American Tower completed the acquisition of CoreSite for $10.1bn.

American Tower, a real estate investment trust, completed the acquisition of CoreSite, a real estate investment trust that invests in carrier-neutral data centers, for $10.1bn. By combining the capabilities, talent and resources of American Tower and CoreSite, the combined company will be even better equipped to deliver superior service and expanded solutions to customers. “We are excited to partner with American Tower to expand its communications infrastructure ecosystem and accelerate its edge computing strategy through the addition of CoreSite’s differentiated portfolio of US metro data center campuses. The combined company will be ideally positioned to address the growing need for convergence between mobile network providers, cloud service providers, and other digital platforms as 5G deployments emerge and evolve," Paul Szurek, CoreSite CEO.