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DataBank Acquires Four CyrusOne Data Centers

With over ten data center expansion projects during the last six months, DataBank continues its explosive growth across the U.S. The company’s latest deal is the $670M purchase of four CyrusOne facilities in the Houston metro area. 

Texas is known for its business-friendly environment, making the Lone Star State one of the top five markets in the U.S. With one of the highest concentrations of tech jobs in the country, Texas has seen an increasing demand from tech companies and is a prime location for enterprise-class data centers. Houston is the fourth-largest metro in the U.S. and is home to the fast-growing healthcare, financial, energy, media, and software sectors.  

The new DataBank transaction adds significant capacity and blue-chip customers, along with 300,000 sq. ft of raised floor data center space and 42.5 MW of critical IT load. The deal is anticipated to close in late Q1 2022.

“We are excited to add the Houston market to the DataBank portfolio. 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 4th 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.”  – Raul Martynek, DataBank’s CEO

This news comes on the heels of DataBank’s appointment of Joe Minarik, former Head of Global Data Center Supply at Amazon, who will lead DataBank’s Colocation and Managed Services Operations teams. 

Please visit www.databank.com or check out their news page for the latest announcements HERE for more information. 

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