45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
X
Menu
WHTop → 📋 News → Data Center Company QTS Acquired by Blackstone Funds for $10 Billion
Data Center Company QTS Acquired by Blackstone Funds for $10 Billion
📅 - In an all-cash transaction valued at about $10 billion including debt, investment firm Blackstone Funds (NYSE: BX) will buy all outstanding shares of common stock of QTS Realty Trust for $78.00 per share. Excluding debt, the acquisition price represents a valuation of $6.7 billion.
Tags: Data CenterNewsBlackstone Infrastructure PartnersBlackstone Real EstateBREITChad Williamscolocationdata centerdata center acquisitionsGreg BlankqtsTyler Henritze
Reads: 1821 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: Editor Hosting Journalist URL source: https://hostingjournalist.com/news/data-center-company-qts-acquired-by-blackstone-funds-for-10-billion
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Related news
📅 - QTS and Lancium Plan $10 Billion Texas Data Center Campus - QTS Data Centers and Lancium plan a data center campus near Turkey, Texas, carrying an expected investment above $10 billion and potentially thousands of construction jobs. QTS would build and operate the facilities on Lancium's Clean Campus, while Lancium supplies infrastructure, power systems, storage and solar. The scale raises questions around execution, grid capacity and local impact.
For Hall County, the proposal is unusually large relative to the surrounding economy. The companies estimate as many as 7,000 construction jobs at peak activity and roughly 350 permanent positions spanning QTS staff, maintenance, security and tenant operations. Those figures could alter local labor [...]
📅 - QTS Drops Virginia Data Center Plan Despite Billions at Stake - QTS has abandoned its proposed Digital Gateway data center development in Virginia, ending years of legal battles and community opposition despite securing local approval, in a setback that highlights how land use, permitting and public resistance are becoming as critical to AI infrastructure as power, fiber and available capital for future expansion projects.
For years, the Digital Gateway proposal symbolized Virginia's complicated relationship with the industry that helped make the state the world's largest concentration of data centers. Now it represents something else. Even large operators with substantial financial backing are discovering that local acceptance has become another [...]
📅 - Blackstone Commits €4 Billion to German AI Data Center - US-based investment firm Blackstone is making a major long-term bet on Germany's digital infrastructure with a planned €4 billion ($4.65 billion) investment in a large-scale data center project in Lippetal, according to sources cited by the German business daily Handelsblatt.
The new datacenter development in Germany underlines the growing strategic importance of European data center capacity as demand accelerates for cloud computing and artificial intelligence workloads.
The project would center on a 27-hectare site located in an industrial park in North Rhine-Westphalia, a region that has emerged as a key hub for digital and industrial infrastructure due to its central location, strong [...]
📅 - Lumen Expands Internet On-Demand to 10M U.S. Business Locations - Lumen Technologies has announced one of its largest infrastructure expansions to date, bringing its Internet On-Demand service to more than 10 million additional business locations across the United States. The move marks a significant milestone in the company's ongoing push to simplify connectivity for enterprises navigating digital transformation, hybrid cloud adoption, and AI-driven workloads.
The announcement effectively extends Lumen's Network-as-a-Service (NaaS) platform far beyond its existing footprint, allowing organizations to provision high-performance, scalable internet access in minutes - regardless of whether their sites fall within Lumen's owned network. By partnering with [...]
📅 - QTS to Invest $10B in New Cedar Rapids Data Center Campus - QTS Data Centers, a portfolio company of Blackstone, has unveiled plans for a massive new data center campus in Cedar Rapids, Iowa, in what local officials describe as the largest economic development initiative in the city's history. With an estimated $10 billion investment, the project signals a long-term commitment to expanding high-performance digital infrastructure in the U.S. Midwest and is expected to reshape the regional technology and economic landscape.
The new campus will span 612 acres in the Big Cedar Industrial Center and accommodate seven large-scale data center buildings. According to QTS, the buildout will be phased and will generate over 2,000 high-quality jobs, both in [...]