Data Center News

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it ...

July 08, 2020

Vantage Data Centers

Andy Stewart becomes Evoque's new CEO

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...

June 16, 2020

Csquare

STACK INFRASTRUCTURE Launches Construction on New Campus in Arizona

Stack Infrastructure, a company that develops data centers and digital infrastructure, acquired 79 acres just outside Phoenix, where it plans to develop up to 1 million square feet of data centers in the up-and-coming Southwest tech market. The Denver-based company bought land in Avondale, Ari...

June 03, 2020

STACK Phoenix

Netrality Acquired INAP's Houston Data Center

Netrality has announced that the company has acquired the Internap Holding (“INAP”) data center in Houston. The facility is located in 1301 Fannin, Houston's carrier hotel. The deal seems to work for both sides. Netrality gets more colocation space to sell in their marquee building and INAP ge...

June 03, 2020

HorizonIQ

Internap Emerges from Bankruptcy

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerg...

May 11, 2020

HorizonIQ

Aligned Increases Facility to $575 Million (PR)

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences conti...

May 11, 2020

Aligned

Compass completes ROOT integration

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...

May 06, 2020

Compass Datacenters

Google Slows Hiring for Remainder of 2020

Google has announced a significant slow down in new staff hires. Bloomberg published an email from CEO Sundar Pichai which details its plan to recalibrate hiring because of the economic slowdown. In 2019, Google hired 20,000 people and had planned to hire an additional 20,000 employees. The co...

April 15, 2020

Google

Landmark Dividend acquires eBay Paypal data center in Phoenix

Landmark Dividend, an owner and developer of real property interests and digital infrastructures, has purchased the Paypal data center campus in Phoenix. PayPal sold the asset for $122 million.Acquisition of the 184,000-square-foot, 16-megawatt (MW) enterprise data center campus adds to Landm...

April 15, 2020

eBay Arizona

Vantage Acquires NGD, one of Largest Data Centres in Europe

Vantage has announced it is set to acquire Next Generation Data (NGD), one of the largest data centres in Europe. The NGD campus is in the Cardiff Capital Region in South Wales.The acquisition provides Vantage with one of Europe’s largest data center campus totaling 180MW, including an existin...

April 07, 2020

Vantage Data Centers

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision Holdings Ltd, a Data centre provider in Hong Kong, has announced a new Microsoft Azure ExpressRoute on-ramp. Enterprises will have the ability to directly connect to Azure in MEGA-i, either through an onsite point of presence (PoP) or via telco partners, managed service providers or...

April 01, 2020

Microsoft Azure

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

Internap files for Bankruptcy

Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subs...

March 16, 2020

HorizonIQ

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty Trust has closed its acquisition of Interxion. Interxion was one of the largest independent colocation providers in Europe. It was a smart pick up by Digital. The Interxion portfolio includes many densely interconnected buildings which will include Frankfurt, Madrid, Vienna, Ams...

March 13, 2020

Digital Realty Trust

Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

Vantage Data Centers announced its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under constr...

February 10, 2020

Vantage Data Centers

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

Chris Bair joins Stream Data Centers as SVP of Sales

Chris Bair has joined Stream Data Centers as the SVP of Sales and Leasing. Bair, who has arguably the quickest wit in the industry, has over 20 years of experience in the sector. Bair started his career as a Pilot and Captin in the US Air Force. Had a stint at Time Warner Telecom before joi...

December 12, 2019

Stream Data Centers

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

November 22, 2019

STACK INFRASTRUCTURE

Evocative Acquires VPLS, Inc. and VPLS Solutions and will Consolidate under VPLS Brand (PR)

Evocative Data Centers (“Evocative”), a leading provider of Internet infrastructure, colocation, hosting and managed services, announced today that it has acquired VPLS, Inc. and VPLS Solutions, LLC to form one of the fastest growing cloud, managed services, colocation and value added reseller...

November 14, 2019

Evocative

AMP Capital acquires Expedient Data Centers

AMP Capital, An Australian investment firm, has acquired Expedient from Landmark Media Enterprises, the company's current investor. Expedient is an Infrastructure-as-a-Service business focused on colocation, cloud, managed services and networks with a base of over 1,200 customers. Terms were n...

October 23, 2019

Expedient Data Centers

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