Data Center Finance: BYTEGRID Announces Acquisition of NetRiver
BYTEGRID Holdings announced in July that it is acquiring Seattle-based NetRiver in an effort to expand the company’s portfolio on the West Coast and create a national footprint.
BYTEGRID Holdings announced in July that it is acquiring Seattle-based NetRiver in an effort to expand the company’s portfolio on the West Coast and create a national footprint.
CoreSite, started in 2001, has over 2.5 million square feet of data center capacity and is included in WiredRE’s “Big 6” data center providers. In Q2 CoreSite signed 121 leases resulting in $9.4 million in annualized revenue, a value of $77,685 per annual client contract. This revenue breaks down to a monthly recurring revenue (MRR) … Read more
Silicon Valley is known for being the center of innovation and for start-ups that turn into booming Internet businesses. In the first quarter of 2014, the San Francisco Bay Area received 50% of U.S. venture investment according to the Venture Capital Journal. Beyond receiving such a remarkable percentage of the development funds, the city of … Read more
Online Tech, a Michigan-based data center operator, recently announced it had purchased a 44,000 square foot Indiana data center in Indianapolis.
The Big Six Data Center companies enjoyed a mellow first quarter earnings cycle with growth in revenues and no big surprise announcements that would concern investors. Q1 Data Center Revenue Growth Year over year is Q1 2013 compared to Q1 2014. Sequential growth is Q4 2013 compared to Q1 2014. While growth rates are down … Read more
Key Highlights: Wired Real Estate Group Inc. (“WiredREâ€) has advised two of the top three global telecom firms and over half of the top banks in the US in transactions up to $100 million. Transaction follows doubling of revenue in 2013 and recent wins in Colorado, Chicago, Pennsylvania and Virginia. Denver, CO / Las Vegas, … Read more
Sources close to Google stated the search engine giant plans to increase its investment in a data center facility in Hamina, Finland.
QTS Profile and QTS IPO: Data Center REIT To Be Quality Realty Trust, Inc. (QTS) filed their Form S-11 Draft Registration Statement (DRS) with the SEC on May 31, 2013, and final prospectus on October 10, 2013. On Wednesday October 9, 2013 the QTS IPO was at $21.00 per share. QTS has been operating as … Read more
Information Management Network (IMN) is returning to the Bay Area for the 4th Annual Financing, Investing & Real Estate Development for Data Centers Forum on October 28th and 29th. The event offers 21 panel sessions featuring over 90 speakers, 35 of which are C-level and President from data center. The 2013 event in San Jose … Read more
A tax deal with The Dalles government officials could save Google hundreds of millions of dollars if the company agrees to invest $200 million in data center construction in the city.