Data Center News

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 EdgeConneX Acquires Expansion Facilities in Santa Clara
EdgeConneX Acquires Expansion Facilities in Santa Clara

EdgeConneX Acquires Expansion Facilities in Santa Clara

August 19, 2020 EdgeConneX Santa Clara

EdgeConneX has bought 3 buildings in Santa Clara totaling 229,000 square feet. The Mercury News reports that "An EdgeConneX affiliate, EdgeConneX Silicon Valley Holdings II, paid $83.3 million for the buildings, Santa Clara County documents filed on Aug. 14 show." 1700 Richard Ave: Current...

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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 Colovore Adds 3.5MW High-Density Colocation Capacity to Silicon Valley
Colovore Adds 3.5MW High-Density Colocation Capacity to Silicon Valley

Colovore Adds 3.5MW High-Density Colocation Capacity to Silicon Valley

August 18, 2020 Colovore: SJC01

SANTA CLARA, Calif., /PRNewswire/ -- Colovore, the Bay Area's leading provider of high-performance colocation for high-performance computing infrastructure, today announced that it has expanded again and now has 3.5 MW of high-density capacity currently available in supply-constrained Silicon...

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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 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 Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States
Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

June 23, 2020 Mapletree Redwood Data Centre Trust

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purchase...

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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 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 CoreSite raises $150 million in debt offering
CoreSite raises $150 million in debt offering

CoreSite raises $150 million in debt offering

May 06, 2020 CoreSite

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

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 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 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 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 STACK is adding a second facility next to its existing San Jose data center
STACK is adding a second facility next to its existing San Jose data center

STACK is adding a second facility next to its existing San Jose data center

January 17, 2020 STACK Silicon Valley SVY01

STACK has announced that it will build a second building on its Silicon Valley Campus. The planned 32 megawatt and 240,000 square foot data center will be served through PG&E’s Direct Access program. Data Center Frontier has a more in depth article detailing STACK's new build.

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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