The deal targets large-scale compute workloads running in cloud, hybrid, and on-premises environments and comes less than 10 months after Google invested in Avere.
About $20 billion worth of data center assets switched hands in 2017 making it the biggest year for data center M&A yet, according to Synergy Research. Here are five of the year's biggest deals:
Latest report from Synergy estimates that the total volume of data center M&A deals in 2017 reached $20 billion. Forty-eight transactions closed last year – three more than in 2015 and 2016 combined.
DCK Investor Edge: Once the $442 million transaction closes, CyrusOne will join Equinix and Digital Realty as the third publicly traded US-based data center operator with significant customer offerings in both North America and Europe.
Bertram Capital followed its investment in Anord with purchase of a stake in Mardix. The combined critical power equipment vendor will be called Anord-Mardix Group.