Data Center News

Read DataBank closes Acquisition of Zayo's data centers
DataBank closes Acquisition of Zayo's data centers

DataBank closes Acquisition of Zayo's data centers

December 15, 2020 DataBank

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's...

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Read DataBank acquires zColo sites from Zayo for $1.4 Billion
DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank acquires zColo sites from Zayo for $1.4 Billion

September 30, 2020 DataBank

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data...

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Read CyrusOne amends $2.5 Billion Credit Facility
CyrusOne amends $2.5 Billion Credit Facility

CyrusOne amends $2.5 Billion Credit Facility

April 01, 2020 CyrusOne

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or term...

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Read DataBank Announces $185 Million Equity Investment from Colony Capital (PR
DataBank Announces $185 Million Equity Investment from Colony Capital (PR

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

January 06, 2020 DataBank

DALLAS, Jan. 6, 2020 /PRNewswire/ -- DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existing...

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Read CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)
CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

May 28, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil after...

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Read CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY
CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

May 01, 2019 CyrusOne

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in annualized...

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Read CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)
CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

CyrusOne Sells GDS Shares to Raise Approximately $200 Million of Proceeds (Press Release)

April 12, 2019 CyrusOne

DALLAS--(BUSINESS WIRE)--Apr. 12, 2019-- CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that it has sold approximately 5.7 million American depository shares (“ADSs”) of GDS Holdings Limited (“GDS”) (NASDAQ: GDS) for a total purchase price of approximately $200...

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Read CyrusOne Completes the Zenium Acquisition
CyrusOne Completes the Zenium Acquisition

CyrusOne Completes the Zenium Acquisition

August 27, 2018 CyrusOne

DALLAS–(BUSINESS WIRE)–Aug. 27, 2018– CyrusOne Inc. (“CyrusOne”) (NASDAQ: CONE), a premier global data center REIT, today announced that it has closed its previously announced acquisition of Zenium Data Centers (“Zenium”), a leading hyperscale data center provider with properties in London and...

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