Investment giants KKR and Global Infrastructure Partners will acquire data center developer CyrusOne for $15 billion, taking the company private in the largest M&A deal in the history of the data center sector.
KKR Puts $1 Billion Behind New Data Center Development Platform
KKR is the latest marquee investing firm to enter the data center industry, forming Global Technical Realty (GTR) to develop more than $2.5 billion in data centers across Europe in the coming years.
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