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(Reuters) - U.S. investment giant Blackstone and data-center firm Digital Realty will create a joint venture that will spend $7 billion on developing data centers, the companies said on Thursday.
In 2004, the company's predecessor acquired 5 data centers from Savvis for $52 million in a leaseback transaction. [4] In 2005, the company's predecessor acquired a 230,000 square foot data center from AOL for $58.5 million. [5] On March 2, 2007, the company was incorporated as a real estate investment trust. [1]
Digital Realty data center in Markham, Ontario. Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation and interconnection services. As of June 2023, Digital Realty has 300+ facilities in 50+ metro areas across 25+ countries on ...
Verizon Business has a major office in Ashburn at the location replacing MCI WorldCom's headquarters after its acquisition. [16] [17] Ashburn is also home to government contractor Telos. [18] Ashburn is a major hub for data centers, with companies such as Digital Realty, [19] Equinix, [20] and NTT, [21] operating multiple facilities there. [22]
Data center real estate investment trusts (REITs) like Digital Realty Trust and Equinix lead the charge, offering ways to invest in this growing market. There are also private projects for ...
Solid data-center demand and expansion efforts are likely to have aided Digital Realty's (DLR) Q3 earnings. Intense competition and adverse foreign currency translations might have been a spoilsport.
Interxion is a provider of carrier and cloud-neutral colocation data centre services in Europe.Founded in 1998 in the Netherlands, the firm was publicly listed on the New York Stock Exchange from 28 January 2011 until its acquisition by Digital Realty in March 2020. [3]
Digital Realty (DLR) is poised to capture surging data-center demand with acquisition and development efforts, though intensifying competition and aggressive pricing pressure are concerns.