A 16,000SF DATA CENTER
Data center operator Cologix, has announced signing a definitive agreement to acquire a data center that belongs to vXchnge in Minneapolis, Minnesota.
Acquisition of this 16,000 square foot data center will bring Cologix total data center space in the 511 building, Minneapolis’ carrier hotel, to about 60,000 square feet.
“Minneapolis continues to be a strong data center market with enterprises seeking dynamic cloud ecosystems and onramps to support their cloud migrations,” said Bill Fathers, Chairman and CEO of Cologix.
“We are thrilled to continue our investment in our Minneapolis footprint by adding our fourth interconnection hub in the market in response to customer demand. With added capacity in the 511 building, we will enable more businesses to connect to Cologix’s robust ecosystem of networks, clouds and partners very quickly through the Cologix Platform to meet their growing business needs.”
Headquartered in Florida, vXchnge is a colocation service provider that currently operate 12 data center facilities across the U.S, including the Minneapolis 16,000 square foot data center. The company’s other 11 data centers are located in Austin, TX; Chappaqua, NY; Nashville, TN; Philadelphia, PA; Pittsburgh, PA; Portland, OR; Durham, NC; Santa Clara, CA; Secaucus, NJ; St. Louis, MO and St. Paul, MN.
Although the financial details of the transaction wasn’t disclosed, Cologix is known to be backed by its majority stakeholder Stonepeak Infrastructure Partners, and Mubadala, an Abu Dhabi based investment firm which pumped $500 million into Cologix last year to bolster its expansion plans for hyperscale data centers throughout the U.S. and Canada.
Before the Mubadala investment, Cologix has been involved in a couple of acquisition deals including the purchase of Montreal-based hyperscale data center operator COLO-D, which brought two large colocation facilities totaling 50 megawatts of data center capacity to Cologix.
Currently, Cologix boasts of operating 30 interconnection hubs and 4 hyperscale capacity facilities across 10 North American markets.