Digital Realty will acquire rival DuPont Fabros Technology (DFT), in a blockbuster $7.6 billion transaction that will boost its ability to serve the hyperscale data center market.
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Developer DuPontFabros Technology (DFT) has just signed its largest deal yet, pre-leasing 28.8 megawatts of data center space across two major markets.
DuPont Fabros Technology said there has been strong interest in its New Jersey data center in Piscataway, N.J. and a sale could be completed in the third quarter. Bidders include both public and private data center companies.
The cloud builders continue to lease massive chunks of data space, boosting the fortune of major data center developers. In the latest megadeal, DuPont Fabros Technology has pre-leased 16 megawatts of space in Santa Clara.
Digital Realty’s acquisition of DuPont Fabros creates a cloud colossus with 26 million SF of data center space, and a dominant market position in the two hottest markets: Northern Virginia and Chicago.
New economic incentives in Illinois have boosted interest in the Greater Chicago data center market after several years of steady but unspectacular leasing, Our DCF market report offers a deep dive into the market dynamics in Chicago.
Digital Realty has agreed to acquire Interxion in an all-stock deal with an estimated value of $8.4 billion, the largest acquisition in the history of the data center industry.
Iron Mountain is building a 7.2 megawatt solar energy array on the roof of its massive data center building in Edison, N.J., which will be the largest rooftop solar deployment in the US data center industry.
Vantage Data Centers is in growth mode in 2019. The company has just completed its new data center campus in Ashburn, Virginia, and raised $675 million to fund its expansion.
In a hyperscale deal that reflects the intersection of power and data, Digital Realty has procured 80 megawatts of solar power for Facebook in Northern Virginia.