Announced
Financials
Sources
Tags
Public
data center service
Pending
Minority
Friendly
China
Acquisition
internet provider
Private Equity
Single Bidder
Data Centers and Hosting
Cross Border
Synopsis
Blackstone agreed to invest $150m in 21Vianet, a carrier- and cloud-neutral internet data center services provider. The transaction is subject to the satisfaction of customary closing conditions. “We are delighted to welcome Blackstone, one of the world’s leading investment firms, to partner with us to fuel our next phase of growth. This investment is a valuable vote of confidence in the strategy being pursued by our team. Blackstone’s experience, connections and knowledge of the data center sector globally will help us embrace new infrastructure and digital transformation opportunities to better serve our customers,” Josh Chen, 21Vianet Founder and Executive Chairman.
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