Category: Business

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PDG Raises Over $500M in New Equity Investment

SET TO FUND ITS DATA CENTER EXPANSIONS ACROSS ASIA Singapore-headquartered data center operator Princeton Digital Group (PDG), has just closed an equity investment round, raising a total of over $500 million to fund its data center expansion across Asian markets.…

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DataBank Now Owns Its DEN2 Data Center Building and Land

CONVERTS FROM TENANT TO OWNER Colocation and connectivity service provider DataBank, has today announced its purchase of the building and land which currently houses its DEN2 data center at 6900 South Peoria Street in Centennial, Colorado. This lease-to-own conversion gives…

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Carlyle Completes Acquisition of Data Center Company Involta

CLOSES DEAL ON 12 DATA CENTER PORTFOLIO ACQUISITION Hybrid IT, cloud computing, and data center services company Involta, has today announced the completion of its acquisition by funds managed by investment firm Carlyle. This transaction was first announced about a…

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H5 Acquires 7 vXchnge Data Centers Across US

ADDING ABOUT 250,000 SQF TO ITS DATA CENTER PORTFOLIO H5 Data Centers, has today announced the acquisition of seven data centers owned by vXchnge which are located in Nashville, Philadelphia, Pittsburgh, Portland, Secaucus (New Jersey), St. Louis and St. Paul…

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DataBank To Acquire Four Houston Data Centers for $670M

SIGNIFICANTLY EXPANDING ITS FOOTPRINT BY 42.5MW Colocation, interconnection, and managed cloud services provider DataBank, has just announced it plans to purchase four existing data centers in the Houston, Texas metro area. Priced at $670 million, the four Houston facilities which…

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ColoHouse Acquires Data Center Colocation Firm Steadfast

BUILDING ITS PORTFOLIO WITH MULTIPLE ACQUISITIONS Colocation, cloud, and IT services provider ColoHouse, has announced its acquisition of Steadfast, a cloud, bare metal, and data center provider based in the US Midwest. Having been in operation for the past 20…

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Colt Acquires 10 New Sites for Its Europe and APAC Expansions

LANDS IN LONDON, FRANKFURT, PARIS AND JAPAN Colt Data Centre Services (DCS), has just announced that it has secured ten new parcels of land across Europe and APAC for the development of its greenfield hyperscale data centers. The new sites…

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CoreSite Appoints New Executives Upon Acquisition

TAKING OVER LEADERSHIP Data center provider CoreSite, has announced new senior executive team that will lead the company’s operations which include the provision of native digital supply chain to it enterprise, network, cloud and service integrator customers. This announcement is…

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Digital Realty to Buy $3.5 Billion African Data Center Company Teraco

ANOTHER AFRICAN DATA CENTER ACQUISITION Digital Realty has just entered into a definitive agreement to acquire a majority stake in Teraco, an African carrier-neutral colocation and data center service provider. Teraco’s portfolio in Africa includes seven data center facilities which…

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American Tower Completes Acquisition of CoreSite’s 25 Data Centers

A $10 BILLION USD DEAL American Tower Corporation has announced the close of its acquisition of CoreSite Realty Corporation following the completion of its previously announced offer of $10.1 billion in cash for all CoreSite’s outstanding shares of common stock,…

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