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CapRE’s Data Center Industry Round Up for February 2

 
Feb 2, 2018
by Josh Anderson

Check out the latest in deals, development and disruptive technology in the data center space for February 2, 2018:

  • BGIC Acquires Critical Solutions Group: Global real estate and facility management service provider BGIS announced has acquired Critical Solutions Group and Critical Power Testing and Maintenance (CSG), a specialist provider of services for the data center market, including commissioning, design support, consulting and load bank services. Headquartered in Boston, CSG provides data center services throughout the United States, Canada and Europe to numerous clients across the financial, construction, technology, telecommunication and data services sectors. CSG is a member of the U.S. Green Building Council and offers a complete range of services for data centers of all sizes.
  • DiscoverReady to Expand Footprint and Enhance Services Portfolio: Information intelligence solution provider DiscoverReady, specializing in legal, compliance and governance, will expand its global footprint. In addition, DiscoveryReady’s Data Liaison Services will help multinational corporations and law firms better meet growing regulatory obligations in data privacy, information governance, and legal discovery. DiscoverReady established a new data center in Paris in December 2017 to deliver local and cross-border e-discovery services. The center offers data processing, data hosting in Relativity, document review capabilities, and data production services. The company also operates two data centers in the U.S. and provides data hosting across the globe via an on-demand rapid deployment model.
  • Douglas County, GA Approves New Tax Framework for Data Centers: Douglas County, Georgia’s Development Authority voted Wednesday to approve new tax schemes for a pair of major data centers to be developed in Douglas County — one to be built by Supernap Atlanta and the other to be built by T5 Data Centers. Supernap Atlanta’s data center, only referred to by codename “Project Hoover” at this time will be built on Camp Creek Parkway, while T5’s facility — dubbed “Project Madison” will be located at Factory Shoals Road.
  • RagingWire Pulls Off A Pair of Recruiting Coups: RagingWire will welcome a high-profile pair of new recruits to its sales team from its competition. Joe Goldsmith will join RagingWire as their Chief Revenue Officer, coming from Vantage Data Centers, while Steve Manos will come from Server Farm Realty and report directly to Goldsmith, as Vice-President of Business Development. RagingWire has had a busy week, becoming a 100% subsidiary of NTT Communications (previously 80%) and purchasing a sizeable parcel of land in Chicago.
  • AT&T May Sell Off Data Center Business: AT&T has reportedly engaged Bank of America Corporation in talks to take over ownership of AT&T’s data center portfolio. AT&T’s $135 Million USD portfolio is expected to command an Ebitda multiple of at least roughly $1 billion USD. This is not the first time AT&T has made such headlines, having previously negotiated with Citigroup Inc., for the same deal back in 2015.
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