Data Center News

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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Read H5 Data Centers Announces Phase Two Expansion at its Phoenix Data Center
H5 Data Centers Announces Phase Two Expansion at its Phoenix Data Center

H5 Data Centers Announces Phase Two Expansion at its Phoenix Data Center

May 30, 2019 H5 Phoenix

Chandler, AZ-H5 Data Centers, a national colocation and wholesale data center provider, today announced a 25,000 SF expansion of its Phoenix colocation facility located at 2600 W. Germann Road in Chandler, AZ. The second phase development at the 180,000 square-foot data center adds needed...

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

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

May 28, 2019 CyrusOne

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 after...

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Read Bytegrid is Acquired by Lincoln Rackhouse
Bytegrid is Acquired by Lincoln Rackhouse

Bytegrid is Acquired by Lincoln Rackhouse

May 07, 2019 Lincoln Property Company

Lincoln Rackhouse has announced that has acquired Bytegrid. With the acquisition, Rackhouse adds 3 facilities and a total of 320,000 square feet and 16 megawatts of power to its portfolio. Resources and Links Rackhouse Press Release (full text below) DCF Article DCD Article Rackhouse Press...

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

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

May 01, 2019 CyrusOne

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 annualized...

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Read Apple is Reducing Spend on AWS
Apple is Reducing Spend on AWS

Apple is Reducing Spend on AWS

April 25, 2019 Apple

AppleInsider reports that Apple's spending on Amazon Web Services is declining. This makes sense, as Apple continues to build their own data centers, their reliance on 3rd party cloud services will decline. That said, Apple needs to work out a better "edge" CDN solution to deliver their content...

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Read Digital Realty And Ascenty Are Building New Facility in Chile to Support a Multi-Megawatt Cloud Deployment (Press Release)
Digital Realty And Ascenty Are Building New Facility in Chile to Support a Multi-Megawatt Cloud Deployment (Press Release)

Digital Realty And Ascenty Are Building New Facility in Chile to Support a Multi-Megawatt Cloud Deployment (Press Release)

April 25, 2019 Digital Realty Trust

Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, and Ascenty, a market leader in data center services in Latin America, announced today a long-term, multi-megawatt agreement with a leading global cloud provider to build a new facility...

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Read Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners
Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners

Aligned Energy Announces New Strategic Investment by Macquarie Infrastructure Partners

April 23, 2019 Aligned

DALLAS, April 23, 2018 /PRNewswire/ -- Aligned Energy (the "Company"), a leading data center provider, today announced it has received a strategic investment from Macquarie Infrastructure Partners ("MIP"), which will support the Company's growth with significant additional capital. Aligned Energy...

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

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

April 12, 2019 CyrusOne

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 $200...

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Read Microsoft Plans 2 New Data Centers in Sweden
Microsoft Plans 2 New Data Centers in Sweden

Microsoft Plans 2 New Data Centers in Sweden

March 25, 2019 Microsoft Azure

Microsoft is reportedly building two new datacenters in Sweden, according to Swedish Newspaper Gefle Dagblad (via MSN). It was previously reported in December that the company had acquired 130 hectares of land in the municipalities of of Gävle and Sandviken, near the Swedish capital Stockholm....

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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 Stream Data Centers to Develop Hyperscale Data Center Campus in Phoenix Market
Stream Data Centers to Develop Hyperscale Data Center Campus in Phoenix Market

Stream Data Centers to Develop Hyperscale Data Center Campus in Phoenix Market

February 15, 2019 Stream: Goodyear AZ

DALLAS, Feb. 15, 2019 /PRNewswire/ -- Stream Data Centers, an industry leader in providing premium data center solutions, announces today that it has acquired a 418,000-square-foot facility on 157 acres of land in Goodyear, Arizona, where it will establish a data center campus for hyperscale and...

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