Fueling AI Boom: Centersquare Grows To 80 Sites With Self-Funded $1 Billion Data Center Haul [Yahoo! Finance]
Spring Valley Acquisition Corp. III - Unit (SVACU)
Company Research
Source: Yahoo! Finance
A local provider of advanced data center colocation facilities announced the acquisition of 10 additional data centers throughout the United States and Canada. Centersquare , which was formed last year following the merger of Dallas-based Evoque Data Center Solutions and Cyxtera Technologies in Florida, and headquartered in Coppell, announced the ambitious acquisition with a total enterprise value of $1 billion With the 10 additional acquisitions, the Brookfield Infrastructure Partners-owned company will now hold 80 facilities in its growing portfolio. “This package of acquisitions represents more than just volume growth… It re?ects the growing strength and gaining momentum of our platform,” said Centersquare CEO Spencer Mullee, reported in The Dallas Express , the region even surpassed Silicon Valley as a more desirable locale for the advanced facilities.
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