World’s Biggest ‘Data Center’ Deal Closed for US 8.4 Bn
Here comes the world’s biggest-ever data center deal!
Yes, it’s a USD 8.4 billion deal that speaks about acquisition of Europe’s Interxion’s acquisition by a San Francisco-based company Digital Reality.
This acquisition termed as the ‘largest data center deal in the history’ will see the two entities form a leading pan-European data center presence.
While Interxion alone holds 53 carrier and cloud-neutral facilities across 53 European nations, the new combined entity is expected to cover more than more two-thirds of the region’s GDP.
The companies also claim that this deal would offer due boost to the hyper-scale development and address public and hybrid cloud architectural requirements of the global customer base.
“This strategic and complementary transaction builds upon Digital Realty’s established foundation of serving market demand for colocation, scale and hyperscale requirements in the Americas, EMEA and Asia Pacific and leverages Interxion’s European colocation and interconnection expertise, enhancing the combined company’s capabilities to enable customers to solve for the full spectrum of data center requirements across a global platform,” reads a statement by Digital Reality CEO William Stein.
With this deal, Digital Reality also breaks its own record of USD 7.6 bn deal that resulted in acquisition of DuPont Fabros in 2017.
- Cloud Market Continues to Rise, ‘Channel Business’ Turns Crucial!
- Cloud IT Infrastructure Revenues Down 10.2% in Q2’19
- ‘Public Cloud Spending’ Set for 22 percent CAGR During 2019-23 Period