Vantage now operates 26 data center campuses across five continents, up from one geographic location in 2016. Here’s how it happened.

The giants of the data center industry, Equinix and Digital Realty, each reported solid results last week. However, Mr. Market didn't seem to care one bit.

The company has earned praise for its vendor-neutral approach to monitoring cloud infrastructure, said to be unique in its space.

Its data center unit, which sells GPU accelerators for supercomputers and AI, had sales of $2.37 billion in the quarter, up 35% from a year earlier.

The business will focus on the acquisition of data centers and fiber networks in Japan, Australia and other Asian markets.

Aiming to collect $1 billion in fresh capital in coming years, the fund will go after multifamily, industrial, data centers, life sciences, and other property types.

The deal values Iliad at about 10.85 billion euros ($12.9 billion), according to Bloomberg calculations.

A seasoned REIT executive, Duncan hadn’t had any experience in the data center business when he was appointed last year.

Its data center chip sales to hyperscalers like AWS and Google dropped 20 percent in the second quarter.

The results signal that CEO Arvind Krishna's pivot to cloud is starting to pay off.