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.
Digital Realty plans to build the world’s largest multi-tenant data center campus near Dulles Airport in Northern Virginia. The Digital Dulles campus will create 7.5 million square feet of new data center space in the world’s most active cloud market.
The story of Portland as a data center market will be defined in the next several years. With a historic volume of supply in the pipeline, the Hillsboro cluster is poised for dramatic growth. Developers are embracing the thesis that Portland is the hot emerging market for low-cost data center development in the Pacific Northwest.
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.