Data Center News

Read Macquarie Capital Partners with Prime Data Centers for potential $5 billion capital investment
Macquarie Capital Partners with Prime Data Centers for potential $5 billion capital investment

Macquarie Capital Partners with Prime Data Centers for potential $5 billion capital investment

June 25, 2021 Prime Data Centers

Macquarie Capital has entered into a partnership with Prime Data Centers. It also made an undisclosed equity investment in Prime data center. However, both Companies claim that the partnership will give way for capital investments of over $5 billion over the next ten years. Furthermore, the...

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Read NTT explains its German data center expansion plans
NTT explains its German data center expansion plans

NTT explains its German data center expansion plans

June 22, 2021 NTT

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin. NTT has broken ground on...

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Read Tokyo Century partners with NTT for data center business in India
Tokyo Century partners with NTT for data center business in India

Tokyo Century partners with NTT for data center business in India

June 17, 2021 NTT

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in data...

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Read Blackstone to acquire QTS Realty Trust for $10 billion
Blackstone to acquire QTS Realty Trust for $10 billion

Blackstone to acquire QTS Realty Trust for $10 billion

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

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

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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Read 365 Data Centers Appoints Steve Oakie as Chief Revenue Officer
365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

May 26, 2021 365 Data Centers

365 Data Centers has announced that it has appointed Steve Oakie as Chief Revenue Officer. With over 20 years of experience leading technology sales and marketing teams, Oakie will be responsible for revenue generation and retention and driving long-term customer and partner relationships. He...

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Read NTT and SKY Perfect JSAT to launch data center in space
NTT and SKY Perfect JSAT to launch data center in space

NTT and SKY Perfect JSAT to launch data center in space

May 20, 2021 NTT

Is space the new edge? NTT is planning to develop a data center in space. NTT will be working with SKY Perfect Holdings, a Japanese satellite company, to develop the project. Plans are in place for trials to start in 2022, launch in 2025, and for operations to begin in 2026. The orbiting data...

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

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

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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Read EdgeConneX Expands in 6 North American Markets
EdgeConneX Expands in 6 North American Markets

EdgeConneX Expands in 6 North American Markets

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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Read 365 Data Centers Acquires Atlantic Metro
365 Data Centers Acquires Atlantic Metro

365 Data Centers Acquires Atlantic Metro

November 16, 2020 365 Data Centers

365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, announces its acquisition of Atlantic Metro Communications, which provides tailored colocation, network and cloud services to large and mid-size enterprises. While continuing...

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Read Stonecourt Capital Acquires a Majority stake in 365 Data Centers
Stonecourt Capital Acquires a Majority stake in 365 Data Centers

Stonecourt Capital Acquires a Majority stake in 365 Data Centers

October 06, 2020 365 Data Centers

Private equity investor Stonecourt Capital has acquired a majority stake in 365 Data Centers. The original investors (Lumerity Capital and Longboard Advisors) have reinvested into 365. However, Chirisa Investments and Turning Rock Partners have exited as investors.365 Press Release is below:...

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Read EQT acquires EdgeConneX
EQT acquires EdgeConneX

EQT acquires EdgeConneX

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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Read Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States
Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

June 23, 2020 Mapletree Redwood Data Centre Trust

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purchase...

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Read Prime Data Centers Launches 8MW Data Center at McClellan Park, Sacramento
Prime Data Centers Launches 8MW Data Center at McClellan Park, Sacramento

Prime Data Centers Launches 8MW Data Center at McClellan Park, Sacramento

January 14, 2020 Prime Sacramento

SACRAMENTO, Calif./PRNewswire/ -- Prime Data Centers Corporation is announcing the immediate availability of an 8MW data center facility located within McClellan Business Park in Sacramento California, a Federal Qualified Opportunity Zone. This brand-new facility with ~70,000 SF of N+1...

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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 L.A. Moving City Operations to State Data Center in $10.5M Deal
L.A. Moving City Operations to State Data Center in $10.5M Deal

L.A. Moving City Operations to State Data Center in $10.5M Deal

March 21, 2019 Dept of Technology Rancho Cordova

The city of Los Angeles is giving up on its 30-year-old legacy mainframe system and is contracting with the California Department of Technology to move its operations to the State Data Center in Sacramento. The city will pay the state $10.5 million for three years of service, with an option to...

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Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Verizon Enterprise

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

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Read 365 Data Centers Acquired Chirisa Investments (PR)
365 Data Centers Acquired Chirisa Investments (PR)

365 Data Centers Acquired Chirisa Investments (PR)

April 25, 2017 365 Data Centers

GREENWICH, Conn., /PRNewswire/ -- An investor group, led by Chirisa Investments in partnership with Lumerity Capital LLC and Longboat Advisors LLC, announced today that it has acquired 365 Data Centers, a leading provider of data center solutions for carrier, content and cloud customers in eight...

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