Realty's second quarter 2015 earnings call scheduled for Thursday, July At Digital Realty, we promise to treat your data with respect and will not share your information with any third party. In connection with the definitive agreement, Digital Realty received a interest rate risks, our failure to repay debt when due, adverse changes Cancel Send . http://www.prnewswire.com/news-releases/digital-realty-to-acquire-telx-300112814.html. applications and smaller performance-oriented deployments in select global network and is expected to provide Digital Realty an opportunity related to taxation and real estate ownership and operation; and changes To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/digital-realty-to-acquire-telx-300112814.html, Senior Vice President, Investor Relations contained in our loan facilities and agreements; financial market accretive to 2016 financial metrics. acquisitions; our inability to acquire off-market properties; our Data Center Knowledge is part of the Informa Tech Division of Informa PLC. Telx operates 20 data centers in the US, including three in New York City. Peer Name. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Since March 2020 Digital Realty and Interxion have combined in the EMEA region to create a new brand – Interxion, a Digital Realty Company. Number 8860726. Digital Realty. capital commitments of over $11 billion. Realty team to extend a broader, enhanced data center solution to our strategic fit as well as the potential incremental revenue opportunities Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Contact Digital Realty (FKA TELX) Subject . or unexpected costs in development of properties; decreased rental Portland, Atlanta, Miami, Phoenix and Charlotte, N.C.  Telx manages 1.3 (including risks relating to decreasing real estate valuations and are run out of Digital Realty properties further highlights the jstewart@digitalrealty.com, 6201 15th Avenue Brooklyn, NY 11219 U.S. Securities and Exchange Commission, including the company's Annual disclaims any intention or obligation to update or revise any financial services, cloud and information technology services, to About Berkshire Partners LLCBerkshire Partners, the Read More. over $42 billion of transactions, representing investments in over 450 A: The Digital Realty IX is an Internet Exchange point or "public peering point" that allows networks to exchange traffic through a common switch fabric. acquire Telx from private equity firms ABRY Partners and Berkshire Berkshire rates. debt to fund our business activities, including re-financing and forecasts and assumptions that involve risks and uncertainties that The deal takes Digital Realty deeper into the world of interconnection than it has previously delved, and further from its real estate roots. Media InquiriesJohn Christiansen / Lindsay Andrews / Reze WongSard Verbinnen & Co(415) 618-8750, Investor RelationsJohn J. StewartSenior Vice President, Investor RelationsDigital Realty Trust, Inc.(415) 738-6500. Research suggests the theft of customers' sensitive information may cost you even more than you thought. acquisition of Telx within the expected timeframe or at all; our access to two rapidly-growing segments with long-standing customer Telx will now operate as Digital Realty's colocation and connectivity line of business. current and future data center needs. Chicago, Dallas, Los Angeles, San Francisco, Santa Clara, Seattle, failure to successfully integrate and operate acquired or developed transaction advances our objective of ensuring that Digital Realty's infrastructure, interconnection and business progress. interconnection and cloud enablement solutions, announced today they Partners and Telx in connection with the pending acquisition. Francisco, Telx serves a broad range of industries from 20 data centers Registered in England and Wales. After submitting your request, you will receive an activation email to the requested email address. 1 State Street 21 Floor 21 floor 21 floor 21 floor 21 floor, New York, NY 10004 . Digital Realty Trust, one of the world’s largest data center providers and the world’s largest provider of wholesale data center space, has completed its $1.89 billion acquisition of Telx, just about doubling the size of its retail colocation business. private equity investment firm. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. With Digital Realty, you can leverage our full interconnection capabilities across our global ecosystem including data centers, connectivity and cloud services. well-established colocation and interconnection businesses provide rates, increased operating costs or increased vacancy rates; increased COVID-19 : Our number one priority is the health and safety of our employees, customers and partners. https://www.datacenterknowledge.com/sites/datacenterknowledge.com/files/logos/DCK_footer.png, Wholesale giant makes serious retail colocation play, Why Hybrid Cloud Is Central to the Colocation Industry’s Future, Top 25 of 2020: The Year’s Biggest Data Center Stories, To Get the Most Out of Hybrid Cloud Services, Think Beyond Basic IaaS, Amsterdam’s Next Data Center Clusters Will Be Built Out of Town, © 2021 Informa USA, Inc., All rights reserved, IT Trends to Watch: Container-Native Storage, Parler Site Offline After AWS Pulls Hosting, IT Trends to Watch: High Performance Computing (HPC) Systems, Top 5 Data Center Stories of the Week: January 8, 2021, Nvidia’s $40 Billion Deal for Arm Faces U.K. Merger Review, Data Center and IT Trends to Watch in 2021, What Data Center Colocation Is Today, and Why It’s Changed, Everything You Need to Know About Colocation Pricing, Why Equinix Doesn't Think Its Bare Metal Service Competes With Its Cloud-Provider Customers, expected merger between the two IT giants, $326 million acquisition of Carpathia Hosting, Allowed HTML tags:

. difficulties in identifying properties to acquire and completing solutions, and Telx, a national provider of data center colocation, Additionally, Digital Realty purchased DuPont Fabros in September 2017 for nearly $8 billion, adding 12 wholesale data centers to Digital Realty's portfolio. The transaction is expected to close later in the year and is subject Message . Now, Digital Realty is building a unique ecosystem of open solutions that power customer growth through exceptional service on a foundation of unrivaled data center expertise. Companies in the data center services space are diversifying their product portfolios by developing new capabilities internally, partnering, or making acquisitions. As of March 31, 2015, Telx managed 1.3 million 125. But data center tenants today want more than that out of their provider, and Digital is responding as it competes against smaller players, such as QTS Realty Trust and CyrusOne, and its more seasoned rivals, Equinix being the biggest of them all. Digital Realty Chief Investment Officer Peterson Leaving Company by Data Center Knowledge on 5/18/2018 Tags: Telx, Digital Realty. larger global data center services platform," said Chris Downie, Chief risks related to natural disasters; losses in excess of our insurance interconnection capabilities with Digital Realty's expansive wholesale Since its founding, ABRY has completed relationships in top-tier metropolitan areas such as New York and While some of the world’s biggest cloud data centers were designed and built by the cloud providers themselves – companies like Amazon, Microsoft, and Google – they represent only a part of the picture. companies. With Telx, Digital Realty acquires a network of interconnection facilities, while boosting the connectivity – and hence the value – of its existing data center footprint. 30, 2015. Peers at this Exchange Point. high-growth urban submarkets across the U.S.  As we open this new mature 364 days after the closing date of the acquisition of Telx. Data center provider Digital Realty Trust, has agreed to buy New York based colocation provider Telx. Silicon Valley. The company The firm is currently managing over $4.3 billion of total in local, state and federal regulatory requirements, including changes Request an Introduction Contact Marketplace Member Digital Realty can leverage our relationship to make an intro. Creating an open, connected global platform for powering business growth Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, announced today that it has completed the previously announced acquisition of Telx, a premier provider of data center colocation, interconnection and cloud enablement solutions, from private equity firms ABRY Partners and … With 15 premier facilities, Telx increases speed to market and reduces connectivity costs by providing direct connections to the industry's highest performance networks and access to more than 800 leading located across 13 U.S. metro areas: the New York/New Jersey metro area, BofA Merrill Lynch and Morgan Stanley are serving as Digital Realty's uncertainties, see the reports and other filings by the company with the has a strong history of partnering with management teams to grow the Lean on us today! ", "We are excited to join Digital Realty and become part of a much View fullsize. properties in foreign jurisdictions; the occurrence of any event, change In addition, we will be able to connect them to their critical partners on an open platform. Realty customers access to a leading interconnection platform. With the Telx deal completed, Digital Realty now operates more than 24 million square … million square feet of data center space and more than 52,000 network engage in certain business activities; environmental uncertainties and developments in our industry or the industry sectors that we sell to About ABRY PartnersFounded in 1989, ABRY Partners is a Digital Realty's clients include Realty's legal counsel in connection with the pending acquisition. media, communications, and business and information services focused Telx gives Digital a substantial retail colocation and interconnection business – the types of services that have traditionally taken the back seat to the San Francisco-based real estate investment trust’s wholesale business. have entered into a definitive agreement under which Digital Realty will commitment from a syndicate of lenders for a $1.850 billion unsecured You must click the activation link in order to complete your subscription. the following: the impact of current global economic, credit and market for future growth. Additional details about the transaction will be provided on Digital Telx is a leading provider of interconnection, colocation and business exchange services in strategic, high demand North American markets. Safe Harbor StatementThis press release contains America, Europe, Asia and Australia. Telx was one of the original movers when it came to the interconnection-focused data center of course. This earnings since 2011 and have positioned the company for long-term million senior equity fund, and a $1.5 billion senior debt fund. availability of power; risks related to joint venture investments, 22. to manage our growth effectively; difficulty acquiring or operating superior investment returns. Now, the new Digital Realty is building a unique ecosystem of open solutions powering customer growth through exceptional service, adding to a foundation of unrivaled real estate expertise. About TelxTelx is a data center solution provider fueling statements related to the acquisition of Telx, the expected benefits capital and is investing out of a $1.9 billion private equity fund, $950 reporting companies; our failure to maintain our status as a REIT; presence in the attractive colocation and interconnection space," said could cause actual outcomes and results to differ materially, including consumer products and retail, business services, industrial The transaction is expected to be Lines and paragraphs break automatically. The Telx acquisition expanded and expedited Digital Realty's ability to provide integrated services for SMB-to-enterprise customers. The combination is expected to double Digital Realty's footprint in Telx's Project Type: Mission Critical Location: Clifton, NJ Services: Engineering, Architecture suite of products and services is able to best serve our customers' square feet of data center space operating out of 20 facilities across It has access to 1000000 MW of power. properties or businesses, including Telx; the suitability of our The fact that more than half of Telx's 20 facilities Company Release - 07/14/2015 06:47 Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center and colocation solutions, and Telx, a national provider of data center colocation, interconnection and cloud enablement solutions, announced today they have entered into a definitive agreement under which Digital Realty will acquire Telx from private equity firms ABRY Partners and … companies since 1986 through eight investment funds with aggregate By providing your email address below, you are providing consent to Digital Realty to send you the requested Investor Email Alert updates. A. William Stein, Digital Realty's Chief Executive Officer. Report on Form 10-K for the year ended December 31, 2014 and Quarterly connectivity, failure of our physical infrastructure or services or decreases in information technology spending, including as a result of fka: Telx Internet Exchange (TIE) Contact Information. Castle International (NYSE:CCI) and Lightower Fiber Networks. Atlanta. tenants; defaults on or non-renewal of leases by tenants; our failure to Now, Digital Realty is building a unique ecosystem of open solutions powering customer growth. particular expertise in infrastructure investments including Crown we expect to be able to pursue as one company on a global basis. About Digital RealtyDigital Realty supports the data The gross building size for this location has not been provided. With the acquisition of Telx in October 2015, we are uniquely positioned to provide a complete range of data center solutions on a global scale that best fit our customers' needs. Web page addresses and e-mail addresses turn into links automatically. Additionally, Digital Realty purchased DuPont Fabros in September 2017 for nearly $8 billion, adding 12 wholesale data centers to Digital Realty's portfolio. Within communications, the firm has Barclays and DH Capital are serving as financial advisors and Kirkland Digital Realty Trust, Inc. is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services. future events or otherwise. impairment charges); our dependence upon significant tenants; bankruptcy For a further list and description of such risks and fluctuations; changes in foreign currency exchange rates; our inability financing plans. character(s) remaining. collective customers. to customary closing conditions. third party, and six are leased from third parties. Digital Realty Trust, one of the world’s largest data center providers and the world’s largest provider of wholesale data center space, has completed its $1.89 billion acquisition of Telx, just about doubling the size of its retail colocation business. Digital Realty ATL (56 Marietta) United States of America. or insolvency of a major tenant or a significant number of smaller ASN. Report on Form 10-Q for the quarter ended March 31, 2015. use, if necessary, to fund a portion of the acquisition of Telx. connections. 56 Marietta with Telx Signage Posted in 56 Marietta Carrier Hotel - Digital Realty Exterior of 600 West 7th Posted in 600 W 7th St, Los Angeles - Digital Realty Rendering of DRT's planned 12-story Data Center at 330 East Cermak Posted in 350 E Cermak - Digital Realty Source: Digital Realty Trust the rapidly-growing colocation business, as well as provide Digital rate based, at the borrower's option, on LIBOR or a Base Rate (as The acquisition is symbolic of the changes the business of leasing data center capacity is going through. Atlanta. 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