45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
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: 1696 | 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
📅 - 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 [...]
📅 - Blackstone Investing 10B in QTS UK Data Center for AI and Cloud - Investment giant Blackstone and its digital infrastructure subsidiary, QTS, are set to transform the Cambois site inNorthumberland, United Kingdom, into a state-of-the-art data center complex. With a planned investment of up to 10 billion, the project will be one of the largest data center developments in Western Europe, positioning QTS at the forefront of AI and cloud computing infrastructure.
Blackstone, which previously acquired the 133-acre (540,000 square meter) site for 110 million, secured planning permission to proceed with the development. The project, which will include ten cutting-edge data center buildings, is expected to generate over 1,600 jobs, including 1,200 long-term [...]
📅 - 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.
Reads: 1696 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: Editor Hosting Journalist