Showing posts with label Digital Realty. Show all posts
Showing posts with label Digital Realty. Show all posts

Wednesday, September 9, 2020

Interxion to expand its data center campus in Madrid


The parcel is less than one kilometre from Interxion’s existing data centres and can support a facility with up to 34 megawatts of critical IT capacity encompassing more than 35,000 square metres.

Interxion purchased the 14,550-square metre plot to build its fourth data centre in Madrid’s technology zone known as Silicon Alley Madrid, a part of the San Blas-Canillejas district. Construction of a 34-megawatt data centre would be expected to generate more than 500 jobs and drive significant economic impact, boosting GDP between €9and €12 for every euro invested. The strategic expansion project underscores Interxion’s confidence in the region’s future as southern Europe’s digital hub and its commitment to the development of the digital economy in Spain.
Interxion has acquired a 3.6-acre land parcel in a strategic expansion of its operations in Madrid, Spain.
Interxion said its Madrid facilities have become the primary hub for content exchange on the Iberian Peninsula – and in southern Europe more broadly.
“The recent restrictions on people’s movements have shined a new light on the role of data centres and the digital economy,” said Robert Assink, Managing Director of Interxion Spain. “There is now heightened awareness of the importance of connectivity and access to the applications that enable us to work, study, consume content and shop from anywhere. Without data centres, it would not be possible to connect users and businesses.”

Monday, August 31, 2020

Digital Realty adds colo capacity in Toronto

Digital Realty announced an expansion of its One Century Place colocation data center in Toronto. The expansion of One Century Place in Vaughn, also known as TOR1, is expected to add 6,000 square feet and 1,500 kilowatts of colocation capacity to a broad cross-section of customers across industries. 

Digital Realty also noted that it will leverage IBM's next-generation Direct Link 2.0 capabilities, providing direct access to the IBM Cloud in Toronto. 

"Toronto is a more critical market than ever as businesses recognize the growing importance of the region as one of the next major technology hubs in North America," said Digital Realty Chief Executive Officer A. William Stein.  "Today's announcement marks a significant milestone in the expansion of PlatformDIGITAL as we continue to expand our colocation capabilities in strategic regions around the world.  We are enabling our customers to address the challenges of data gravity by deploying their digital infrastructure in close proximity to key cloud deployments, providing the coverage, capacity and connectivity requirements to support their current and future goals."

"Data rich technologies like AI and IoT are being deployed at a rapid scale, requiring enterprises to locate their infrastructure closer to highly-connected centers of data exchange.  Enterprises now need greater access to productized colocation offerings at the heart of where digital business is happening.  We see significant growth potential in greater Toronto as digital business accelerates," added Mr. Stein. 

Digital Realty completed the colocation expansion of TOR1 in July 2020.  Digital Realty currently operates over 20 megawatts of capacity across two data centers in the Toronto region, with more than 60 megawatts planned at full build-out.

https://www.digitalrealty.com/data-centers/toronto

Sunday, August 2, 2020

Digital Realty and Interxion see continued growth, 86% occupancy

Digital Realty reported Q2 revenues of $993 million, a 21% increase from the previous quarter and a 24% increase from the same quarter last year.  Net income was $76 million, and net income available to common stockholders of $54 million, or $0.20 per diluted share, compared to $0.90 per diluted share in the previous quarter and $0.15 per diluted share in the same quarter last year. Q2 adjusted EBITDA of $559 million, a 16% increase from the previous quarter and a 17% increase over the same quarter last year.

In Q2, Digital Realty signed total bookings expected to generate $144 million of annualized GAAP rental revenue, including a $12 million contribution from interconnection and an $18 million contribution from the combination with Interxion, which was completed on March 12, 2020.

Digital Realty also signed renewal leases representing $169 million of annualized GAAP rental revenue during the quarter. 
Rental rates on renewal leases signed during the second quarter of 2020 rolled down 2.8% on a cash basis and up 7.2% on a GAAP basis.

"I'm incredibly proud of the way the Digital Realty team has come together during the difficult circumstances of the past several months to maintain steadfast support for our customers around the world, prioritizing health and safety while maintaining service levels," said Digital Realty Chief Executive Officer A. William Stein.  "We continued to seed investments to support our customers' future growth across the Americas, APAC and EMEA, while delivering record current-period bookings, demonstrating the power of our global platform as well as the resiliency of our business.  Looking ahead, we are well positioned to continue to deliver sustainable growth for customers, shareholders and employees, into the second half of 2020 and beyond."

https://investor.digitalrealty.com/financials/quarterly-earnings/default.aspx



Thursday, July 16, 2020

HPE GreenLake Cloud is now hosted by Interxion in Europe

Hewlett Packard Enterprise (HPE) confirmed that its GreenLake cloud services will be hosted by Interxion in 13 European countries.

HPE Greenlake Cloud provides companies with the benefits of a managed cloud experience without the complexity of managing data centers, while maintaining ownership and control of their data and workloads.

The new offer is being piloted with Interxion in Ireland, with the intention to quickly expand to the UK, Germany, France and The Netherlands.

“At Interxion, we’ve been listening to our customers who have told us that they want to tap into the flexibility and convenience of the cloud, while alleviating the operational burden on IT systems,” said Séamus Dunne, Managing Director, Interxion Ireland. “Our agreement to launch HPE GreenLake cloud services hosted in our data centers improves speed and agility by increasing customers’ connectivity to public clouds while staying in control of cost, security and compliance without the need to invest in an on-premise data center, as they can deploy HPE GreenLake solutions in Interxion’s colocation data centers. ”


Tuesday, June 16, 2020

Digital Realty builds carrier-neutral data center in Seoul

Digital Realty began construction on its first data center in South Korea.

Digital Seoul 1 (ICN10) will be built on a 22,000 square foot land parcel within the Sangam Digital Media City in northwest Seoul.

ICN10 is designed to accommodate 12 megawatts of information technology (IT) load.  The building will encompass over 162,000 square feet, spanning twelve levels.  It will provide seamless connectivity, with a vibrant community of domestic and internal bandwidth and data service providers, internet transit, and multiple internet access services.  The facility is scheduled to be ready for customers in the fourth quarter of 2021.

"Our investment in South Korea is an important milestone on our global platform roadmap, adding coverage, capacity and connectivity capabilities to enable our customers' digital transformation strategies while demonstrating our commitment to supporting customers' future growth on PlatformDIGITAL," said Digital Realty Chief Executive Officer A. William Stein.  "The current pandemic has accelerated the pace of digital transformation and adoption of cloud services across the world.  Customers in the Asia Pacific region are set to gain from our new ICN10 facility, as they ramp up their own digitalization efforts." 

Monday, May 18, 2020

Digital Realty to host The Shadowserver Foundation

Digital Realty's data center in Oakland, California, will support The Shadowserver Foundation, a nonprofit organization working on Internet security.

The Shadowserver Foundation collects vast amounts of threat data, sends tens of thousands of free daily remediation reports, and cultivates strong reciprocal relationships with network providers, national governments and law enforcement. The goal is to bring malicious activities and abusable vulnerabilities out of the shadows, expedite their remediation and help to better secure the Internet.

Digital Realty said its Oakland data center offers direct access to Silicon Valley and the ability to support high-density deployments, providing agility and flexibility to enable customers to meet their growing data center requirements.  With access to over 60 networks within Digital Realty's Bay Area Connected Campus, the Oakland data center is ideally positioned to help The Shadowserver Foundation streamline its data center network, providing flexibility to easily migrate its gear to a single location over time.

"Our mission as one of the world's leading resources for internet security is to equip organizations with the research and tools they need to reinforce their protection and remediation efforts," said Richard Perlotto, Director, The Shadowserver Foundation.  "Earlier this year, we began our search for a provider to host our data center, seeking a partner who offered the flexibility and expertise we need to support us as our business evolves.  With Digital Realty, we have the infrastructure we need to be able to more effectively monitor and prevent dark web and illegal activity on the internet."

https://www.digitalrealty.com/platform-digital/network-hub

Tuesday, May 5, 2020

Digital Realty hosts AI clusters powered by NVIDIA GPUs

Digital Realty announced a new solution to deliver AI-ready IT infrastructure powered by NVIDIA DGX systems. The solution enables the rapid deployment of artificial intelligence and machine learning workloads, and provides the components customers need to solve global coverage, capacity and network needs.

Powered by PlatformDIGITAL and NVIDIA DGX, the Data Hub solution accommodates typical enterprise deployments of AI infrastructure to address the placement, connectivity and hosting of critical data infrastructure in proximity to users, networks, clouds and things. It localizes data aggregation, staging, analytics, streaming and data management to optimize data exchange, empowering businesses to distribute intelligence across the enterprise to accelerate digital transformation initiatives.

NVIDIA DGX-1 delivers over 1 petaFLOPS of performance; NVIDIA DGX-2 delivers over 2 petaFLOPS.

https://www.digitalrealty.com/nvidia-digital-realty-partnership

Tuesday, April 21, 2020

Interxion plans major data center campus in Paris

Interxion, which is now part of Digital Realty, has begun the construction of a major expansion project in Paris.

Interxion Paris Digital Park has access to up to 85 megawatts of customer available power and will accommodate four data centers spanning a total of approximately 40,000 square meters of equipped space.

The first data center on the site will be Interxion’s eighth data center in Paris (PAR8) and will be constructed in three phases, delivering, in aggregate, 9,600 square meters of equipped space and 19 MW of customer available power when fully built out. The first phase of PAR8, which is expected to provide approximately 3,200 square meters, is scheduled to open in late 2021. The capital expenditure associated with PAR8, excluding land and other shared costs for the site, is expected to be approximately €207 million.

“We continue to experience solid demand across our pan-European footprint, with the cloud and content platform providers, in particular, continuing to expand their presence in the key European cities,” said David Ruberg, Chief Executive Officer of Interxion, a Digital Realty company. “Interxion Paris Digital Park meets the key requirements of local and international customers with access to dense network connectivity, available power and line of sight to substantial expansion capacity and will keep us at the forefront of the Paris market opportunity.”

Digital Realty + Interxion merger brings scale and interconnectivity

Digital Realty and Interxion agreed to a merger that would create a global provider of data center, colocation and interconnection solutions.  Under the deal, Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.  The transaction values Interxion at approximately $93.48 per ordinary share or approximately $8.4 billion of total enterprise value, including assumed net debt.

Interxion's European business currently consists of 53 carrier- and cloud-neutral facilities in 11 European countries and 13 metro areas including Frankfurt, Amsterdam, Paris and Interxion's Internet Gateway in Marseille. Its network reaches 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms. Interxion has a robust pipeline of data center development projects currently under construction, with over $400 million invested to date and a total expected investment of approximately $1 billion. These projects represent roughly a 40% expansion of Interxion's standalone critical load capacity, are significantly pre-leased and are expected to be delivered over the next 24 months, representing a solid pipeline of potential future growth for the combined company.

The companies said their combination will build upon Digital Realty's successful track record of hyperscale development and will represent an extension of the connected campus strategy that empowers enterprise customers to leverage the right products – from colocation to hyperscale footprints – to create value by efficiently deploying

In Europe, Digital Realty has an established presence in Amsterdam, Frankfurt, London and Dublin. On a global basis, Digital Realty has 220 data centers in 35 top metropolitan areas.
 

Wednesday, February 12, 2020

Digital Realty buys a 49% stake in Seattle's Westin Building Exchange

Digital Realty will acquire a 49% ownership interest in the Westin Building Exchange in Seattle, Washington, from Clise Properties. Financial terms were not disclosed.

The Westin Building Exchange, which is said to be the sixth most densely interconnected facility in North America, serves as a primary interconnection hub for the Pacific Northwest. The building houses over 150 carriers and more than 10,000 cross-connects.  The 34-story tower is adjacent to Amazon's 4.1 million square foot urban campus and overlooks Elliott Bay as well as the downtown Seattle skyline.

"This investment represents a significant step towards executing on the PlatformDIGITAL™ roadmap we introduced last November, adding coverage, capacity and connectivity capabilities to enable our customers' digital transformation strategies," said Digital Realty Chief Executive Officer A. William Stein.  "This linchpin asset gives us the opportunity to fully leverage our robust business infrastructure and open up a full suite of enterprise IT solutions to our global customer base.  This transaction further strengthens our interconnection platform and demonstrates our commitment to accelerating digital business on PlatformDIGITAL."

Friday, January 10, 2020

Digital Realty adds to its Board

Digital Realty announced the appointment of retired Lt. Gen. VeraLinn "Dash" Jamieson and Alexis Black Bjorlin, Ph.D., to its board of directors.

Lt. Gen. Jamieson is the former Director of the United States Air Force's Intelligence Surveillance, Reconnaissance and Cyber Effects Operations and Dr. Black Bjorlin is Broadcom's Senior Vice President and General Manager of Optical Systems Division.

"We are delighted to welcome Dash and Alexis to our board of directors, both of whom bring significant experience directly relevant to our strategy of enabling customers' digital transformation," said Digital Realty Chief Executive Officer A. William Stein. \

Thursday, November 7, 2019

Digital Realty's PlatformDIGITAL targets ecosystem connectivity

At its MarketplaceLIVE event in New York City, Digital Realty introduced its PlatformDIGITAL, a global data center platform for helping its data center colocation customers to scale their digital business. 

PlatformDIGITAL aims to deliver seamless and dynamic ecosystem connectivity within a Digital Realty data center and throughout its growing portfolio of data centers worldwide.

“With the announcement of PlatformDIGITAL™, we uniquely enable customers to deploy their IT infrastructure at the centers of data exchange around the world, bringing users, things, applications, clouds and networks to the data. Our customers get the advantage of access to fit-for-purpose infrastructure that can power their digital transformations at the scale and speed they require today and into the future,” said Digital Realty Chief Executive Officer A. William Stein. 

The idea is to provide a trusted foundation that enables Digital Realty's colocation customers to tailor infrastructure deployments and controls matched to business needs irrespective of data center size, scale, location, configuration or ecosystem interconnections. Globally distributed workflows become possible, thus eliminating data gravity barriers.

Digital Realty also outlined its vision for a Pervasive Datacenter Architecture (PDx) that provides a step-by-step strategy to create the new IT architecture required for digital transformation.

Digital Realty said PDx is a prescriptive set of blueprint for its customers based on hundreds of product deployment combinations already present in its data centers. Digital Realty is already providing customers with access to new centers of data exchange in more than 210 data centers deployed on PlatformDIGITAL across 36 metros and 15 countries.



Building on this foundation, Digital Realty is launching four new enterprise IT solutions that can be rapidly deployed on PlatformDIGITAL:

  • Network Hub for Rewiring the Network: consolidates and localizes traffic into ingress/egress points to optimize network performance and cost
  • Control Hub for Implementing Hybrid IT Controls: hosts adjacent Security & IT controls to improve security posture and IT operations, tailored infrastructure deployments matching hyper-converged infrastructure configurations and density requirements for control points
  • Data Hub for Optimizing Data Exchange: localizes data aggregation, staging, analytics, streaming and data management to optimize data exchange and maintain data compliance
  • SX Fabric for Interconnecting Global Workflows: adds SDN overlay to service chain multi-cloud and B2B application ecosystems.  Connects hubs across metros and regions to enable secure, highly-efficient and distributed workflows.

In addition, Digital Realty is working with Cisco, IBM Cloud and Bridgepointe Technologies on enterprise solutions offered on PlatformDIGITAL. For example, the Cisco Secure Agile Exchange can be deployed as a network hub solution within Digital Realty’s global footprint of data centers.

http://www.digitalrealty.com/platformdigital

Digital Realty + Interxion merger brings scale and interconnectivity

Digital Realty and Interxion agreed to a merger that would create a global provider of data center, colocation and interconnection solutions.  Under the deal, Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.  The transaction values Interxion at approximately $93.48 per ordinary share or approximately $8.4 billion of total enterprise value, including assumed net debt.

Interxion's European business currently consists of 53 carrier- and cloud-neutral facilities in 11 European countries and 13 metro areas including Frankfurt, Amsterdam, Paris and Interxion's Internet Gateway in Marseille. Its network reaches 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms. Interxion has a robust pipeline of data center development projects currently under construction, with over $400 million invested to date and a total expected investment of approximately $1 billion. These projects represent roughly a 40% expansion of Interxion's standalone critical load capacity, are significantly pre-leased and are expected to be delivered over the next 24 months, representing a solid pipeline of potential future growth for the combined company.

The companies said their combination will build upon Digital Realty's successful track record of hyperscale development and will represent an extension of the connected campus strategy that empowers enterprise customers to leverage the right products – from colocation to hyperscale footprints – to create value by efficiently deploying

In Europe, Digital Realty has an established presence in Amsterdam, Frankfurt, London and Dublin. On a global basis, Digital Realty has 220 data centers in 35 top metropolitan areas,



The companies also noted that the merger will provide access to additional capital for investment.

"This strategic and complementary transaction builds upon Digital Realty's established foundation of serving market demand for colocation, scale and hyperscale requirements in the Americas, EMEA and Asia Pacific and leverages Interxion's European colocation and interconnection expertise, enhancing the combined company's capabilities to enable customers to solve for the full spectrum of data center requirements across a global platform," said Digital Realty Chief Executive Officer A. William Stein.  "The transaction is expected to be accretive to the long-term growth trajectory of the combined organization, and to establish a global platform that we believe will significantly enhance our ability to create long-term value for customers, shareholders and employees of both companies."

"We are excited to deliver this compelling opportunity for all our stakeholders while bolstering our ability to offer a truly global platform to serve our customers' needs," said Interxion Chief Executive Officer David Ruberg.  "As part of Digital Realty, stakeholders will have the opportunity to continue to reap the benefits of the value that we have created via the communities of interest approach in our carrier- and cloud-neutral European data center portfolio.  They will also be able to participate in the value created by extending our approach across Digital Realty's global footprint, complementary customer base and significant presence in the Americas, EMEA and Asia Pacific.  We also believe our stakeholders will benefit from Digital Realty's investment grade balance sheet and lower cost of capital.  We look forward to working closely with Bill Stein and the entire Digital Realty team to consummate the transaction and combine the best of our companies to build the world's preeminent data center provider."

Additionally:

  • Digital Realty CEO A. William Stein will serve as CEO of the combined company 
  • Digital Realty CFO Andrew P. Power will serve as CFO of the combined company 
  • Interxion CEO David Ruberg will serve as the Chief Executive of the combined company’s Europe, Middle East & Africa (EMEA) business, which will be branded “Interxion, a Digital Realty company” at the close of the transaction

Sunday, November 3, 2019

Adani and Digital Realty partner on data centers in India

Adani Group is partnering with Digital Realty to develop and operate data center parks in India.

The collaboration would leverage Digital Realty’s extensive experience and global data center customer base along with Adani’s expertise in full-stack energy management, renewable power, and real estate development and management.

Speaking on the development, the Adani Group Chairman, Mr. Gautam Adani, said, “Data center infrastructure is critical to enable a Digital India and this partnership leverages several of the capabilities developed by the Adani Group in power generation, transmission, retail electricity distribution, access to waterfronts through the ports business, and real estate management. Also, as one of the top five renewable energy companies in the world, our ability to power our data centers with solar and wind energy is unique and addresses some of the challenges of building and operating data centers. We are excited about partnering with Digital Realty, the world’s market leader in the data center industry, to help with the transformation of this sector in India. The skill sets of the two companies are complementary, and together we can provide unmatched products and solutions to customers in India.”

“We are excited by the opportunity to enter the Indian market with the Adani Group,” said Digital Realty Chief Executive Officer, A. William Stein. “Their knowledge of the local market and complementary capabilities are a great fit for us and will significantly accelerate our ability to serve customers in this rapidly growing region. The Adani Group’s understanding of real estate development, energy, cooling technologies and access to connectivity across the nation will be critical to providing a world-class experience to a customer base that sees India as one of the largest and fastest growing markets in the world. We are strongly committed to working with Adani to build out a world-class data center network in India to support the growth of our global and Indian customers.”

Wednesday, October 30, 2019

Digital Realty + Interxion merger brings scale and interconnectivity

Digital Realty and Interxion agreed to a merger that would create a global provider of data center, colocation and interconnection solutions.  Under the deal, Interxion shareholders will receive a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion share.  The transaction values Interxion at approximately $93.48 per ordinary share or approximately $8.4 billion of total enterprise value, including assumed net debt.

Interxion's European business currently consists of 53 carrier- and cloud-neutral facilities in 11 European countries and 13 metro areas including Frankfurt, Amsterdam, Paris and Interxion's Internet Gateway in Marseille. Its network reaches 700 connectivity providers, 21 European Internet exchanges, and most leading cloud and digital media platforms. Interxion has a robust pipeline of data center development projects currently under construction, with over $400 million invested to date and a total expected investment of approximately $1 billion. These projects represent roughly a 40% expansion of Interxion's standalone critical load capacity, are significantly pre-leased and are expected to be delivered over the next 24 months, representing a solid pipeline of potential future growth for the combined company.

The companies said their combination will build upon Digital Realty's successful track record of hyperscale development and will represent an extension of the connected campus strategy that empowers enterprise customers to leverage the right products – from colocation to hyperscale footprints – to create value by efficiently deploying

In Europe, Digital Realty has an established presence in Amsterdam, Frankfurt, London and Dublin. On a global basis, Digital Realty has 220 data centers in 35 top metropolitan areas,



The companies also noted that the merger will provide access to additional capital for investment.

"This strategic and complementary transaction builds upon Digital Realty's established foundation of serving market demand for colocation, scale and hyperscale requirements in the Americas, EMEA and Asia Pacific and leverages Interxion's European colocation and interconnection expertise, enhancing the combined company's capabilities to enable customers to solve for the full spectrum of data center requirements across a global platform," said Digital Realty Chief Executive Officer A. William Stein.  "The transaction is expected to be accretive to the long-term growth trajectory of the combined organization, and to establish a global platform that we believe will significantly enhance our ability to create long-term value for customers, shareholders and employees of both companies."

"We are excited to deliver this compelling opportunity for all our stakeholders while bolstering our ability to offer a truly global platform to serve our customers' needs," said Interxion Chief Executive Officer David Ruberg.  "As part of Digital Realty, stakeholders will have the opportunity to continue to reap the benefits of the value that we have created via the communities of interest approach in our carrier- and cloud-neutral European data center portfolio.  They will also be able to participate in the value created by extending our approach across Digital Realty's global footprint, complementary customer base and significant presence in the Americas, EMEA and Asia Pacific.  We also believe our stakeholders will benefit from Digital Realty's investment grade balance sheet and lower cost of capital.  We look forward to working closely with Bill Stein and the entire Digital Realty team to consummate the transaction and combine the best of our companies to build the world's preeminent data center provider."

Additionally:

  • Digital Realty CEO A. William Stein will serve as CEO of the combined company 
  • Digital Realty CFO Andrew P. Power will serve as CFO of the combined company 
  • Interxion CEO David Ruberg will serve as the Chief Executive of the combined company’s Europe, Middle East & Africa (EMEA) business, which will be branded “Interxion, a Digital Realty company” at the close of the transaction


Interxion sees continued favourable demand for European data center services

Interxion, a leading European provider of carrier and cloud-neutral colocation data centre services, reported Q2 revenue of €158.5 million, up 14% from the same period last year. Net income increased by €8.0 million to €8.6 million (2Q 2018: €0.6 million). Diluted earnings per share increased by €0.11 to €0.12 (2Q 2018: €0.01). Capital expenditure, including intangible assets(2), were €123.5 million (2Q 2018: €120.5 million).
Some operating highlights:
  • Equipped space increased by 6,500 square metres (“sqm”) during the quarter to 154,800 sqm metres.
  • Revenue generating space increased by 2,600 sqm during the quarter to 121,600 sqm.
  • Utilisation rate at the end of the quarter was 79%.

During the second quarter, Interxion completed the following capacity additions:

  • 2,000 sqm in Vienna;
  • 1,300 sqm in Madrid;
  • 1,100 sqm in Marseille;
  • 800 sqm in Stockholm;
  • 600 sqm in London;
  • 400 sqm in Paris; and
  • 300 sqm in Dusseldorf.
“As reflected in the solid second quarter results, Interxion continues to experience favourable demand, driven primarily by the cloud and content platform providers,” said David Ruberg, Interxion’s Chief Executive Officer. “In response to customer demand and orders, we are announcing today incremental investments in Frankfurt, Paris, Marseille and Stockholm. Our recent equity issuance and credit rating upgrade support our ongoing expansion activity, with a focus on sustaining our attractive returns."



https://investors.interxion.com/investor-relations

Sunday, February 10, 2019

Digital Realty plans new data center in Singapore

Digital Realty acquired a long-term ground lease on a parcel totaling 12,800 square meters and adjacent to its second Singapore facility – Digital Loyang I (SIN11), located at Loyang Drive on the east side of Singapore. 

The land will be used for a new, multi-story Digital Loyang II (SIN12) Singapore data center. The facility is expected to be fully operational by the third quarter of 2020, marking a significant expansion and further development of the Digital Realty Loyang connected campus.  The new data center will be located less than 25 kilometers from Singapore's central business district and will provide up to 50 megawatts (MW) of critical power capacity to regional and global customers.

Both the existing SIN11 and planned SIN12 facilities are strategically located close to the Changi North Cable landing station, a key sub-sea internet landing station for the region. 

"Digital transformation is set to contribute US$10 billion to Singapore's gross domestic product (GDP) by 2021," said Mark Smith, Managing Director APAC for Digital Realty.  "With leading global technology companies increasingly looking to expand their digital footprint in Singapore, there is a significant opportunity for leading infrastructure providers like Digital Realty to provide the trusted foundation for the nation's technology landscape.  Our customers are constantly investing in digital services to transform their businesses, and we remain committed to supporting them through these transformations."

Tuesday, January 22, 2019

Digital Realty brings Internet Exchange to Chicago and Ashburn, Virginia

Digital Realty is expanding its Internet Exchange service to Chicago and Ashburn, Virginia.

The Digital Realty Internet Exchange Platform, or “DRIX,” is currently available at the company's data centers in New York, Atlanta, Dallas, and Phoenix, connecting a variety of facilities within each of these metros to the peering platform. The service is a neutral, privately-owned Internet exchange that provides performance peering platform across a broad cross-section of carriers, cloud service providers and digital media companies.

“The explosion of IP traffic has created the need for a highly scalable, reliable and cost-efficient internet exchange solution,” said Digital Realty Chief Technology Officer Chris Sharp.  “Our track record as a stable, trusted business partner has enabled us to reduce the complexities of interconnection for our customers, deliver innovative ways to simplify provisioning and improve their network performance for a better end-user experience.”

Wednesday, December 19, 2018

Digital Realty earns ENERGY STAR Certifications for its 24 data centers

Digital Realty earned the U.S. Environmental Protection Agency’s ENERGY STAR certification for superior energy performance in 24 data centers in 2018.  The certifications indicate Digital Realty data centers rank in the top 25 percent of similar facilities nationwide for energy efficiency. 

Digital Realty said its ENERGY STAR-certified data centers are now saving a total of 720,000 megawatt hours relative to industry-average data centers, enough to power 80,000 average U.S. homes for a year and eliminating 535,000 metric tons of C02 emissions. The 24 facilities certified in 2018 total 385,000 kilowatts of data center capacity, representing more than one-third of Digital Realty’s U.S. data center portfolio.

Separately, Digital Realty also announced it has enrolled in a new sustainable energy offering from Salt River Project under which Digital Realty will source a portion of the energy consumed by its Arizona data center portfolio from a new 100-megawatt solar plant to be built in Coolidge, AZ.

Digital Realty Senior Director of Sustainability Aaron Binkley concluded, “Receiving ENERGY STAR certification for a significant portion of our data center portfolio speaks to the expertise of our data center design and operations teams and their sustained focus on achieving high levels of energy performance for our customers.  These certifications are another element of our commitment to deliver to our clients best-in-class global data center solutions that minimize environmental impacts."

Thursday, October 25, 2018

Digital Realty reports continued growth data center leasing

Digital Realty reported revenues of $769 million for Q3 2018, a 2% increase from the previous quarter and a 26% increase from the same quarter last year. Net income was $90 million, and net income available to common stockholders of $67 million, or $0.33 per diluted share, compared to $0.32 per diluted share in the previous quarter and ($0.02) per diluted share in the same quarter last year.

“We continue to execute our core business strategy focused on high-value customer deployments, which favor direct interconnection to networks and cloud on-ramps. We are expanding our customer ecosystem and benefiting from strong organic growth,” said Paul Szurek, CoreSite’s Chief Executive Officer. “Our core retail colocation business continued its consistent leasing performance at good pricing, acquiring valuable new logos and expanding with key strategic customers and we made good progress on construction and development activities which will strengthen our scale leasing to edge deployments over the next eighteen months.”

"In the third quarter, we signed total bookings expected to generate $69 million of annualized GAAP rental revenue, including an $8 million contribution from interconnection," said Chief Executive Officer A. William Stein.  "This represents the second-highest bookings in the company's history, close on the heels of our record in the prior quarter.  We also announced our entry into the rapidly growing Brazilian market, and we took proactive steps to secure our supply chain and further strengthen our balance sheet.  We look forward to building on this momentum in the months ahead, setting the stage for sustainable growth into 2019 and beyond."

Key metrics:

  • Digital Realty has 198 data centers worldwide
  • Digital Realty closed on the sale of 360 Spear Street, a 155,000 square foot data center in San Francisco, for $92 million.  The facility was 39% leased and was expected to generate cash net operating income of approximately $2 million in 2018, representing a nominal exit cap rate of 1.9%.  The sale generated net proceeds of $91 million, and Digital Realty recognized a gain on the sale of approximately $27 million in the third quarter of 2018.
  • Digital Realty acquired three separate sites in Manassas, Virginia, Sterling, Virginia and Sydney, Australia, totaling 51.5 acres for a combined investment of $40 million, or approximately $773,000 per acre.  The three sites are expected to support the development of approximately 138 megawatts of critical power.  Digital Realty also entered into an agreement to acquire 424 acres of undeveloped land in Loudoun County, Virginia for a purchase price of $236.5 million, or approximately $558,000 per acre.  
  • Digital Realty entered into a definitive agreement to acquire Ascenty, the leading data center provider in Brazil, from private equity firm Great Hill Partners in a transaction valued at approximately $1.8 billion. 
  • Digital Realty had approximately $9.2 billion of total debt outstanding as of September 30, 2018, comprised of $9.1 billion of unsecured debt and approximately $0.1 billion of secured debt. 



Monday, September 24, 2018

Digital Realty announces major expansion, acquisition in Brazil

Digital Realty will acquire 424 acres of undeveloped land in Loudoun County, Virginia for a total purchase price of $236.5 million, or approximately $558,000 per acre.  The site is adjacent to Washington Dulles International Airport and located near bulk transmission lines as well as a major fiber path.
 The site is also located less than four miles from Digital Realty's existing data center campuses in Ashburn, Virginia. 

"We are pleased to expand our footprint and strengthen our position in Northern Virginia, the largest and most important data center market in the world," said Digital Realty Chief Executive Officer A. William Stein.  "Customers are looking for long-term commitment, along with the flexibility to support their deployments and connection nodes, as well as the ability to land and expand within the same location – all of which align perfectly with our Connected Campus™ strategy."

Separately, Digital Realty agreed to acquire Ascenty, a leading data center provider in Brazil, from private equity firm Great Hill Partners in a transaction valued at approximately $1.8 billion. 

Ascenty has eight state-of-the-art data centers strategically located in the key Brazilian metro areas of São Paulo, Campinas, Rio de Janeiro and Fortaleza. Most of the Ascenty facilities have been designed and built to Tier III standards and meet internationally recognized facility and service standards. The Ascenty portfolio is comprised of 106.2 megawatts of total planned capacity, including 39.2 megawatts of capacity currently in-service, 34.0 megawatts of capacity under construction and 33.0 megawatts of potential additional capacity. In addition, Ascenty has options or leases on five separate sites representing up to an estimated incremental 66.5 megawatts of potential future growth capacity. Ascenty also operates a proprietary, 4,500-kilometer fiber network connecting Brazil's primary technology, finance, and population hubs of São Paulo, Campinas, Rio de Janeiro and Fortaleza.

Brookfield Infrastructure, an affiliate of Brookfield Asset Management, one of the largest owners and operators of infrastructure assets globally, has committed to fund half of the required initial equity investment, currently estimated to be approximately $613 million, excluding Brookfield's share of the transaction costs, in exchange for 49% of the total equity interests in a joint venture entity expected to ultimately own Ascenty.

In addition,  Digital Realty has commenced an underwritten registered public offering of 8,500,000 shares of its common stock.

Monday, July 23, 2018

Digital Realty establishes direct connect to IBM Cloud in 15 cities

Digital Realty announced dedicated, private access to the IBM Cloud in 15 major metropolitan areas around the world.  These

Direct access to IBM Cloud is now available through the Digital Realty Service Exchange and IBM Cloud Direct Link via more than 70 Digital Realty data centers in Amsterdam, Ashburn, Atlanta, Boston, Chicago, Dallas, Frankfurt, Hong Kong, London, Los Angeles, Melbourne, Miami, Phoenix, Portland, New York, Santa Clara, Seattle, Singapore, Sydney and Toronto.

"Businesses are turning to the cloud to extract new value from their data and deliver better customer experiences faster than ever before," said Kit Linton, Vice President of Network, IBM Cloud.  "The combination of Digital Realty's extensive global reach and highly resilient connectivity from IBM Cloud Direct Link can help businesses build the protected, hybrid cloud environment they need to innovate at scale."

"Providing enterprise connectivity to the extensive range of services available through IBM Cloud via Direct Link ensures customers not only have access to the compute and storage resources they need, but they are also able to leverage more advanced cloud applications like analytics, blockchain technology and the Internet of Things," said Digital Realty Chief Technology Officer Chris Sharp.  "We look forward to continuing to work closely with IBM to enable our mutual customers to access the cloud services they need to accelerate their own business growth, no matter where they may be located."

Thursday, June 14, 2018

Digital Realty opens 46 Megawatt Data Center in Toronto

Digital Realty had opened its third data center in Toronto at the site of the former Toronto Star printing plant.

The facility will provide up to 46 megawatts of critical power capacity. It spans over 66,000 square meters (711,000 square feet).

Some highlights
  • The new facility is engineered to deliver a Power Usage Effectiveness (PUE) of 1.25 annualized at full capacity and will be one of Canada's most efficient and reliable data centers.
  • With 23 computer rooms ranging from 800 to 1,200 square meters (approximately 8,600 to 13,000 square feet), it can accommodate power capacities from one to three megawatts per room.
  • Resiliencies range from n to 2n with a power density range of 1,000 to more than 4,000 watts per square meter (approximately 100 to 300 watts per square foot).
  • The facility is adjacent to a utility sub-station, providing direct access to low-cost power.
  • Proximity to downtown Toronto, major highways, and an international airport makes for easy accessibility.
"Toronto is home to a booming financial services industry and a burgeoning roster of large technology companies and emerging tech startups for whom digital transformation is driving enterprise initiatives," said Digital Realty Chief Executive Officer A. William Stein. "We are very excited to be converting the iconic Toronto Star building into a revolutionary new data center, ideal for cloud providers, financial services companies and enterprises of all sizes. The grand opening is another important milestone in achieving our strategic goal of building an unparalleled global network of top-tier data centers in major cities and interconnection hubs around the world."