Category: Business

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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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Carlyle to Acquire Data Center Company Involta

PLANS TO FURTHER EXPAND INVOLTA’S PORTFOLIO Global investment firm Carlyle, has announced an agreement to acquire Involta, a data center company with a portfolio that include cloud infrastructure, colocation, edge and fiber facilities. Involta owns and operates 12 data center…

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Far North Digital Partners With Cinia On $1.15B Pan-Arctic Cable Project

CONNECTING EUROPE AND ASIA THROUGH THE ARCTIC Alaskan telecommunications company Far North Digital, has signed a Memorandum of Understanding (MoU) with Cinia to jointly build a submarine fiber optic cable system that will link Europe and Asia through the Arctic.…

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EdgeConneX Partners with Chayora to Expand Into China

HAVING ACCESS TO 100% RENEWABLE ENERGY Data center service provider EdgeConneX, has just announced a new partnership with Chayora, a data center provider in China, which will enable the delivery of EdgeConneX’s data center solutions to Chinese and APAC customers.…

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Iron Mountain to Expand Its Virginia Data Center by 6MW

SIGNS A NEW 20MW MULTI-YEAR LEASE Data center service provider Iron Mountain, has announced the expansion of its VA-2 data center in Manassas, Virginia, expecting the facility to support 36MW, up from 30MW load capacity. This expansion is propelled by…

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Equinix to Acquire Nigerian Data Center Company MainOne for $320M

EXPANDING ITS PORTFOLIO INTO AFRICA Equinix, Inc. has just announced its expansion into Africa as it plans to acquire MainOne, a Nigerian data center and connectivity solutions provider with footprints across West Africa. Valued at US$320 Million, the transaction marks…

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Vantage Completes the Acquisition of PCCW 100MW Portfolio

EXPANDING ITS FOOTPRINT ACROSS HONG KONG AND KUALA LUMPUR Hyperscale data center provider Vantage Data Centers, and its lead investor, Digital Bridge Group, Inc., has just announced the completion of the PCCW DC’s acquisition transaction, gaining 100MW of existing and…

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Digital Realty Announces New $1.4B Data Center REIT – Digital Core

APPOINTS STEWART AND TITH AS NEW CHIEF OFFICERS Global cloud- and carrier-neutral data center provider Digital Realty, has today announced the launch of a new data center company Digital Core REIT with data center assets across the U.S. and Canada.…

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