The value of data center–oriented M&A deals that closed in the first 16 weeks of 2020 has already surpassed the 2019 total, according to new data from Synergy Research Group.
In the last four years the trend has been for the number of deals to increase sharply, while in the last two years the aggregate value dropped off due to a relative lack of mega-deals being closed. That situation has reversed in the first months of 2020, thanks in large part to the $8.4 billion acquisition of Interxion by Digital Realty, which is the largest data center transaction ever to take place.
Meanwhile, two other billion-dollar-plus deals have closed so far this year, as well as two that were valued at more than $500 million. Synergy has so far identified 28 data center–oriented M&A deals that have closed this year.
“This will be a bumper year for data center M&A activity,” said John Dinsdale, a chief analyst at Synergy Research Group. “In less than four month