Data Center M&A: DataBank Acquires C7 Data Centers
Databank specializes in colocation, cloud, managed and network services. The company already owns data centers in Minneapolis, Minn.; Kansas City, Kansas; and Dallas, Texas. The combined data center footprint spans more than 250,000 square feet.
Digital Bridge Holdings, a global communications infrastructure company, acquired DataBank in mid-2016. Financial partners in that deal included Teachers Insurance and Annuity Association of America (TIAA), Allstate Investments and The Edgewater Funds.
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