Digital Realty Trust buys data center operator for $7.6b
Digital Realty Trust has plans to buy data center operator DuPont Fabros Technology for an enterprise value of approximately $7.6 billion.
The transaction is expected to close in the second half of 2017.
DuPont Fabros’ portfolio is concentrated in top U.S. data center metro areas across Northern Virginia, Chicago and Silicon Valley. The transaction will help grow Digital Realty’s presence in strategic, high-demand metro areas with strong growth prospects, while achieving significant diversification benefits for DuPont Fabros’ shareholders from the combination with Digital Realty’s existing footprint of 145 properties across 33 global metropolitan areas.