Data center provider Element Critical is expanding into the Chicago market with the acquisition of two data centers in suburban Wood Dale, Illinois.
In this edition of Voices of the Industry, Jason Green, Chief Technical Officer at Element Critical, explores the concept of de-commmoditizing data center solutions and services, and the need for structure and infrastructure that’s specifically designed for individual colocation customers.
A growing number of providers using sale-leaseback deals to build national data center portfolios, acquiring underutilized enterprise facilities and converting them to multi-tenant operations.
Central Colo has rebranded as Element Critical, and hopes to expand beyond its current data centers in Silicon Valley and Northern Virginia.
Colocation provider Central Colo has entered the Northern Virginia data center market, acquiring the Tyson Technology Center in Vienna from the Meridian Group for $96 million. The company has already installed its first new tenant.
Central Colo has a new investor and CEO. Safanad, a global private equity firm with ambitions in the data center sector, has brought in industry veteran Ken Parent to help Central Colo fill its Silicon Valley data center and expand across the U.S.