Facebook, Microsoft, Apple, Google, and Uber signed the largest turn-key wholesale data center leases last year, according to the latest report by North American Data Centers. Leasing by the hyper-scale cloud platforms overall slowed down year on...
DCK Investor Edge: Equinix CEO Steve Smith this week fleshed out the company’s strategy for riding the next wave of data center expansion by the dozen largest hyper-scale platforms, which includes building 1MW to 2MW nodes for those clients.
Vantage is likely counting on Lee Kestler to spearhead its $1 billion entry into the Northern Virginia data center market.
The key investor and landlord in the US data center industry is expanding north of the border, pitching the 11MW site for “scale and hyper-scale deployments.” Ericsson will lease a portion of the facility.
The relatively small Reston site gives East Coast presence to the predominantly West Coast data center provider that’s been expanding via acquisition since last year. Evocative plans more acquisitions and a national IP backbone.
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.