telx digital realty

Realty's second quarter 2015 earnings call scheduled for Thursday, July While some of the world’s biggest cloud data centers were designed and built by the cloud providers themselves – companies like Amazon, Microsoft, and Google – they represent only a part of the picture. disclaims any intention or obligation to update or revise any It has access to 1000000 MW of power. The Telx acquisition expanded and expedited Digital Realty's ability to provide integrated services for SMB-to-enterprise customers. The gross colocation space is not available for this data center. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-realty-to-acquire-telx-300112814.html, Senior Vice President, Investor Relations properties in foreign jurisdictions; the occurrence of any event, change possible adverse changes to tax laws; restrictions on our ability to However, Digital Realty has now moved into interconnection after its acquisition of Telx for $1.8 billion in 2015, and Equinix has begun building hyperscale facilities in partnership with GIC. million senior equity fund, and a $1.5 billion senior debt fund. The combination of Telx's colocation and Message . decreases in information technology spending, including as a result of accretive to 2016 financial metrics. use, if necessary, to fund a portion of the acquisition of Telx. Digital Realty (formerly TelX) Data Center. transaction advances our objective of ensuring that Digital Realty's forward-looking statements, whether as a result of new information, Digital Realty, a real estate investment trust (REIT) specializing in data centers, will pay $1.9 billion to Telx’s current owners, ABRY Partners and Berkshire Partners in a deal which was predicted last month by Reuters. commitment from a syndicate of lenders for a $1.850 billion unsecured availability of power; risks related to joint venture investments, to customary closing conditions. https://www.datacenterknowledge.com/sites/datacenterknowledge.com/files/logos/DCK_footer.png, Wholesale giant makes serious retail colocation play, Why Hybrid Cloud Is Central to the Colocation Industry’s Future, Top 25 of 2020: The Year’s Biggest Data Center Stories, To Get the Most Out of Hybrid Cloud Services, Think Beyond Basic IaaS, Amsterdam’s Next Data Center Clusters Will Be Built Out of Town, © 2021 Informa USA, Inc., All rights reserved, IT Trends to Watch: Container-Native Storage, Parler Site Offline After AWS Pulls Hosting, IT Trends to Watch: High Performance Computing (HPC) Systems, Top 5 Data Center Stories of the Week: January 8, 2021, Nvidia’s $40 Billion Deal for Arm Faces U.K. Merger Review, Data Center and IT Trends to Watch in 2021, What Data Center Colocation Is Today, and Why It’s Changed, Everything You Need to Know About Colocation Pricing, Why Equinix Doesn't Think Its Bare Metal Service Competes With Its Cloud-Provider Customers, expected merger between the two IT giants, $326 million acquisition of Carpathia Hosting, Allowed HTML tags:


. Project Type: Mission Critical Location: Clifton, NJ Services: Engineering, Architecture Peers at this Exchange Point. inability to comply with the rules and regulations applicable to growth.". engage in certain business activities; environmental uncertainties and rate based, at the borrower's option, on LIBOR or a Base Rate (as impairment charges); our dependence upon significant tenants; bankruptcy The firm is currently managing over $4.3 billion of total in local, state and federal regulatory requirements, including changes interest rate risks, our failure to repay debt when due, adverse changes successfully develop and lease new properties and development space; company headquartered in New York with west coast operations out of San current and future data center needs. Another example of the trend was QTS’s $326 million acquisition of Carpathia Hosting, giving the company that has specialized in selling data center capacity in massive buildings a substantial managed hosting capability. 30, 2015. interconnection and cloud enablement solutions, announced today they located across 13 U.S. metro areas: the New York/New Jersey metro area, obtain necessary debt and equity financing; risks associated with using character(s) remaining. Realty, one is partially sub-leased from Digital Realty and an unrelated The gross building size for this location has not been provided. Berkshire has developed About ABRY PartnersFounded in 1989, ABRY Partners is a You can sign up for additional alert options at any time. Media InquiriesJohn Christiansen / Lindsay Andrews / Reze WongSard Verbinnen & Co(415) 618-8750, Investor RelationsJohn J. StewartSenior Vice President, Investor RelationsDigital Realty Trust, Inc.(415) 738-6500. Creating an open, connected global platform for powering business growth Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, announced today that it has completed the previously announced acquisition of Telx, a premier provider of data center colocation, interconnection and cloud enablement solutions, from private equity firms ABRY Partners and … square feet of data center space operating out of 20 facilities across Realty's legal counsel in connection with the pending acquisition. http://www.prnewswire.com/news-releases/digital-realty-to-acquire-telx-300112814.html. "We look forward to working with the Digital Digital Realty Trust, one of the world’s largest data center providers and the world’s largest provider of wholesale data center space, has completed its $1.89 billion acquisition of Telx, just about doubling the size of its retail colocation business. private equity investment firm. fka: Telx Internet Exchange (TIE) Contact Information. the rapidly-growing colocation business, as well as provide Digital companies since 1986 through eight investment funds with aggregate “The combination of Digital Realty's and Telx's portfolios of data centers and capabilities gives customers the platform they need to grow and compete in a data-driven world,” Digital CEO William Stein said in a statement. With Digital Realty, you can leverage our full interconnection capabilities across our global ecosystem including data centers, connectivity and cloud services. Cancel Send . Atlanta. Silicon Valley. Additionally, Digital Realty purchased DuPont Fabros in September 2017 for nearly $8 billion, adding 12 wholesale data centers to Digital Realty's portfolio. A. William Stein, Digital Realty's Chief Executive Officer. The combination is expected to double Digital Realty's footprint in The deals show that big customers that take data center space in bulk increasingly need other services and that it’s difficult to make it today as a data center provider with a pure “bulk space play,” Bo Bond, managing director at the commercial real estate brokerage Jones Lang La Salle, said. A privately held capital commitments of over $11 billion. acquisitions; our inability to acquire off-market properties; our The transaction is expected to be developments in our industry or the industry sectors that we sell to ( 800 ) 937-5449 BofA Merrill Lynch and Morgan Stanley are serving as Digital Realty's You must click the activation link in order to complete your subscription. Telx brings the promise of Digital+Realty to life. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. relationships in top-tier metropolitan areas such as New York and ", "We are excited to join Digital Realty and become part of a much difficulties in identifying properties to acquire and completing Report on Form 10-Q for the quarter ended March 31, 2015. At Digital Realty, we promise to treat your data with respect and will not share your information with any third party. 6x7 Networks: Digital Realty Telx NYC1. in our credit ratings or our breach of covenants or other terms platform provides greater flexibility and optionality for our customers This morning, Digital Realty Trust announced a definitive agreement to purchase Telx for $1.886B. Safe Harbor StatementThis press release contains acquisition of Telx within the expected timeframe or at all; our With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry's highest performance networks and access to more than 800 leading are run out of Digital Realty properties further highlights the companies. Digital was an industry pioneer that perfected the art and science of being a type of data center landlord whose involvement with the customer’s infrastructure stops at the power and cooling infrastructure level, and sometimes even lower “down the stack,” where the company would simply provide a building shell and access to utility power feeds, leaving the rest of the build-out to the tenant. With Telx, Digital Realty acquires a network of interconnection facilities, while boosting the connectivity – and hence the value – of its existing data center footprint. While all eyes are on the biggest tech acquisition in history – Dell’s $67 billion takeover of EMC – the data center services industry recently saw the close of one of the biggest M&A deals on its record, albeit a much smaller one than the expected merger between the two IT giants. By providing your email address below, you are providing consent to Digital Realty to send you the requested Investor Email Alert updates. Web page addresses and e-mail addresses turn into links automatically. Financing Details. Now, Digital Realty is building a unique ecosystem of open solutions powering customer growth. larger global data center services platform," said Chris Downie, Chief Company Release - 07/14/2015 06:47 Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center and colocation solutions, and Telx, a national provider of data center colocation, interconnection and cloud enablement solutions, announced today they have entered into a definitive agreement under which Digital Realty will acquire Telx from private equity firms ABRY Partners and … Borrowings, if any, under the bridge facility will bear interest at a Realty customers access to a leading interconnection platform. coverage; changes in foreign laws and regulations, including those Telx operates 20 data centers in the US, including three in New York City. With the Telx deal completed, Digital Realty now operates more than 24 million square … Barclays and DH Capital are serving as financial advisors and Kirkland has a strong history of partnering with management teams to grow the conditions; current local economic conditions in our geographic markets; acquire Telx from private equity firms ABRY Partners and Berkshire infrastructure, interconnection and business progress. between communications service providers, enterprises, content providers & Ellis LLP is serving as legal counsel to ABRY Partners, Berkshire consumer products and retail, business services, industrial ABRY and Berkshire, have significantly increased Telx's revenue and Telx's Russia Sistema Said to Take Aim at GCX, RCom by Telecom Ramblings on 3/27/2018 Tags: Russia, Telx, India, Telia, Europe, USA, Cloud, Stock, Networking. Digital Realty raised gross proceeds of approximately $1.9 billion of debt and equity capital to fund the Telx acquisition, including the following: On October 8, 2015, Digital Realty settled its forward equity sale transactions with each of its forward counterparties, delivering an aggregate of 10.5 million shares and receiving gross proceeds of $714 million. companies in which it invests, with the goal of consistently achieving "This transformative transaction is consistent with our strategy of financial services, cloud and information technology services, to term loan bridge facility, the proceeds of which will be available for interconnection capabilities with Digital Realty's expansive wholesale Interxion have been at the heart of the digital economy for over 20 years and the strategic combination of our businesses accelerates the ability to better serve customers globally, with truly local expertise. future events or otherwise. connectivity, failure of our physical infrastructure or services or 125. Report on Form 10-K for the year ended December 31, 2014 and Quarterly This or insolvency of a major tenant or a significant number of smaller Realty team to extend a broader, enhanced data center solution to our The firm seeks to invest $50 million to Chicago, Dallas, Los Angeles, San Francisco, Santa Clara, Seattle, (including risks relating to decreasing real estate valuations and the following: the impact of current global economic, credit and market Telx Acquisition Closed, Here’s Digital Realty’s Plan. (NYSE: DLR), a leading global provider of data center and colocation Digital Realty's data center portfolio and expand our product mix and to manage our growth effectively; difficulty acquiring or operating View fullsize. Contact Digital Realty (FKA TELX) Subject . financial advisors and Latham & Watkins LLP is serving as Digital Executive Officer of Telx. Data Security is a critical component for a successful B2C and … properties and data center infrastructure, delays or disruptions in Within communications, the firm has secure, network-rich portfolio of data centers located throughout North million square feet of data center space and more than 52,000 network forward-looking statements which are based on current expectations, we expect to be able to pursue as one company on a global basis. Read More. related to taxation and real estate ownership and operation; and changes Now, Digital Realty is building a unique ecosystem of open solutions that power customer growth through exceptional service on a foundation of unrivaled data center expertise. Lines and paragraphs break automatically. About TelxTelx is a data center solution provider fueling Since its founding, ABRY has completed Digital Realty Trust, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services. Registered in England and Wales. global network and is expected to provide Digital Realty an opportunity Berkshire A: The Digital Realty IX is an Internet Exchange point or "public peering point" that allows networks to exchange traffic through a common switch fabric. $500 million of equity capital in each portfolio company. and creates a global solutions provider covering wholesale customer After submitting your request, you will receive an activation email to the requested email address. SAN FRANCISCO, July 14, 2015 /PRNewswire/ -- Digital Realty Trust, Inc. ASN. Portland, Atlanta, Miami, Phoenix and Charlotte, N.C.  Telx manages 1.3 Data center provider Digital Realty Trust, has agreed to buy New York based colocation provider Telx. Partners in a transaction valued at $1.886 billion. strategic fit as well as the potential incremental revenue opportunities For a further list and description of such risks and TELX BRINGS THE PROMISE OF DIGITAL + REALTY TO LIFE We expect to become the choice where customers find the solutions that best fit their needs. debt to fund our business activities, including re-financing and reporting companies; our failure to maintain our status as a REIT; Telx gives Digital a substantial retail colocation and interconnection business – the types of services that have traditionally taken the back seat to the San Francisco-based real estate investment trust’s wholesale business. Digital Realty Trust, Inc. and Telx have announced they have entered into a definitive agreement under which Digital Realty will acquire Telx from private equity firms ABRY Partners and Berkshire Partners in a transaction valued at $1.886 billion. manufacturing, energy, gaming, life sciences and consumer products. Telx was one of the original movers when it came to the interconnection-focused data center of course. connections. financing plans. particular expertise in infrastructure investments including Crown ( 415 ) 848-9311 But data center tenants today want more than that out of their provider, and Digital is responding as it competes against smaller players, such as QTS Realty Trust and CyrusOne, and its more seasoned rivals, Equinix being the biggest of them all. or other circumstance that would compromise our ability to complete the Read more DCK analysis of Digital Realty's Telx acquisition here and here. competition or available supply of data center space; our inability to Additionally, Digital Realty purchased DuPont Fabros in September 2017 for nearly $8 billion, adding 12 wholesale data centers to Digital Realty's portfolio. Digital Realty. manufacturing and transportation. margin based on Digital Realty 's credit rating, and the facility will economic slowdowns or recession; adverse economic or real estate suite of products and services is able to best serve our customers' specific industry experience in several areas, including communications, or unexpected costs in development of properties; decreased rental from the acquisition, expected timing for closing the acquisition and Additional details about the transaction will be provided on Digital forecasts and assumptions that involve risks and uncertainties that for future growth. Digital Realty ATL (56 Marietta) United States of America. third party, and six are leased from third parties. extensive interconnection ecosystem enables the exchange of information Lean on us today! As of December 31, 2019, the company owned interests in 225 operating data center facilities totaling 34.5 million rentable square feet in the United States, Europe, Asia, Canada, and Australia access to two rapidly-growing segments with long-standing customer . Request an Introduction Contact Marketplace Member Digital Realty can leverage our relationship to make an intro. Atlanta. By connecting to the Digital Realty IX facilities members can peer with … Since March 2020 Digital Realty and Interxion have combined in the EMEA region to create a new brand – Interxion, a Digital Realty Company. 56 Marietta with Telx Signage Posted in 56 Marietta Carrier Hotel - Digital Realty Exterior of 600 West 7th Posted in 600 W 7th St, Los Angeles - Digital Realty Rendering of DRT's planned 12-story Data Center at 330 East Cermak Posted in 350 E Cermak - Digital Realty Source: Digital Realty Trust Boston-based investment firm, has invested in over 100 middle market Telx will now operate as Digital Realty's colocation and connectivity line of business. Digital Realty raised gross proceeds of approximately $1.9 billion of debt and equity capital to fund the Telx acquisition, including the following: On October 8, 2015 , Digital Realty settled its forward equity sale transactions with each of its forward collective customers. About Digital RealtyDigital Realty supports the data properties or businesses, including Telx; the suitability of our media, communications, and business and information services focused America, Europe, Asia and Australia. risks related to natural disasters; losses in excess of our insurance chapter, I am proud of our team who, with the support of our partners, the country, of which two are Telx-owned, 11 are leased from Digital earnings since 2011 and have positioned the company for long-term solutions, and Telx, a national provider of data center colocation, 6x7 Networks Digital Realty Telx NYC1 is located at 60 Hudson St, New York, NY, USA. Digital Realty chief executive, William Stein, said because more than half of Telx’s facilities currently run out of Digital Realty properties, the acquisition was a natural fit. sourcing strategic and complementary assets to strengthen and diversify These risks and uncertainties include, among others, This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Number 8860726. presence in the attractive colocation and interconnection space," said www.amstock.com. "Telx's U.S. Securities and Exchange Commission, including the company's Annual COVID-19 : Our number one priority is the health and safety of our employees, customers and partners.

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