DataBank Buys 4 Data Centers from CyrusOne for $670 Million

By | Managed Services News

Jan 19

The company’s expansion into the Houston market makes it the 27th U.S. metro it’s entered.

DataBank Data Centers, the provider of enterprise-class colocation, interconnection and managed cloud services, will buy four data centers in the Houston area from CyrusOne for $670 million.

The transaction will make Houston the 27th major U.S. metro market in DataBank’s portfolio. It solidifies what is already the largest edge infrastructure footprint in the United States. The company also has locations in the United Kingdom and France. The four Houston facilities will collectively add more than 300,000 square feet of raised-floor data center capacity. They will also carry 42.5 MW of critical IT load. Part of the mix is a roster of blue-chip customers from the area’s fast-growing health care, financial, energy, media and software sectors. DataBank’s total portfolio will now feature more than 65 facilities and 2 million square feet of raised-floor data center capacity.

DataBank's Raul Martynek

DataBank’s Raul Martynek

Raul Martynek is DataBank’s CEO.

“We are excited to add the Houston market to the DataBank portfolio,” Martynek said. “With our deep roots in Texas, it was a logical metro for us to expand into and allows us to bring our digital infrastructure and interconnection solutions to the fourth largest metro in the U.S. With the addition of Houston, DataBank now covers 27 metro markets, a larger geographic footprint in the U.S. than any other data center operator.

Houston Footprint

The four Houston facilities include the one known as the CyrusOne Galleria data center. There three other facilities are within 20 minutes west of downtown Houston. The Houston West Campus is the metro’s primary interconnection point. It has over 30 fiber networks, 3,500 cross connects and public cloud on-ramps from AWS and Google.

Expect the transaction to close late in the first quarter of 2022.

DataBank has had several notable acquisitions in recent years. In 2020, the company bought 44 Zayo data centers through its acquisition of zColo, Zayo‘s colocation division.

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