...

May 20, 2021

Mapletree Redwood Data Centre Trust

EdgeConneX Expands in 6 North American Markets

EdgeConneX has announced that it will add almost 20MW of new capacity across six of its data centers in North America. The facilities that will benefit from this expansion are Seattle, Portland, Phoenix, Miami, Detroit, and Chicago.According to Phillip Marangella, Chief Marketing Officer at Ed...

April 28, 2021

EdgeConneX

Facebook signs for 150 MW of Solar Power from TVA

Tennessee Valley Authority has clinched a deal to partner with Origis Energy to build a 150 MW solar farm and a 50 MW battery energy storage system for Facebook. TVA and Origis Energy will build this project in Lowndes County, Mississippi which will support Facebook’s two data centers in the T...

March 04, 2021

Facebook Gallatin TN

365 Data Centers Acquires Atlantic Metro

365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, announces its acquisition of Atlantic Metro Communications, which provides tailored colocation, network and cloud services to large and mid-size enterprises. While contin...

November 16, 2020

365 Data Centers

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

Private equity investor Stonecourt Capital has acquired a majority stake in 365 Data Centers. The original investors (Lumerity Capital and Longboard Advisors) have reinvested into 365. However, Chirisa Investments and Turning Rock Partners have exited as investors.365 Press Release is below: N...

October 06, 2020

365 Data Centers

Tom Marx joins Evoque as Chief Revenue Officer

Tom Marx will join Evoque as Chief Revenue Officer. Marx, who is based in Denver, spent the majority of his career at tw telecom subsequently Level3/CenturyLink via acquisition. Evoque Press Release on Sept 28, 2020:DALLAS – Evoque Data Center Solutions™, one of the world’s 20 largest data...

September 28, 2020

Csquare

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

Facebook Announces Gallatin Data Center in Tennesse

Facebook has formally announced its data center project in Gallatin Tennesse via a column Sheryl Sandberg wrote in the Tennessean. The social media company will build a 982,000 square foot facility with a total investment of $800 million. The 809-acre campus will be powered with 220MW of renew...

August 13, 2020

Facebook Gallatin TN

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