Data Center News

Iron Mountain Completes Agreement to Expand footprint to India with JV with Web Werks

Iron Mountain is expected to invest $150 million over the next two years in a joint venture with Web Werks. Web Works is one of India’s top colocation data center providers. Iron Mountain, which is a storage and information management services company first announced its plan to invest on Febr...

April 21, 2021

Iron Mountain

eStruxture will acquire Aptum's Canadian Colocation Business

eStruxture has announced that it will acquire Aptum's Canadian colocation business. With the addition of the new facilities (five in Toronto, two in Montreal and one in Vancouver), eStruxture will operate a total of 14 facilities across Canada, increasing its total footprint to over 600,000 s...

March 30, 2021

eStruxture

Digital Realty Introduces New Connections to Google Cloud In 5 Major Metros

Digital Realty recently said that it has expanded secure, private access to Google Cloud’s global network in Atlanta, Los Angeles, Vienna in Austria, and Dusseldorf in Germany. Digital Realty also announced that it had added its second direct interconnect to Google Cloud in Frankfurt.The direc...

March 23, 2021

Digital Realty Trust

STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in sec...

March 19, 2021

STACK INFRASTRUCTURE

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

Looking back on 2020, Vantage Data Centers doubled in size, raised $3.6B in new capital, entered international markets and increased IT capacity by more than 90 percent

DENVER (January 27, 2021) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, announced today that it doubled its size in terms of markets served and increased IT capacity by more than 90 percent in 2020 with the company’s entrance into the European market an...

January 27, 2021

Vantage Data Centers

Digital Realty Relocates Headquarters to Austin

Digital Realty (DLR) has announced it will relocate its corporate headquarters to Austin, Texas from San Francisco, California. DLR will maintain a presence in the San Francisco Bay Area as one of the world's leading technology hubs.Digital Realty already operates a significant data center foo...

January 15, 2021

Digital Realty Trust

Cologix Starts Construction on Large Ashburn Data Center

Cologix has announced it broke ground on a large data center near the Equinix Ashburn campus. The Cologix campus will eventually be 1 million sqft and 120-megawatts. The two-story first phase will be 350,000 sqft spread across 16 data halls. Later phases call for the removal of the church and ...

December 16, 2020

Cologix Ashburn ASH1

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

Vantage Acquires Hypertec's Data Centers becomming a large provider in Montreal

Vantage Data Centers has acquired the data center business of services company Hypertec. With Hypertec's facilities, Vantage will become a large player with additional capacity in the Montreal market. Hypertec’s 49MW campus includes 25MW across two existing facilities and 24MW of expansion cap...

November 23, 2020

Vantage Data Centers

Vantage Raises an additional 1.25 Billion in Equity Capital from Digital Colony

DENVER (November 19, 2020) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has raised US$1.25 billion in incremental equity capital from its existing investors, led by Digital Colony. This funding will be used to fuel ongoing expan...

November 19, 2020

Vantage Data Centers

Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

Company leverages favorable interest rates to reduce costs, extend debt maturity profile and fund expansion opportunities DENVER – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company raised US$1.3 billion in securitized notes. Th...

October 06, 2020

Vantage Data Centers

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal ...

October 01, 2020

Equinix

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

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

STACK closes an additional $325 Million in Debt Financing

Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Rel...

September 01, 2020

STACK INFRASTRUCTURE

Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing

VIENNA, Va. /PRNewswire/ -- Element Critical, a leading provider of IT infrastructure with premium data centers in Silicon Valley, Chicago, and Northern Virginia today announces the promotion of Wayne Dietrich to Chief Operating Officer. With diverse management experience spanning over two dec...

July 09, 2020

Element Critical

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it ...

July 08, 2020

Vantage Data Centers

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

New Dark Fiber Provider, DF&I, Announced Investment from IPI (PR)

ASHBURN, Va., /PRNewswire/ -- Dark Fiber & Infrastructure, LLC ("DF&I" or the "Company") today announced it has signed a definitive agreement to receive a majority investment from IPI Partners, LLC ("IPI"). IPI's investment will be used to accelerate the growth of DF&I's footprint ...

June 16, 2020

Northern Virginia

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