Data Center News

Read DataBank is Expanding its IND1 data center
DataBank is Expanding its IND1 data center

DataBank is Expanding its IND1 data center

April 30, 2021 Databank Indianapolis IND1

DataBank has announced an expansion of its IND1 data center in Indiana. The company is a leading provider of enterprise-class colocation, connectivity, and managed services. Part of the expansion includes 6,500 square feet of raised floor space and an additional megawatt of power to meet the...

Read more
Read DC BLOX secures $187 million in Financing
DC BLOX secures $187 million in Financing

DC BLOX secures $187 million in Financing

March 30, 2021 DC BLOX

DC BLOX has announced that they have secured $187 million for long-term financing of their operations. The funding was led by Post Road Group and Bain Capital Credit. Kevin O’Donnell, the Chief Financial Officer of DC BLOX, commented that the capital raised would support the growth of the...

Read more
Read DartPoints acquires Immedion
DartPoints acquires Immedion

DartPoints acquires Immedion

March 16, 2021 DartPoints

DartPoints that it has signed an agreement to acquire Immedion and all its eight data centers. The eight data centers are in seven metropolitan areas, which are; Asheville, NC., Charleston, SC., Columbia, SC., Greenville, SC., Spartanburg, SC., Columbus, Ind., and Cincinnati. The transaction for...

Read more
Read DataBank issues $658M of Secured Notes
DataBank issues $658M of Secured Notes

DataBank issues $658M of Secured Notes

March 12, 2021 DataBank

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...

Read more
Read 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
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

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

January 27, 2021 Vantage Data Centers

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 and...

Read more
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...

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

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

November 23, 2020 Vantage Data Centers

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...

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

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

November 19, 2020 Vantage Data Centers

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 expansion...

Read more
Read DartPoints Acquires Metro Data Centers
DartPoints Acquires Metro Data Centers

DartPoints Acquires Metro Data Centers

October 28, 2020 DartPoints

Acquisition expands DartPoints’ North American footprint to Central OhioDALLAS--(BUSINESS WIRE)--DartPoints, an owner and operator of edge colocation data centers, announces its acquisition of Metro Data Centers (MDC), a full-service provider of interconnection and data center solutions in...

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

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

October 06, 2020 Vantage Data Centers

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. The...

Read more
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...

Read more
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...

Read more
Read DartPoints Receives Investment from Astra Capital Management
DartPoints Receives Investment from Astra Capital Management

DartPoints Receives Investment from Astra Capital Management

May 06, 2020 DartPoints

Majority Investment Will Accelerate Buy and Build Strategy Across North America - DartPoints is an owner and operator of edge colocation data centers, which offer secure and reliable infrastructure in close proximity to users, particularly beyond Tier I markets - Accomplished telecommunications...

Read more
Read DC BLOX hires David Armistead as VP of Sales
DC BLOX hires David Armistead as VP of Sales

DC BLOX hires David Armistead as VP of Sales

May 05, 2020 DC BLOX

DC BLOX has announced that it has hired David Armistead as their new Vice President of Sales.Armistead has spent 25 years in the industry at other companies in the industry including C Spire and SunGard. Links: Press Release David Armistead Linkedin

Read Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)
Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

April 30, 2020 Sabey Data Centers

Sabey Data Centers, one of the largest privately-owned multi-tenant data center owner/developer/operators in the United States, announced today that it has completed a major financing by successfully completing its inaugural issuance of $800 million in securitized notes. Structured by Guggenheim...

Read more
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...

Read more
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...

Read more
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...

Read more
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...

Read more
Read AMP Capital acquires Expedient Data Centers
AMP Capital acquires Expedient Data Centers

AMP Capital acquires Expedient Data Centers

October 23, 2019 Expedient Data Centers

AMP Capital, An Australian investment firm, has acquired Expedient from Landmark Media Enterprises, the company's current investor. Expedient is an Infrastructure-as-a-Service business focused on colocation, cloud, managed services and networks with a base of over 1,200 customers. Terms were not...

Read more

Ready to Level up Your
Data Center Strategy?