Data Center News

Facebook plans massive $29-34 billion CAPEX

Facebook says it plans to spend between $29 billion and $34 billion on capital investments in 2022. This is an increase from the social media giant’s $19 billion spend this year. Chief Financial Officer at Facebook, David Wehner, says the rise in expenditure was due to investments in servers, ...

November 05, 2021

Meta

Facebook is rebranding as Meta

Social Media and advertising giant Facebook have rebranded its company name as ‘Meta.’ The company’s top social media website will retain its name as Facebook. Its subsidiaries Instagram and WhatsApp will also keep their names. The company revealed that it would start trading under the stock t...

October 29, 2021

Meta

Facebook acquires land in Denmark for potential data center development

Facebook has acquired 212 hectares of land in Andrup in Esbjerg, Denmark, for DKK 277 million ($43 million). The Esbjerg municipal announced that Facebook could start planning and surveying the land for building a data center in the future. Mayor Jesper Frost Rasmussen of Esbjerg municipal was...

October 13, 2021

Meta

What can the data center industry learn from the Facebook blackout?

Social media services Facebook, WhatsApp and Instagram recently experienced a six-hour blackout, where users were unable to login, message, and peruse the platforms. But, users weren't the only ones whose access to the platform was interrupted. According to reports, tech giant Facebook also lo...

October 07, 2021

Meta

Uptime Institute finds data center operators are still failing to track environmental impact

The Uptime Institute recently released its 11th annual global data center survey, and unfortunately, the results were disappointing. The survey found that while there is a growing awareness of the need to pursue sustainability goals and create greener operations regarding data centers, most op...

September 24, 2021

Meta

Menlo Equities acquires four Digital Realty data centers in Silicon Valley

Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet...

September 24, 2021

Digital Realty Trust

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

QTS shareholders finally approve $10bn Blackstone acquisition

The shareholders of QTS Realty Trust have finally approved the Company’s acquisition by Blackstone. The deal is expected to be close before the end of August. The two companies first agreed on a deal in June. However, there was a 40-day period in which QTS was given to look for alternative off...

August 27, 2021

QTS Data Centers

Facebook pledges a "water-positive" future by 2030

As the climate crisis reaches breaking point and the number of water-stressed regions across the US increase, Facebook, whose data centers consume huge amounts of water in areas plagued by water scarcity, has promised to reverse its environmental impact.According to Sylvia Lee, Facebook’s sust...

August 20, 2021

Meta

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

EdgeConneX agrees to acquire Israel's Global Data Center

EdgeConneX will be acquiring Israeli-based Global Data Center (GDC). Global Data Center was founded in 2013, and it operates two data centers in Petah Tikva and Herzliya, near Tel Aviv. The Petah Tikva and Herzliya facilities have 64,600 square feet and 48,400 square feet, respectively. GDC...

August 17, 2021

EdgeConneX

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

QTS Data Centers

Lumen divests CenturyLink ILEC assets

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 incl...

August 06, 2021

Lumen Technologies

Flexential enters sale-leaseback deal for Plano data center

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 d...

August 06, 2021

Flexential

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

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...

July 28, 2021

Lumen Technologies

Iron Mountain enters $178 million sale-leaseback deal with Intermediate Capital Group, and would use proceeds to invest in data centers

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 pe...

June 26, 2021

Iron Mountain

Blackstone to acquire QTS Realty Trust for $10 billion

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...

June 07, 2021

QTS Data Centers

QTS Realty Trust launches new Smart Family of data center remote management solutions

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 solutio...

June 01, 2021

QTS Data Centers

Facebook releases Renewable Impact Study

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 econom...

May 27, 2021

Meta

Sila agrees to sell all its data centers to Mapletree for $1.3bn

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. ...

May 20, 2021

Mapletree Redwood Data Centre Trust

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