Data Center News

KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn

KKR & Global Infrastructure Partners have announced that they have completed and closed the acquisition of CyrusOne. The acquisition sees the public company become private. The acquisition fee is $15 billion, making it the largest Merger and Acquisition deal in the data center industry ...

April 04, 2022

CyrusOne

Flexential expands and announces Atlanta construction

Flexential has announced that it is planning to expand this year, and will add 22MW of new data center development projects this year, at double the growth rate of 2021.In conjunction with this, the company announced that it had completed its 36MW Hillsboro 3 data center in Portland, Oregon, ...

March 24, 2022

Flexential

CyrusOne joins the orchard initiative

As more and more companies in the digital infrastructure sector realize the efforts required to change the trajectory of our planet’s path, more are joining different eco projects to contribute to the transformation. CyrusOne is one of these companies and has announced that it has joined Host ...

March 18, 2022

CyrusOne

Argo Infrastructure Partners Invests $500m in TierPoint

TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide...

March 02, 2022

TierPoint

CyrusOne makes headway on sustainability goals

CyrusOne has announced that in line with its ambition to become data climate-neutral by 2030, its Dallas, Texas headquarters is now powered by 100% renewable energy. It is also the latest part of its portfolio to be net-water positive. CyrusOne is also one of the signatories of the Climate Ne...

February 16, 2022

CyrusOne

USDA awards Lumen with a $1.2 billion network services contract

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

January 21, 2022

Lumen Technologies

American Tower Finalizes CoreSite Acquisition

American Tower Corporation has announced that it has successfully completed the acquisition of CoreSite Realty Corporation. The company completed the acquisition by merging one of its subsidiaries with CoreSite. American Tower funded the transaction through borrowings revolving around term loa...

December 31, 2021

American Tower Corporation

Flexential's sustainability-linked financing: $2.1 billion raised via inaugural securitization financing

Flexential has announced the completion of a $2.1 billion securitization financing offer, which, according to the company, is the largest single asset-backed securities (ABS) issuance. On top of that, it is also the largest-ever green data center ABS financing. With this money, it will work to...

December 03, 2021

Flexential

KKR and Global Infrastructure Partners Acquire CyrusOne for $15 billion

Investment firm KKR, alongside Global Infrastructure Partners, has completed the acquisition of CyrusOne for $15 billion. CyrusOne owns and operates up to 50 data centers worldwide. Co-founder and interim President and CEO of CyrusOne, Dave Ferdman, commented that CyrusOne had built one of ...

November 16, 2021

CyrusOne

American Tower acquires CoreSite for $10.1 billion

American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said Ame...

November 16, 2021

CyrusOne

CyrusOne to outsource the management of its US data centers to JLL

CyrusOne has announced that it will be outsourcing the management of its US data centers to JLL. The agreement is expected to start on January 1st, 2022. CyrusOne announced the deal in an email it sent to its customers. In the email, CyrusOne says transitioning the management of its US data...

October 29, 2021

CyrusOne

An IBM-occupied data center in Dallas has been sold for $41 million

Five 9s Digital has revealed that it advised the owner of an IBM-leased data center in Dallas, Texas, to sell it off. The unnamed owner sold the facility for $41 million. However, the exact data center the firm sold can’t be identified at this moment as IBM has many data centers in Dallas. IBM...

October 22, 2021

Kyndryl

American Tower acquires DataSite

American Tower has announced that it has completed the acquisition of DataSite. American Tower has now added two new data centers to its portfolio of state-of-the-art colocation facilities with the purchases. In addition, the investment also means American Tower will now manage and operate ...

October 08, 2021

American Tower Corporation

CyrusOne exploring the sale of its company

According to Reuters, CyrusOne is considering the sale of its business. It is said to be exploring some strategic changes that might include a sale. CyrusOne is a real estate investment trust that has a market cap of up to $9 billion. The Company is exploring its options with investment ban...

September 29, 2021

CyrusOne

BentallGreenOak completes the acquisition of two Canadian IBM data centers in sale-leaseback deals

A Canadian property manager called BentallGreenOak has acquired two IBM data centers in Canada in sale-leaseback transactions. BGO announced that it bought the two facilities. One of the facilities it acquired is in Montreal, while the other is in Markham. The facility in Montreal is at 275...

September 28, 2021

Kyndryl

TierPoint to build new data center in Missouri

TierPoint has announced that it is expanding in Missouri by investing $20 million into building a 23,000 square feet Tier III data center in the St. Louis region. The data center firm already has three facilities in Missouri; two in St. Louis and one in Kansas City. TierPoint has also secur...

September 10, 2021

TierPoint

CyrusOne awarded for net water positive efforts

CyrusOne's commitment was recently recognized by The Environment + Energy Leader Awards program, which awarded the company with the Top Project of the Year Award. The program highlights products and services that provide companies with environmental and energy benefits. CyrusOne secured the a...

September 08, 2021

CyrusOne

Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...

September 07, 2021

Lumen Technologies

Mapletree acquires Lumen’s Minnesota data center for $26 million

As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....

August 18, 2021

Mapletree Redwood Data Centre Trust

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

Mapletree Redwood Data Centre Trust

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