New deals in datacentres

I usually don’t comment on the acquisitions or investments happening in this niche space, but this one was difficult to ignore.

Dallas-Based DataBank Sells 35% Stake for $1.5 Billion » Dallas Innovates

DataBank says it has “more data centers in more metros than any other provider in the U.S.—public or private” and the ability to put customer workloads “within 100 miles of 60% of the US population.” 

“One of the most influential factors will be continued expansion to meet the growing demand for connectivity,” he said. “This aligns perfectly with our recent recapitalization, as Swiss Life and EDF’s long-term outlook is the same as DataBank’s—to capitalize in the significant opportunities around edge demand.”

Edge computing is big and booming. It will drive the content consumption and innovations in healthcare. The deal size is significant; I am sure to see some innovation (and investments) happening in this space locally.

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