Data Center News

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

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

Cologix releases its first ESG report

Cologix recently released its first Environmental, Social, and Governance (ESG) report. Within the report, the hyperscale company made a number of commitments, including a pledge to improve its energy efficiencies and harness renewable energy options "where available." Currently, Cologix powe...

August 20, 2021

Cologix

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

Evoque Data Centers acquires Foghorn Consulting

Evoque Data Center Solutions has completed the acquisitions of Foghorn Consulting, a cloud consulting and engineering services company based in Silicon Valley. Evoque said acquiring Foghorn will help it serve its customers’ cloud needs better. With the acquisition, Evoque has expanded its appl...

July 06, 2021

Csquare

Evoque Data Center Solutions partners with four additional network service providers

Evoque Data Center Solutions has announced partnerships with four Network Service Providers (NSPs). It looks to use the partnership to expand its vendor-neutral approach to offering state-of-the-art connectivity to its customers. The new NSPs include Bandwith IG, Everstream, United Private Ne...

June 07, 2021

Csquare

365 Data Centers Appoints Steve Oakie as Chief Revenue Officer

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...

May 26, 2021

365 Data Centers

365 Data Centers Acquires Atlantic Metro

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 contin...

November 16, 2020

365 Data Centers

Stonecourt Capital Acquires a Majority stake in 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: N...

October 06, 2020

365 Data Centers

Tom Marx joins Evoque as Chief Revenue Officer

Tom Marx will join Evoque as Chief Revenue Officer. Marx, who is based in Denver, spent the majority of his career at tw telecom subsequently Level3/CenturyLink via acquisition. Evoque Press Release on Sept 28, 2020:DALLAS – Evoque Data Center Solutions™, one of the world’s 20 largest data...

September 28, 2020

Csquare

Andy Stewart becomes Evoque's new CEO

Evoque Data Center Solutions has appointed Andy Stewart as CEO, effective immediately. Stewart brings more than 15 years of senior management experience, including a decade of strategic development and execution, to Evoque. He previously served chief strategy officer at TierPoint, where he was...

June 16, 2020

Csquare

Laura Ortman (CRO) and Dawn Smith (COO) join Cologix

Cologix, a network and cloud-neutral interconnection and data-center company, today announced it has added two new executives to its leadership team as the company prepares to rapidly expand its data center colocation and interconnection services. Laura Ortman joins Cologix as President and Ch...

November 12, 2018

Cologix

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

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 billi...

May 01, 2017

Verizon Enterprise

365 Data Centers Acquired Chirisa Investments (PR)

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 eig...

April 25, 2017

365 Data Centers

400 N Tampa sells for almost $80M

Park Tower, at 400 N. Tampa St., has been sold to City Office REIT for $79.75 million. The seller was New York-based Sterling American Property Inc., which paid $50 million for the tower in 2006. The 36-story Park Tower was built in 1973, according to property records. Sterling has recently c...

November 04, 2016

WOW! Tampa

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