August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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August 06, 2021 Flexential
Flexential has made a leaseback agreement with Legacy Investing and Invesco Real Estate for its data center facility in Plano. The deal will see Flexential add 130,000 square feet to its existing space, which means it will be doubling its capacity with the expansion. None of the companies...
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July 28, 2021 Google
Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid...
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July 28, 2021 Lumen Technologies
Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...
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June 26, 2021 Iron Mountain
US Real Estate Investment Company Iron Mountain has announced that it sold five facilities in the greater London area to Intermediate Capital Group (ICG). The sale agreement also included a leaseback deal for the facilities. Iron Mountain will remain in the facilities for an initial 12 year...
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June 07, 2021 QTS Data Centers
Blackstone Group Inc has reportedly entered into an agreement to purchase QTS Realty Trust Inc for a total of $6.7 billion. According to the WSJ, the group's infrastructure unit, Blackstone Infrastructure Partners, with BREIT, its non-traded real-estate investment trust, has agreed to pay $78 a...
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June 04, 2021 Google
Google has decided to migrate some of its YouTube infrastructure to its own Google Cloud Service. Initially, many of Google’s key services like YouTube and its search engine are being hosted on internal infrastructure that isn’t Google Cloud Computing Service (GCP). Thomas Kurian, CEO of Google...
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June 01, 2021 QTS Data Centers
QTS Realty Trust has announced its new Smart Family of data center remote management solutions. The Smart Family solution is built on advanced tech, including artificial intelligence, machine learning, and preemptive understanding into customers’ colocation environment.QTS Smart family solutions...
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May 27, 2021 Meta
A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive economic...
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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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May 19, 2021 Google
Google just opened its new Quantum campus, which houses its quantum computers and serves as a Research and Development lab for future developments. The latest data center campus is located in Santa Barbara County, California. Google is also planning to spend billions of dollars on building a...
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May 18, 2021 Google
Google will be moving workloads to data centers where renewable energy is available to boost renewable energy usage. Ross Koningstein, Co-founder of Google’s Carbon Intelligence Computing program, said that shifting compute tasks across locations is the Company’s first step in carbon-aware...
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May 15, 2021 Google
Google Cloud and SpaceX have announced that they have entered a new partnership which will see SpaceX's Starlink begin to locate its satellite ground stations within Google data centers. Together, through the partnership, the two firms will deliver cloud services, data and applications to...
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May 12, 2021 Digital Fortress: Richmond
Digital Fortress has announced a new wholesale data campus in Richmond, Virginia. This 75-acre campus is now the largest data center in Digital Fortress’ eastern United States portfolio. The new data campus is Gold LEED-certified, and it is designed to Tier III standards with access to 4.2MW of...
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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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April 21, 2021 Iron Mountain
Iron Mountain is expected to invest $150 million over the next two years in a joint venture with Web Werks. Web Works is one of India’s top colocation data center providers. Iron Mountain, which is a storage and information management services company first announced its plan to invest on...
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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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March 26, 2021 Mapletree: 8011 Villa Park
Mapletree Industrial Trust (MIT), a Singapore based REIT, acquired Bank of America’s campus at 8011 Villa Park Drive on March 12 for $208 million. The 46-acre campus in Richmond Virginia has five office buildings with a mix of office and data center space. The campus is 100 percent leased by...
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January 19, 2021 Digital Fortress
Digital Fortress has announced that it has acquired three facilities in Portland from Atmosera. Atmosera will now focus on building its Microsoft Azure services. With the acquisition, Digital Fortress now has 10 facilities across the United States. Digital Fortress was formed in 2012 from the...
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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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