data

SAN FRANCISCO and WASHINGTON – Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, and DuPont Fabros (NYSE: DFT), a leading owner, developer, operator and manager of enterprise-class, carrier-neutral, multi-tenant data centers, announced today they have completed their previously announced merger in an all-stock transaction with an enterprise value of approximately $7.8 billion.

The addition of DuPont Fabros’ high-quality, purpose-built data center portfolio to Digital Realty’s existing footprint enhances the combined company’s ability to serve its customers in the top U.S. data center metro areas. The merger also provides meaningful customer and geographic diversification for DuPont Fabros shareholders from the combination with Digital Realty’s global platform.


“This highly strategic and complementary transaction further expands our product offering, and solidifies our blue-chip customer base,” said A. William Stein, Digital Realty’s Chief Executive Officer. “This deal is consistent with our investment criteria, and is likewise consistent with our strategy of offering our customers the most comprehensive set of data center solutions, from single-cabinet colocation and interconnection, all the way up to multi-megawatt hyper-scale deployments.”

In conjunction with the merger closing, Digital Realty appointed former DuPont Fabros Board members Michael A. Coke and John T. Roberts, Jr. to Digital Realty’s Board of Directors. Mr. Coke is a highly respected real estate executive, having co-founded Terreno Realty Corporation, a publicly traded U.S. industrial REIT, where he serves as President and as a member of the Board of Directors. Previously, he served as Chief Financial Officer and Executive Vice President for AMB Property Corporation, a global developer and owner of industrial real estate focused on major hub and gateway distribution markets. Mr. Roberts is also a veteran real estate investor, having held various positions at AMB Property Corporation, including President of AMB Capital Partners LLC, a subsidiary of AMB Property Corporation responsible for AMB’s global private capital ventures.

Digital Realty also announced today the early tender results for, and the early settlement of, the previously announced tender offer and consent solicitation for the existing 5.875% senior notes due 2021 issued by DuPont Fabros Technology, L.P.

As of 5:00 p.m. EDT on September 13, 2017, holders of approximately $475 million had validly tendered and delivered their notes and the related consents, which represents approximately 79% of the $600 million aggregate principal amount outstanding. The withdrawal deadline also expired at 5:00 p.m. EDT on September 13, 2017. As a result, notes tendered pursuant to the tender offer can no longer be withdrawn.

The issuer exercised its right to accept and to purchase and pay for the early tender notes. Settlement occurred earlier today, September 14, 2017, immediately following the consummation of the merger. The total consideration paid for each $1,000 principal amount of early tender notes was $1,032.50 (including a $30.00 consent payment), plus accrued and unpaid interest from June 15, 2017 up to, but not including, September 14, 2017.

Having received the requisite consents from the holders of the notes in the tender offer, the issuer and U.S. Bank National Association, as trustee, executed a supplemental indenture amending the indenture relating to the notes. The supplemental indenture eliminates substantially all the restrictive covenants, certain events of default and related provisions contained in the indenture and reduces the notice periods required for redemption of the notes as described in the offer to purchase.

The tender offer will expire at 11:59 p.m. EDT on September 27, 2017 unless extended or terminated earlier by the offeror in its sole discretion. Holders who validly tender their notes after the consent payment deadline, but at or prior to expiration of the tender offer, and whose notes are accepted for purchase, will only be eligible to receive $1,002.50 per $1,000 principal amount of notes tendered, plus accrued and unpaid interest from and including the most recent interest payment date, and up to, but not including the final settlement date, which is expected to be the business day following the expiration of the tender offer. The complete terms and conditions of the tender offer are set forth in the offer documents that were previously sent to holders of the notes.

Immediately following settlement of the purchase of the early tender notes, the issuer issued a notice of redemption for the remaining outstanding principal amount. On September 18, 2017, the issuer expects to redeem the remaining outstanding principal amount at a redemption price equal to 102.938% of the aggregate principal amount of the notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date. Holders of the notes may still participate in the tender offer and tender their notes at or prior to the expiration date, even though the issuer has elected to call the remaining outstanding notes for redemption.

On September 14, 2017, the issuer also issued redemption notices for the 5.625% senior notes due 2023 issued by DuPont Fabros Technology, L.P. On October 16, 2017, the issuer expects to redeem 35% of the notes due 2023 at a redemption price equal to 105.625% of the aggregate principal amount of the notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date. On October 17, 2017, the issuer expects to redeem the remaining outstanding principal amount of notes due 2023 at a redemption price equal to 100.000% of the aggregate principal amount of the notes to be redeemed, plus a make-whole premium and accrued and unpaid interest up to, but excluding, the redemption date.

Citigroup Global Markets Inc. has been engaged as Dealer Manager and Solicitation Agent for the tender offer. Questions regarding the tender offer should be directed to Citigroup Global Markets Inc. at (212) 723-6106 or (800) 558-3745. Requests for copies of the offer documents or documents relating to the tender offer and consent solicitation may be directed to Global Bondholder Services Corporation, the Tender Agent and Information Agent for the tender offer, at (866) 924-2200.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, the notes. The tender offer is made solely pursuant to the offer documents. The tender offer is not being made to holders of notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. Holders are urged to read the offer documents and related documents carefully before making any decision with respect to the tender offer. Holders of notes must make their own decisions as to whether to tender their notes and provide the related consents. Neither the issuer, Digital Realty, the Dealer Manager and Solicitation Agent, the Information Agent, the Tender Agent or the Trustee makes any recommendations as to whether holders should tender their notes pursuant to the tender offer, and no one has been authorized to make such a recommendation.

About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,300 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty’s clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products. https://www.digitalrealty.com/

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PRINCE WILLIAM COUNTY, VA – Iron Mountain Incorporated® (NYSE: IRM), the global leader in storage and information management services, today announced the opening of the first of four planned data centers in Northern Virginia, the nation’s largest and fastest growing data center market. Built to serve the stringent security and compliance requirements of enterprises, cloud service providers and government agencies, Iron Mountain’s new data center is a 165,000 square-foot, 10.5-megawatt multi-tenant and cloud facility located in Prince William County. Northern Virginia marks Iron Mountain’s fifth U.S. data center market, joining Boston, Denver, Kansas City and Western Pennsylvania.

Iron Mountain commemorates the opening today with a ribbon-cutting ceremony including Governor Terry McAuliffe, U.S. Representatives Robert Wittman, Gerry Connolly, and Kevin Yoder, Virginia Senator Jeremy McPike, and Prince William County Supervisor Jeanine Lawson.


“This data center, like our others, is especially suited for heavily regulated enterprises, cloud providers and government agencies who seek a highly secure, highly compliant environment for hosting their data center operations,” said William L. Meaney, president and CEO of Iron Mountain. “With this new facility, we enter the hottest data center market in the U.S. and add further capacity for serving existing and new governmental customers, a group where our brand for security, service and compliance resonates particularly well. Together with our existing data centers and recent acquisitions, this data center helps to further accelerate our fastest growing business segment.”

“Since 2006, more than 6,600 new jobs and over $11.8 billion in investments have been announced in Virginia’s data center industry and we are thrilled to add this important project to that roster,” said Governor McAuliffe. “We are honored to have such a dynamic global leader like Iron Mountain continue to invest in the Commonwealth aiding our efforts to build a new Virginia economy.”

Iron Mountain invested over $80 million in the first phase of this data center, which opens as an Uptime Institute Tier III certified facility for design and construction. And, like other Iron Mountain data center facilities, this new data center is designed to serve organizations with exacting service delivery and comprehensive compliance requirements, and supports key standards such as ISO 27001, FISMA High, PCI-DSS Level 1, HIPAA, SOC 2 Type II and SOC 3.

The new data center also opens with more than half of its first phase capacity pre-leased, including customers like Virtustream, a Dell Technologies business. Virtustream is the enterprise-class cloud company that is trusted by organizations worldwide to migrate and run their mission-critical applications in the cloud. The company selected Iron Mountain based on the security, comprehensive compliance support and scalability of the facility to serve its regulated customer base and support its growth projections.

With two additional phases to come in this first data center and plans to develop three other facilities on the campus, Iron Mountain’s total investment for the site is expected to be over $350 million. The 83-acre campus design ensures efficient long-term customer scalability for a total of 60 megawatts. Iron Mountain is participating in Virginia’s data center tax program which helps provide long-term visibility into operating costs and lower total costs to customers.

“The opening of Iron Mountain’s new facility in Prince William marks a new age of data development in Virginia,” said Representative Wittman. “When this project is finished, Iron Mountain will have four state-of-the-art secure data facilities in Manassas – contributing to our local economy. With already 173 employees in Virginia, I am excited to welcome them to a new area of Virginia’s First District and to see what opportunities lie ahead. The work they do is critical to preserving private information of people and businesses across Virginia and the Nation.”

“Congratulations to Iron Mountain on the opening of this state-of-the-art data center,” said Representative Connolly. “The 83-acre Prince William County campus is a great addition to our region’s growing IT footprint. Northern Virginia has quickly solidified its role as the Silicon Valley of the East and a leader in fostering the technologies of tomorrow thanks to companies like Iron Mountain.”

“The tech sector continues to grow in Northern Virginia, and these are the jobs of the future – innovation, research, cybersecurity,” said Senator McPike. “I am pleased to welcome Iron Mountain to Prince William County, as a key piece of that technology-focused approach to growing our economy.”

“Today we congratulate Iron Mountain on their latest expansion in the data center industry,” said Corey A. Stewart, Chairman, Prince William Board of County Supervisors. “This is indeed an important milestone and a testimony to Prince William County’s strong business proposition in that industry, one which aptly satisfies the need for innovative technology, security, efficiency and reliability, while providing sustainable opportunities for a qualified and job-ready workforce, all set within an aesthetically pleasing environment.”

“Iron Mountain is opening what we believe is one of the most compelling data center offerings in Northern Virginia,” said Mark Kidd, senior vice president and general manager of Iron Mountain Data Centers. “Our new campus provides superior physical security, lower power costs and a reduced tax structure compared to locations locally and nationally and delivers on our customers’ high standards for performance. Iron Mountain would like to thank the State of Virginia and Prince William County as well as our development partners, customers and dedicated employees for their contributions to this successful launch.”

In addition to the ribbon-cutting ceremony to commemorate the data center launch, Iron Mountain held an open house event co-sponsored by Burns and McDonnell and Donwil / Vertiv on September 14th attended by members of the local business community.

For more information on Iron Mountain Data Centers, please visit http://www.ironmountain.com/Services/Data-Centers.aspx.

About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is the global leader for storage and information management services. Trusted by more than 230,000 organizations around the world, Iron Mountain boasts a real estate network of more than 85 million square feet across more than 1,400 facilities in 52 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management, data management, document management, data centers, art storage and logistics, and secure shredding to help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for more information.

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DUBLIN, IRELAND – Host in Ireland, a strategic global initiative created to increase awareness of the benefits of hosting digital assets in Ireland, and winner of the Datacloud Europe 2016 award for Innovative Data Center Location, today announces its participation at Datacloud Ireland, taking place 21 September, 2017 at the Convention Centre, Dublin. Addressing an often-misunderstood subject, Host in Ireland Founder and President, Garry Connolly, as a Special Intelligence Session moderator, will join industry experts to explore the economic benefits associated with an increase in digital assets hosting throughout Ireland. In addition, Mr. Connolly will chair a panel session discussing the impact of the General Data Protection Regulation (GDPR) on organisations throughout the region.

“More than a quarter of the gross domestic product of Ireland is from software and data-related services, underpinned by Irish data centres and colocation facilities,” shares Mr. Connolly. “The data hosting industry plays a critical role in Ireland’s economic development, creating a wealth of new employment opportunities as Ireland continues to attract major multinational companies seeking an optimal location to host their digital assets. As the data hosting sector continues to grow throughout the country, this conference will provide an opportunity for the industry’s most influential players to work in tandem to advance the data hosting industry, while educating the greater community on why digital assets hosting is important to the growth of the Irish economy.”


“Unfortunately, many people throughout Ireland don’t grasp the full value of digital hosting as it relates to job creation and economic development, failing to see beyond the mere physical construction of data center facilities,” Mr. Connolly adds. “To judge the data industry from that perspective would be akin to measuring the effect of the agricultural industry based on a field of hay. Similarly, the economic and job multiplier effects of data hosting extend well beyond the tangible infrastructure.”

On Thursday, 21 September, at 9:40 a.m., Mr. Connolly will join an esteemed group of national and international data protection specialists as the moderator of the Special Intelligence Session, “GDPR Mastered.” This session will explore the overall impact of the GDPR on the creation, retention and distribution of data, as well as the effects that it will have on data hosting throughout Ireland and the European Union.

In addition, later that morning, at 10:15 a.m., Mr. Connolly will chair the panel session “The Brave New World of GDPR,” featuring Ireland’s Deputy Data Protection Commissioner and representatives from NetApp, Frontier Privacy and Compuware. As companies evolve to comply with GDPR legislation, these changes bring about a host of new concerns, as well as opportunities. During this session, panelists will discuss the opportunities and challenges that the GDPR will have on all global companies and their relationship with the data of EU citizens.

“At its core, the GDPR is designed to help organisations gain increased focus on the privacy and security of EU citizens’ data,” remarks Mr. Connolly. “I am very much looking forward to joining other industry leaders as we explore ways to increase awareness of the implications of the GDPR, as well as educate attendees on how companies will need to ‘up their game’ in advance of when the regulation goes into effect on 25 May 2018, to ensure compliance before it’s too late.”

Alongside premier partners CBRE, EdgeConneX®, Equinix, Future-tech, Keppel Data Centres, Mercury Engineering, Primary Integration and Siemens, Host in Ireland will also be a featured organisation in the “Irish Pavilion,” an exhibit focused on the advantages of the Irish hosting ecosphere.

Datacloud Ireland will bring together international enterprises, local providers, investment agencies and power supply companies as a platform for networking, education and collaboration among hosting industry professionals. The forum highlights the unique value of data centre, cloud and IT infrastructure across Ireland, which has become the gateway to Europe for multinational businesses.

If you would like to set up a meeting with Host in Ireland at Datacloud Ireland 2017, please email hostinireland@imillerpr.com. To learn more about Host in Ireland, visit www.hostinireland.com.

About Host in Ireland
Host in Ireland, winner of the Datacloud Europe 2016 award for Innovative Data Center Location, is an industry-led marketing initiative that provides timely and accurate information about Ireland’s digital asset hosting ecosystem at all times including demonstrating why Ireland is more cost-effective, efficient, reliable, secure and accessible than most other regions across the EU. There’s a reason companies like Microsoft, Zendesk, Facebook, Twitter, Amazon, Adobe and beyond have sought to host their solutions in as well as to/from Ireland. Many of these reasons are immediately realized due to access to affordable power, redundant network and bandwidth capacity along with a variety of data center providers that offer an array of services sustained by the “5 Ps”: Policy, People, Pedigree, Pipes, and Power. On top of that is a very attractive business management structure, implemented by Ireland, which is keenly interested to bring new businesses into the market. Ireland supports this initiative through attractive fiscal structures, access to a skilled workforce and full support of the U.S. Safe Harbor and Patriot Acts — ensuring data asset compliance for companies large and small. For more information about Host in Ireland, visit www.hostinireland.com.

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REDWOOD CITY, CA – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the opening of its newest International Business Exchange™ (IBX®) data center in Silicon Valley, located at its Great Oaks campus in San Jose. The $122M facility, named SV10, opens today and supports the increasing demand for interconnection capacity to accelerate business performance and drive digital transformation.

Equinix data centers in the Silicon Valley region are the business hub for more than 625 customers and represent the second-largest internet exchange point in North America. With the addition of SV10, Equinix has invested a total of nearly $400 million in the local economy with its Great Oaks campus, and has additional land in the area for future expansion, as demand arises. These facilities house rich ecosystems that allow network and content providers, cloud and IT service providers, and enterprise customers to quickly and efficiently exchange critical business data with their customers and partners through interconnection.


Interconnection is paramount for companies in the Silicon Valley campus. In fact, according to the Global Interconnection Index, a market study published recently by Equinix, the United States is the largest and most advanced region for Interconnection Bandwidth growth, with 82 percent of enterprises’ bandwidth expected to be dedicated to interconnection to networks and cloud by 2020. And Silicon Valley represents one of the top four fastest-growing regions within the U.S., with a forecasted 39 percent Interconnection Bandwidth growth through 2020.

Equinix will unveil the SV10 IBX data center at a launch event today, September 14, beginning at 2 p.m. PDT. For more information and to register for the event, please click here.

  • Equinix now operates thirteen Silicon Valley data center sites, and the addition of SV10—located adjacent to SV1 and SV5—provides additional capacity to meet the growing need for interconnection, multicloud deployments, and connectivity to network and content services. Equinix Silicon Valley sites provide customers with the ability to choose from a broad range of network services from more than125 providers, and cloud services such as AWS, Microsoft Azure, Google Cloud Platform, Oracle Cloud and others through the Equinix Cloud Exchange™ and direct connect services. By utilizing Equinix Metro Connect™, customers in SV10 can also easily and directly connect with customers in the seven other Equinix IBX data centers in Silicon Valley via low-latency dark fiber links between the sites.
  • The initial phase of SV10 will add 37,000+ square feet (3,400+ square meters) of colocation space, and provides campus cross-connectivity into SV1 and SV5, making it an ideal home for customers looking to interconnect to key network and cloud service providers. It will include space for 930 cabinets, and two additional expansion phases are planned. At full build, the facility will provide capacity for 2,820 cabinets.
  • Equinix has a long-term goal of using 100 percent clean and renewable energy for its global platform, and continues to make advancements in the way it designs, builds and operates its data centers with high energy-efficiency standards. SV10 sets the green standard for future Equinix IBX builds. It is a LEED Silver Certified building that meets the strict water reduction standards and will feature indirect evaporative cooling (IDEC) technology which dramatically reduces water use; hot aisle containment; accessibility to and from public transportation; and rooftop solar and fuel cells for sustainable energy production.

About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most interconnected data centers. In 44 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. www.equinix.com.

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At VMworld Europe 2017, IBM and Dell EMC announced a strategic partnership to enable Dell’s commercial customers extend their VMware environments- on-premises and public cloud workloads, to the IBM Cloud with ease. This will help them create new business opportunities with access to IBM’s cloud-native services including cognitive and analytics. This agreement aims at extension of IBM cloud reach for VMware solutions. In a bid to help its customers quickly and embrace their digital transformations successfully, Dell EMC will offer its customers’ VMware vCenter Server on the IBM Cloud. This in turn will help them in rapid extension of on-premises data center capacity into the public cloud and realize the benefits of investments done in VMware tooling and scripts, and training. This will provide VMware users a familiar, predictable and valuable experience and help them drive their company growth. As a part of the Barcelona agreement, customers will not only migrate enterprise…
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In the latest report about the server market by Gartner, the world’s leading research and advisory company, it has been found that in the second quarter of 2017, worldwide server revenue increased 2.8% YoY, while shipments grew 2.4% from the second quarter of 2016. “The second quarter of 2017 produced some growth compared with the first quarter on a global level, with varying regional results. The growth for the quarter is attributable to two main factors. The first is strong regional performance in Asia/Pacific because of data center infrastructure build-outs, mostly in China. The second is ongoing hyperscale data center growth that is exhibited in the self-build/ODM (original design manufacturer) segment,” said Jeffrey Hewitt, research vice president at Gartner. Mr. Hewitt also said that x86 servers increased 2.5 percent in shipments and 6.9 percent in revenue, while the RISC/Itanium Unix servers fell down 21.4 percent in shipments and 24.9 percent in vendor revenue as…
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