M&A Deal Summary

DataBank Acquires CyrusOne - Four Data Centers

On January 19, 2022, DataBank acquired information technology company CyrusOne - Four Data Centers from CyrusOne for 670M USD

Acquisition Highlights
  • This is DataBank’s 5th transaction in the Information Technology sector.
  • This is DataBank’s largest (disclosed) transaction.
  • This is DataBank’s 7th transaction in the United States.
  • This is DataBank’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-01-19
Target CyrusOne - Four Data Centers
Sector Information Technology
Buyer(s) DataBank
Sellers(s) CyrusOne
Deal Type Divestiture
Deal Value 670M USD

Target

CyrusOne - Four Data Centers

Dallas, Texas, United States
The four Houston facilities include the data center located 4201 Southwest Freeway, currently known as the CyrusOne Galleria data center, as well as three others known as West I, West II, and West III, which are all located on the Westway Park Blvd Campus 20 minutes west of Downtown Houston.

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Buyer(S) 1

Buyer

DataBank

Dallas, Texas, United States
Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

DataBank is a provider of an enterprise-class data center, cloud, and interconnection services, offering customers 100% uptime availability of data, applications, and infrastructure. DataBank’s managed data center services are anchored in world-class facilities. DataBank’s customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives.

DEAL STATS #
Overall 7 of 7
Sector (Information Technology) 5 of 5
Type (Divestiture) 4 of 4
State (Texas) 1 of 1
Country (United States) 7 of 7
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 zColo Data Centers

Boulder, Colorado, United States

zColo Data Centers is a provider of 44 data centers across 23 markets in the U.S. and Europe.

Buy -

Seller(S) 1

SELLER

CyrusOne

Dallas, Texas, United States
Category Company
Founded 2001
Sector Information Technology
Employees441
Revenue 1.0B USD (2020)
DESCRIPTION

CyrusOne is a global REIT specializing in design, construction, and operation of more than 50 high-performance data centers worldwide. The Company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1000 companies. CyrusOne was founded in 2001 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 Zenium Technology Partners

London, United Kingdom

Zenium Technology Partners Ltd. is a hyperscale data center provider in Europe with four properties in London and Frankfurt, the continent’s two largest data center market. Zenium Data Centers deliver state-of-the-art, purpose-built, secure, efficient and resilient data center solutions for businesses in established and emerging markets.

Buy $442M
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