Category: Capital Markets

AT&T Announces Strategic Alliance with Brookfield Infrastructure to Offer Colocation, Other Services

Jul 2, 2019

TORONTO, ONTARIO — AT&T has announced a new strategic alliance with Brookfield Infrastructure and its institutional partners pursuant to which AT&T will transfer data center colocation operations and assets to Brookfield. Under Brookfield’s ownership, the business will continue to deliver colocation services to customers in 18 Internet Data Centers (IDCs) in the United States and […] more

TORONTO, ONTARIO — AT&T has announced a new strategic alliance with Brookfield Infrastructure and its institutional partners pursuant to which AT&T will transfer data center colocation operations and assets to Brookfield. Under Brookfield’s ownership, the business will continue to deliver colocation services to customers in 18 Internet Data Centers (IDCs) in the United States and […] more

Fungible Closes $200 Million Series C Financing Led by SoftBank Vision Fund

Jul 1, 2019

SANTA CLARA, CA — Fungible, a pioneer in data-centric computing, has announced it closed $200 million USD in Series C financing. The round was led by the SoftBank Vision Fund and included participation from Norwest Venture Partners and existing investors. To date, Fungible has raised over $300 million in capital from venture capitalists and strategic investors […] more

SANTA CLARA, CA — Fungible, a pioneer in data-centric computing, has announced it closed $200 million USD in Series C financing. The round was led by the SoftBank Vision Fund and included participation from Norwest Venture Partners and existing investors. To date, Fungible has raised over $300 million in capital from venture capitalists and strategic investors […] more

Google to Acquire Looker

Jun 28, 2019

MOUNTAIN VIEW, CA– Google will acquire Looker, a unified platform for business intelligence, data applications and embedded analytics, in a $2.6 billion all-cash transaction. Upon the close of the acquisition, Looker will join Google Cloud. This acquisition builds on an existing partnership where the two companies share more than 350 joint customers, such as Buzzfeed, […] more

MOUNTAIN VIEW, CA– Google will acquire Looker, a unified platform for business intelligence, data applications and embedded analytics, in a $2.6 billion all-cash transaction. Upon the close of the acquisition, Looker will join Google Cloud. This acquisition builds on an existing partnership where the two companies share more than 350 joint customers, such as Buzzfeed, […] more

Switch to Expand LV Data Center, Appoints Shawn Novak as Executive Vice President of Strategic Solutions

Jun 27, 2019

LAS VEGAS, NV — Switch has celebrated the addition of 1.1 million square feet to the ongoing work at Switch’s core campus with a groundbreaking ceremony attended by press and local politicians. The final site will cover 4.6 million square feet and account for 545 MW of power capacity. “Las Vegas is Switch’s home, the […] more

LAS VEGAS, NV — Switch has celebrated the addition of 1.1 million square feet to the ongoing work at Switch’s core campus with a groundbreaking ceremony attended by press and local politicians. The final site will cover 4.6 million square feet and account for 545 MW of power capacity. “Las Vegas is Switch’s home, the […] more

COPT Completes Data Center Shell Joint Venture

Jun 25, 2019

COLUMBIA, MARYLAND — Corporate Office Properties Trust (COPT) OFC, has announced the formation of a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) to acquire seven of COPT’s existing, single-tenant, data center shell properties, which contain 1.2 million square feet of warehouse space, for a total value of approximately $265 million. COPT received $238.5 million […] more

COLUMBIA, MARYLAND — Corporate Office Properties Trust (COPT) OFC, has announced the formation of a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) to acquire seven of COPT’s existing, single-tenant, data center shell properties, which contain 1.2 million square feet of warehouse space, for a total value of approximately $265 million. COPT received $238.5 million […] more