Cologix completed the acquisition of data center business of CIM.

Cologix, a network and cloud-neutral interconnection and data center provider, completed the acquisition of data center business of CIM, a community-focused real estate and infrastructure company. Financial terms were not disclosed. “With full ownership of TOR4 and the addition of TOR5, we are deepening our investment in Canada and delivering more control, scale, and performance for hyperscalers, enterprises, and service providers, advancing Toronto’s role as a hub for AI inference ecosystems,” Laura Ortman, Cologix CEO.