CapRE’s Data Center Industry Round Up for February 11

Feb 12, 2018
by Josh Anderson

Check out the latest in deals, development and disruptive technology in the data center space for February 11, 2018:

  • NL-ix To Join Belgian Colt Data Center:  Colt’s carrier-neutral data center in Brussels will welcome a point of presence from The Neutral Internet Exchange (NL-ix), one of the largest Internet exchanges in the world. The Belgian facility is a 35,520 square foot data center that hosts more than 15 network service providers. These include BT, Interoute, Proximus and Telenet. Colt operates two dozen data centers across Europe and the Asia Pacific region, which offer colocation, cloud, and networking services in 18 markets.
  • INAP to Acquire SingleHop: INAP has announced their plans to acquire SingleHop, the managed hosting and infrastructure-as-a-service (IaaS) specialist. The will acquire the firm for $132 million in an all cash transaction. This merger is widely regarded an attempt for INAP — operator of 51 data centers in 21 markets — to revitalize itself, having ended 2017 with a 6.8% decrease in revenue year on year.
  • Congruity360 to Add Hybrid-Cloud Data Management as a Service to Portfolio: Leading provider of professional and fully managed services for enterprise data management Congruity360 has announced its new hybrid and multi-cloud data management as a service (DMaaS) offerings. Recently, Congruity360 acquired hybrid cloud consulting and vendor-sourcing services firm NextGen Storage, which has enabled the parent company to enhance its distributed data management value proposition.
  • Liquid Relocates Colorado Data Center: Savills Studley has brokered a deal for Liqid, who will relocate their Lafayette , CO data center to 329 Interlocken Parkway in Broomfield, CO. The provider of data center innovation and technology, will move in phases, and the new HQ will include corporate office, technology lab and research and development space. Liqid will also obtain above-market tenant allowance for the build-out of an open, collaborative floor plan designed by Hampton Architecture. “Our new space in Broomfield will support continued growth, enhance collaboration between Liqid and our partners, as well as serve as a centralized, state-of-the-art workplace built to optimize our brand and operational objectives,” Chief Operating Officer Bryan Schramm of Liqid said in a press release.
  • Remington, VA Data Center Proposal Potentially Impacted by New Revenue Trade-Off: Fauquier Now is first reporting that that a proposed revenue trade-off in Marshall County, VA related to the upcoming Remington data center project by Point One Holdings is stirring up local controversy. Developers of the data center are hoping to leverage the influx of revenue to decrease $2.7 million in cash “proffers” they owe the municipality. Local officials worry about the precedent such an agreement would set.
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