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Category: Capital Markets

 

CBRE Report: Chicago Vacancy Rises to 11% After Hitting Nationwide Low of 2%

Feb 15, 2019  |  Capital Markets  |  Data Centers  |  Development  |  News

CHICAGO, IL – CBRE has released a report shedding some light on the Chicago market, and that includes some good news. While Chicago, the third largest data center market in the United States, had the lowest vacancy rate in the country (2%), things are easing up a bit. The Windy City market now enjoys a … Continue reading “CBRE Report: Chicago Vacancy Rises to 11% After Hitting Nationwide Low of 2%”

 

Amazon to Acquire eero, First Mesh Home WiFi system

Feb 14, 2019  |  Capital Markets  |  Data Centers  |  News

SEATTLE, WA & SAN FRANCISCO, CA –Amazon and eero have entered into a definitive merger agreement under which Amazon will acquire eero. eero’s home mesh WiFi systems set up in minutes and blanket every room of a customer’s home in high-performing, reliable WiFi. eero uses multiple access points that work together as a system to … Continue reading “Amazon to Acquire eero, First Mesh Home WiFi system”

 

STACK INFRASTRUCTURE Closes on $850 million Structured Debt Financing

Feb 12, 2019  |  Capital Markets  |  Data Centers  |  News

DENVER, CO – STACK INFRASTRUCTURE has announced the issuance of $850 million USD of securitized notes to build even more data centers, following the recent launch of the STACK platform on January 15. The Notes are rated investment grade at A- by Standard & Poor’s. “This financing immediately positions STACK with the long-term capital structure … Continue reading “STACK INFRASTRUCTURE Closes on $850 million Structured Debt Financing”

 

SysGroup to Acquire Certus IT

Feb 12, 2019  |  Capital Markets  |  Data Centers  |  News

LONDON, UK — SysGroup PLC, one of the UK’s fastest growing managed IT services and cloud hosting providers, has entered into an agreement to acquire Certus IT Limited for £8.0 Million GBP. SysGroup has also raised £10.0 million from the capital markets, which in addition to its new £5.0 million banking facility from Santander, will … Continue reading “SysGroup to Acquire Certus IT”

 

T-Systems Announces Completion of Data Center Consolidation

Feb 11, 2019  |  Capital Markets  |  Computing  |  Data Centers  |  Infrastructure  |  News

BERLIN, GERMANY — T-Systems, the German global IT services and consulting division of Deutsche Telekom which has been operating at loss in recent months, has announced via a press release (originally written in German) the completion of their previously announced major data center consolidation. T-Systems’ number of data centers around the earth has decreased to … Continue reading “T-Systems Announces Completion of Data Center Consolidation”

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