Data Center News

Read Internap Emerges from Bankruptcy
Internap Emerges  from Bankruptcy

Internap Emerges from Bankruptcy

May 11, 2020 HorizonIQ

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 emerged...

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Read Aligned Increases Facility to $575 Million (PR)
Aligned Increases Facility to $575 Million (PR)

Aligned Increases Facility to $575 Million (PR)

May 11, 2020 Aligned

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...

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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 Google Slows Hiring for Remainder of 2020
Google Slows Hiring for Remainder of 2020

Google Slows Hiring for Remainder of 2020

April 15, 2020 Google

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...

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Read Landmark Dividend acquires eBay Paypal data center in Phoenix
Baxtel

Landmark Dividend acquires eBay Paypal data center in Phoenix

April 15, 2020 eBay Arizona

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...

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Read Vantage Acquires NGD, one of Largest Data Centres in Europe
Vantage Acquires NGD, one of Largest Data Centres in Europe

Vantage Acquires NGD, one of Largest Data Centres in Europe

April 07, 2020 Vantage Data Centers

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 existing...

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Read SUNeVision lands Microsoft ExpressRoute on MEGA Campus
SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

April 01, 2020 Microsoft Azure

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...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

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 term...

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Read Internap files for Bankruptcy
Internap files for Bankruptcy

Internap files for Bankruptcy

March 16, 2020 HorizonIQ

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 subsidiaries...

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Read Digital Realty completes Acquisition of Interxion, a European Colocation Provider
Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

March 13, 2020 Digital Realty Trust

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,...

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

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

February 10, 2020 Vantage Data Centers

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...

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

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

January 06, 2020 DataBank

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 existing...

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Read Chris Bair joins Stream Data Centers as SVP of Sales
Chris Bair joins Stream Data Centers as SVP of Sales

Chris Bair joins Stream Data Centers as SVP of Sales

December 12, 2019 Stream Data Centers

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 joining...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

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...

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

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

November 14, 2019 Evocative

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 resellers...

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Read AMP Capital acquires Expedient Data Centers
AMP Capital acquires Expedient Data Centers

AMP Capital acquires Expedient Data Centers

October 23, 2019 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 not...

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Read Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)
Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

October 22, 2019 Aligned

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

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Read NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic
NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

NTT to rebrand regional subsidiaries, impacts RagingWire, e-shelter, Gyron, NetMagic

September 18, 2019 NTT

Data Center Frontier reports that NTT plans to rebrand all its data center subsidiaries into one brand. The combined company will be launched at PTC in January 2020 and be headquartered in LondonThe rebrand includes all of NTT subsidiaries. RagingWire e-shelter NetMagic Gyron and NTT branded data...

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Read Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites
Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

Rackhouse Sells Bytegrid's Hosting and Managed Assets to Agile Data Sites

July 23, 2019 Lincoln Property Company

Lincoln Rackhouse is selling service related line of business that it acquired when it bought Bytegrid two months ago. Rackhouse is selling the colocation, hosting, and managed services products that Bytegrid formerly managed. Rackhouse will maintain the data centers and will focus on its...

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Read Compass Datacenters Begins Construction Of First Two Data Centers On Phoenix Campus (PR)
Compass Datacenters Begins Construction Of First Two Data Centers On Phoenix Campus (PR)

Compass Datacenters Begins Construction Of First Two Data Centers On Phoenix Campus (PR)

July 09, 2019 Compass Phoenix

Compass Datacenters has begun construction of the first two data centers on its campus in the Phoenix suburb of Goodyear, Arizona. The two buildings will deliver a combined 72 MW of IT load, and construction is projected to be completed in Q4 2019. The master plan for the first series of...

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