Data Center News

Google to expand its New Albany data center campus in Ohio

Google has announced that it will expand its New Albany data center campus in Ohio with an injection of $1 billion. It first broke ground on the campus back in 2019, and the project has seen $600 million of investment already. On top of its capacity expansion at the New Albany campus, the tec...

August 20, 2021

Google

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

The future of data center back-up energy

With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting cl...

August 06, 2021

Google

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

Apple and Google rally against Ireland's proposed moratorium on new data centers

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 con...

July 28, 2021

Google

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

DataBank purchases existing building for fifth data center in Denver

DataBank has announced that it has purchased an existing land and building in Denver. The land and building acquired would be DataBank’s home for its fifth data center in Denver. This facility is located at 6961 S. Quentin Street in Centennial, CO. DataBank says the facility will help it me...

July 27, 2021

DataBank

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

Switch

Google to migrate parts of YouTube to Google Cloud

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...

June 04, 2021

Google

Switch raises $500 million in senior notes to fund the Data Foundry acquisition

Switch will borrow $500 million to pay for its recent acquisition of Data Foundry for $420 million. Switch will be borrowing $500 million in senior notes. Senior notes are less risky, and the lender gets to pay lower interest. However, senior notes are a priority over other types of debt. Thi...

June 02, 2021

Switch

Google opens quantum computer data center and R&D lab, plans commercial system by 2029

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 c...

May 19, 2021

Google

Google to use Geothermal Energy for Nevada Data Center Campus

Google has announced that it would soon start using geothermal energy to power its Nevada data center. The announcement will see Google become the first hyper-scale cloud operator to use the earth’s heat to power its servers. Fervo Energy, a clean energy startup, will be helping Google develop...

May 18, 2021

Google Henderson NV

Google plans to use greener energy by moving workloads between data centers

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 ...

May 18, 2021

Google

Google Cloud and SpaceX's Starlink to Deliver Secure, Global Connectivity

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 cus...

May 15, 2021

Google

Switch to acquire Data Foundry for $420m

Switch will acquire Data Foundry for $420m in an all-cash transaction. The acquisition is expected to close by mid-2021 if it meets all customary closing conditions. Data Foundry has three highly connected data centers in Austin with an expansion capability of up to 44 MW. It also has one data...

May 03, 2021

Switch

EdgeConneX Expands in 6 North American Markets

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 Ed...

April 28, 2021

EdgeConneX

DataBank issues $658M of Secured Notes

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for gen...

March 12, 2021

DataBank

DataBank closes Acquisition of Zayo's data centers

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 facili...

December 15, 2020

DataBank

DataBank acquires zColo sites from Zayo for $1.4 Billion

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 cen...

September 30, 2020

DataBank

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