Investors are buying up regional data centers, as demand for Internet infrastructure extends beyond major markets to support edge computing. In the latest example, 365 Data Centers has been acquired by an investor group.
TierPoint, which focuses on second-tier data center markets, has grown rapidly through a series of 11 acquisitions in just six years. On Wednesday Tierpoint acquired Omaha-based CoSentry.
With an unusual number of data center assets up for sale, investors and analysts say the likely buyers will be strategic acquirers seeking expansion, rather than private equity firms.