Colo Bytes: STT GDC, Landmark, Telia, Iron Mountain

June 18th, 2019 by · 1 Comment

A few acquisitions, and a few green power initiatives in the colo space:

STT Global Data Centers has acquired Tata's 26% stake in STT Tai Seng. The deal gives STT GDC 100% ownership of the Singaporean piece of the company's joint venture with Tata, while leaving the Indian data center piece of that JV as is. The two companies established the JV back in 2016. Financial terms were not disclosed.

Landmark Dividend has acquired its 11th data center. Last week the company announced the acquisition of a 64,000 square foot facility in Fort Lauderdale, Florida. The actual deal took place in February, apparently, so who knows they might have made a 12th acquisition since then.  The facility is leased by Flexential, who now has a new landlord. [corrected from earlier verion]

Telia Carrier has teamed up with a new data center partner back on its home turf in Sweden. They have brought their portfolio of network services into EcoDataCenter's new facility in Falun. EcoDataCenter runs its facility entirely on renewable energy and even sends its surplus heat back into the town's heating and power plant. According to the company, that means they are able to overbalance carbon dioxide emissions with carbon dioxide replacement - something like a negative carbon footprint I guess.

And Iron Mountain has announced a new green energy initiative, called Green Power Pass. The idea is to let enterprises who are buying data services do so with 100% of the power from renewable sources. It's based on a bit fancy but "open source" accounting, really, but Boeing, Boston Medical Center, Credit Suisse, and Goldman Sachs are already on board as early adopters. Meanwhile Iron Mountain also bought itself a new data center, acquiring InfoZafe and its facility in Bangkok, Thailand.

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Categories: Datacenter · Energy · Mergers and Acquisitions

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