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DataBank strikes $670m data center deal with CyrusOne
Transactions - MARCH 7, 2022

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DataBank strikes $670m data center deal with CyrusOne

by Kali Persall

DataBank has acquired four data centers in the Houston area from CyrusOne for $670 million.

The four facilities collectively add more than 300,000 square feet of raised-floor, data-center capacity, and 42.5 megawatts of power to DataBank’s portfolio. This brings the company’s total portfolio to more than 65 facilities and 2 million square feet of raised-floor, data-center capacity.

“DataBank has deep roots in Texas, and we are excited to strengthen our partnership in the state even further with this expansion into the Houston market,” said Raul K. Martynek, CEO of DataBank. “We look forward to bringing our digital infrastructure to the fourth largest metro in the U.S. This acquisition underscores our commitment to this market and our belief in its continued prosperity.”

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