Colocation specialist Flexential has lined up $250 million to help the company continue to reduce debt, expand its data center footprint and invest in new services.
Search Results for: flexential
Financial services is a target market for Flexential as it adds capacity in Atlanta’s “Transaction Alley” in the latest phase of a broader expansion of its national footprint.
Flexential has expanded into the market for wholesale data center space, and begun expanding its facilities, including a 115,000 SF addition in Hillsboro, Oregon.
Peak 10 has become Flexential, adopting a new name as it seeks to establish a national brand following its $1.7 billion acquisition of ViaWest.
Investor interest in the data center sector remains high, and the wave of M&A is likely to continue in 2020. But deal values are high, prompting some investors to tread carefully and adjust their strategies.
SBA Communications’ acquisition of a Chicago interconnection facility is the latest move by tower-focused real estate investment trusts (REITs) to establish a beachhead in the data center world.
QTS Realty has signed a 12-megawatt lease with a hyperscale customer, which will become the anchor tenant in a new data center building on the company’s Metro Atlanta campus.
Some of the world’s largest investors are raising billions of dollars to invest in digital infrastructure, citing extraordinary demand for capital to fuel the shift to a data economy.
A call for an experienced data center solutions sales exec in San Francisco. An MEP Commissioning Manager position in the biggest data center market in the country — Northern Virginia. A need for a data center mechanical engineering specialist in Costa Mesa, Calif. These are just a few of some of the best opportunities on the Data Center Frontier Jobs Board this month.
May’s data center headlines featured big news in Data Center Alley from Digital Realty, as well as a move from Flexential into Atlanta’s “Transaction Alley.” Top stories for the month on Data Center Frontier also broke down trends like the arrival of AI startups, rethinking redundancy and the rise of data-driven M&A.