Announced
Completed
Financials
Tags
Friendly
Single Bidder
Acquisition
retail colocation and interconnection
IT Services: Other
United States
Domestic
Private
Majority
Completed
Synopsis
Brookfield Infrastructure Partners, a company that engages in the acquisition and management of infrastructure assets, completed the acquisition of Cyxtera, a leader in data center colocation, interconnection services, and digital infrastructure, for $775m. "Combining Evoque and Cyxtera is a strategic step that aligns seamlessly with our vision for data infrastructure investments. This move not only swiftly amplifies the joint organization’s market presence, but also diversifies its product portfolio and broadens its customer reach worldwide, with unrivaled connectivity, security, and scalability,” Udhay Mathialagan, Brookfield Infrastructure CEO, Global Data Centers. On November 16, 2023, Cyxtera receives court approval for sale to Brookfield.
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