Data Center News

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

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

May 20, 2021 Mapletree Redwood Data Centre Trust

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. CEO and...

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Read EdgeConneX Expands in 6 North American Markets
EdgeConneX Expands in 6 North American Markets

EdgeConneX Expands in 6 North American Markets

April 28, 2021 EdgeConneX

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...

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Read DC BLOX secures $187 million in Financing
DC BLOX secures $187 million in Financing

DC BLOX secures $187 million in Financing

March 30, 2021 DC BLOX

DC BLOX has announced that they have secured $187 million for long-term financing of their operations. The funding was led by Post Road Group and Bain Capital Credit. Kevin O’Donnell, the Chief Financial Officer of DC BLOX, commented that the capital raised would support the growth of the...

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Read Facebook signs for 150 MW of Solar Power from TVA
Facebook signs for 150 MW of Solar Power from TVA

Facebook signs for 150 MW of Solar Power from TVA

March 04, 2021 Hyperscale Data Center

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...

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Read Tom Marx joins Evoque as Chief Revenue Officer
Tom Marx joins Evoque as Chief Revenue Officer

Tom Marx joins Evoque as Chief Revenue Officer

September 28, 2020 Csquare

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 center...

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Read EQT acquires EdgeConneX
EQT acquires EdgeConneX

EQT acquires EdgeConneX

August 19, 2020 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. EQT...

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Read Facebook Announces Gallatin Data Center in Tennesse
Facebook Announces Gallatin Data Center in Tennesse

Facebook Announces Gallatin Data Center in Tennesse

August 13, 2020 Hyperscale Data Center

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...

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Read Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States
Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

June 23, 2020 Mapletree Redwood Data Centre Trust

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purchase...

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Read Andy Stewart becomes Evoque's new CEO
Andy Stewart becomes Evoque's new CEO

Andy Stewart becomes Evoque's new CEO

June 16, 2020 Csquare

Evoque Data Center Solutions has appointed Andy Stewart as CEO, effective immediately. Stewart brings more than 15 years of senior management experience, including a decade of strategic development and execution, to Evoque. He previously served chief strategy officer at TierPoint, where he was...

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Read Facebook gets approval for a Tennessee data center
Facebook gets approval for a Tennessee data center

Facebook gets approval for a Tennessee data center

May 25, 2020 Hyperscale Data Center

Facebook will purchase a $15 Million USD parcel of land for a 970,000 square foot data center campus in Gallatin, Tennessee. Facebook is using the shell company Woolhawk LLC as the acquiring entity. What we know: On May 19th the Gallatin City Council approved tax breaks and a development...

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Read Compass completes ROOT integration
Compass completes ROOT integration

Compass completes ROOT integration

May 06, 2020 Compass Datacenters

Compass has announced on their blog that they have completed the integration of the ROOT data centers. ROOT was acquired in July 2019. The announcement states, "Over the past few months, we’ve been hard at work integrating the two companies’ construction, operations, marketing, and sales teams....

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Read DC BLOX hires David Armistead as VP of Sales
DC BLOX hires David Armistead as VP of Sales

DC BLOX hires David Armistead as VP of Sales

May 05, 2020 DC BLOX

DC BLOX has announced that it has hired David Armistead as their new Vice President of Sales.Armistead has spent 25 years in the industry at other companies in the industry including C Spire and SunGard. Links: Press Release David Armistead Linkedin

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

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

March 24, 2020 TierPoint

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...

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Read Facebook Plans to Wholesale Its Fiber
Facebook Plans to Wholesale Its Fiber

Facebook Plans to Wholesale Its Fiber

March 06, 2019 Meta

Facebook plans to sell excess fiber on its owned long haul routes that interconnect Facebook data centers. As part of the plan, Facebook will allow local and regional network providers to acquire capacity. Fast Facts: Initially, Facebook is focused on the network connecting their data centers in...

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Read 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.

Leverag...

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

October 16, 2018 TierPoint

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...

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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 Verizon Enterprise

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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Read TierPoint Announces $20M Data Center Investment in Nashville
TierPoint Announces $20M Data Center Investment in Nashville

TierPoint Announces $20M Data Center Investment in Nashville

February 27, 2017 Tierpoint Nashville NSH

Nashville–TierPoint LLC announced that it is significantly increasing its capacity to serve the Nashville community through a new $20 million data center facility. TierPoint is partnering with Compass Data Centers on the project, which will more than double the data center space to approximately...

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