Data Center News

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 center...

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Read Tom Marx joins Evoque as Chief Revenue Officer
Tom Marx joins Evoque as Chief Revenue Officer

Tom Marx joins Evoque as Chief Revenue Officer

September 28, 2020 Csquare

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 center...

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Read STACK closes an additional $325 Million in Debt Financing
STACK closes an additional $325 Million in Debt Financing

STACK closes an additional $325 Million in Debt Financing

September 01, 2020 STACK INFRASTRUCTURE

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 Release...

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

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

July 09, 2020 Element Critical

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...

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Read Facebook will build a new Data Center Campus in Illinois
Facebook will build a new Data Center Campus in Illinois

Facebook will build a new Data Center Campus in Illinois

July 02, 2020 Hyperscale Data Center

Facebook has announced that it will build a new data center campus in DeKalb Illinois The DeKalb Data Center facts: The campus is on 505 acres located on Route 23 and Gurler Road. The Facebook-owned land can accommodate five buildings, and two will be completed by 2022. The five buildings will be...

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Read Andy Stewart becomes Evoque's new CEO
Andy Stewart becomes Evoque's new CEO

Andy Stewart becomes Evoque's new CEO

June 16, 2020 Csquare

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...

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Read Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)
Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

June 08, 2020 Equinix

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...

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Read Aligned Increases Facility to $575 Million (PR)
Aligned Increases Facility to $575 Million (PR)

Aligned Increases Facility to $575 Million (PR)

May 11, 2020 Aligned

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences...

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Read Compass completes ROOT integration
Compass completes ROOT integration

Compass completes ROOT integration

May 06, 2020 Compass Datacenters

Compass has announced on their blog that they have completed the integration of the ROOT data centers. ROOT was acquired in July 2019. The announcement states, "Over the past few months, we’ve been hard at work integrating the two companies’ construction, operations, marketing, and sales teams....

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Read SUNeVision lands Microsoft ExpressRoute on MEGA Campus
SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

April 01, 2020 Microsoft Azure

SUNeVision Holdings Ltd, a Data centre provider in Hong Kong, has announced a new Microsoft Azure ExpressRoute on-ramp. Enterprises will have the ability to directly connect to Azure in MEGA-i, either through an onsite point of presence (PoP) or via telco partners, managed service providers or...

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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 TierPoint Raises $320 Million from Consortium of Investors (PR)
TierPoint Raises $320 Million from Consortium of Investors (PR)

TierPoint Raises $320 Million from Consortium of Investors (PR)

March 24, 2020 TierPoint

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by...

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Read Digital Realty completes Acquisition of Interxion, a European Colocation Provider
Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

March 13, 2020 Digital Realty Trust

Digital Realty Trust has closed its acquisition of Interxion. Interxion was one of the largest independent colocation providers in Europe. It was a smart pick up by Digital. The Interxion portfolio includes many densely interconnected buildings which will include Frankfurt, Madrid, Vienna,...

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Read T5 adds a second facility in suburban Chicago
T5 adds a second facility in suburban Chicago

T5 adds a second facility in suburban Chicago

January 21, 2020 T5 Chicago II

T5 Data Centers has acquired a data center in Elk Grove, on the West side of Chicago. The 164,000 sqft facility is located in the Elk Grove Technology Park and is the company's second facility in Elk Grove. T5's first Chicago area data center is 1.5 miles away at 1441 Touhy Ave The facility is...

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Read Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico
Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

January 09, 2020 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....

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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 Chris Bair joins Stream Data Centers as SVP of Sales
Chris Bair joins Stream Data Centers as SVP of Sales

Chris Bair joins Stream Data Centers as SVP of Sales

December 12, 2019 Stream Data Centers

Chris Bair has joined Stream Data Centers as the SVP of Sales and Leasing. Bair, who has arguably the quickest wit in the industry, has over 20 years of experience in the sector. Bair started his career as a Pilot and Captin in the US Air Force. Had a stint at Time Warner Telecom before joining...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

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Read Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)
Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

Aligned Energy Secures $495 Million Facility to Support Expansion Plans (PR)

October 22, 2019 Aligned

DALLAS – Aligned Energy, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announced today it has completed a $495 million secured credit facility with investors including...

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