Data Center News

Read Colt Pre-Leases all of its Frankfurt West Facility 16 months Before Construction is Complete
Colt Pre-Leases all of its Frankfurt West Facility 16 months Before Construction is Complete

Colt Pre-Leases all of its Frankfurt West Facility 16 months Before Construction is Complete

September 09, 2020 Colt Frankfurt West

Colt Colt Data Centre Services has announced that its data centre in West Frankfurt has secured customer commitments for all of the space and power in the facility. The facility is due to be completed in late Q4 2021 and will have a capacity of 25.2 megawatts. This underscores the demand in the...

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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 Console Connect now live in all Global Switch data centres worldwide
Console Connect now live in all Global Switch data centres worldwide

Console Connect now live in all Global Switch data centres worldwide

July 28, 2020 Global Switch

July 28, 2020 – PCCW Global today announced that its Console Connect Software-Defined Interconnection® (SDI®) platform is now available in many more data centres via an extended collaboration with Global Switch, a leading owner, operator and developer of large-scale carrier and cloud neutral data...

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Read Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer
Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer

Iron Mountain Announces 27 Megawatt Pre-Lease in Frankfurt with Fortune 100 Customer

July 13, 2020 Iron Mountain Frankfurt FRA-1

-- New FRA-1 Data Center 100% Pre-Leased -- BOSTON, June 8, 2020 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, today announced that it has signed a 27 megawatt data center lease with a U.S.-based Fortune 100 customer in Frankfurt,...

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

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

July 08, 2020 Vantage Data Centers

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 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 Netrality Acquired INAP's Houston Data Center
Netrality Acquired INAP's Houston Data Center

Netrality Acquired INAP's Houston Data Center

June 03, 2020 HorizonIQ

Netrality has announced that the company has acquired the Internap Holding (“INAP”) data center in Houston. The facility is located in 1301 Fannin, Houston's carrier hotel. The deal seems to work for both sides. Netrality gets more colocation space to sell in their marquee building and INAP gets...

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Read Internap Emerges from Bankruptcy
Internap Emerges  from Bankruptcy

Internap Emerges from Bankruptcy

May 11, 2020 HorizonIQ

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerged...

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Read PFA buys 20% of DATA4 from AXA IM for €200m
PFA buys 20% of DATA4 from AXA IM for €200m

PFA buys 20% of DATA4 from AXA IM for €200m

May 11, 2020 DATA4 Group

Denmark’s largest commercial pension fund PFA has bought a 20% stake in data centre platform DATA4 from AXA in its continued drive to pile on foreign real estate. The DKK688bn (€92.2bn) pension fund said it bought the shares from AXA Investment Managers - Real Assets, which was also serving as...

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Read Northern Data AG announces acquisition of Canadian data center specialist Kelvin Emtech Group (PR)
Northern Data AG announces acquisition of Canadian data center specialist Kelvin Emtech Group (PR)

Northern Data AG announces acquisition of Canadian data center specialist Kelvin Emtech Group (PR)

April 28, 2020 Northern Data AG

Key step forward for existing strategy of expansion into Canada Continuing to accelerate North America growth and expansion Decisive and additive know-how for data centers construction Frankfurt am Main – April 28, 2020 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the world’s...

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Read Google Slows Hiring for Remainder of 2020
Google Slows Hiring for Remainder of 2020

Google Slows Hiring for Remainder of 2020

April 15, 2020 Google

Google has announced a significant slow down in new staff hires. Bloomberg published an email from CEO Sundar Pichai which details its plan to recalibrate hiring because of the economic slowdown. In 2019, Google hired 20,000 people and had planned to hire an additional 20,000 employees. The...

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Read Vantage Acquires NGD, one of Largest Data Centres in Europe
Vantage Acquires NGD, one of Largest Data Centres in Europe

Vantage Acquires NGD, one of Largest Data Centres in Europe

April 07, 2020 Vantage Data Centers

Vantage has announced it is set to acquire Next Generation Data (NGD), one of the largest data centres in Europe. The NGD campus is in the Cardiff Capital Region in South Wales.The acquisition provides Vantage with one of Europe’s largest data center campus totaling 180MW, including an existing...

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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 Internap files for Bankruptcy
Internap files for Bankruptcy

Internap files for Bankruptcy

March 16, 2020 HorizonIQ

Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subsidiaries...

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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 NLDC and The Datacenter Group Rebrand as NorthC
NLDC and The Datacenter Group Rebrand as NorthC

NLDC and The Datacenter Group Rebrand as NorthC

February 17, 2020 NorthC Datacenters

The Datacenter Group (TDCG) and NLDC, who merged in July of 2019, will be rebranded under a new name: NorthC. With ten data centers across the Netherlands, NorthC is the largest regional data center business in the country, serving both large organizations and government institutions as well as...

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Read Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets
Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

February 10, 2020 Vantage Data Centers

Vantage Data Centers announced its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under...

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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 Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang
Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

November 28, 2019 Colt Data Centre Services

Colt Data Centre Services (DCS) today announced the appointment of its new Chief Executive Officer, Niclas Sanfridsson effective December 2nd. Sanfridsson will replace the Detlef Spang as CEO. Detlef Spang plans to retire at the end of this year after leading Colt DCS since the company's...

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