Colony Capital Announces the Sale of DATA4 to AXA Investment Managers - Real Assets
COLONY CAPITAL INC (CLNY)
Last colony capital inc earnings: 2/28 07:30 am
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Investment vehicles managed by Colony Capital, Inc. (NYSE: CLNY) today announced the sale of their entire stake in DATA4 to AXA Investment Managers - Real Assets, acting on behalf of AXA France. DATA4 is a European specialist in dedicated and colocation data centers, that offers services to Cloud providers, digital service companies and large and medium-sized firms. DATA4 finances, designs, builds and operates its own data centers, in order to offer its customers hosting solutions that are flexible, scalable, high-performing and secured. The company currently operates 15 data centers in Paris, Milan and Luxembourg. Founded in 2006 by Colony Capital, DATA4 was one of the first to offer a high-performance data center solution. It has experienced very strong growth driven by exponential demand of firms in digital data storage, live and via cloud services.
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