From loading websites to storing files on the web, the world revolves around data management and security, and Dallas-based DataBank is of the latest data firms in the business. On Wednesday, the company announced it will acquire four Houston-based data centers from CyrusOne for $670 million.
DataBank was founded in 2005 and offers interconnectivity services aimed at achieving 100 percent uptime and increasing customers’ web performance. The company has data centers located in most major cities in the U.S. and several centers in the U.K. and France.
With the addition of the four Houston centers, DataBank will gain approximately 300,000 square feet of data center space and 42.5 MW of IT load to power the centers’ existing customers in the energy, media, financial, software and healthcare sectors, according to the company.
“We are excited to add the Houston market to the DataBank portfolio,” Raul Martynek, DataBank’s CEO, said in a statement. “With our deep roots in Texas, it was a logical metro for us to expand into and allows us to bring our digital infrastructure and interconnection solutions to the fourth largest metro in the U.S. With the addition of Houston, DataBank now covers 27 metro markets — a larger geographic footprint in the U.S. than any other data center operator.”
The acquisition is slated to close later this quarter, pending regulatory approval. Should the deal go through, DataBank’s portfolio will include more than 65 data facilities.
The acquisition of the new data facilitates comes a week after DataBank announced it appointed Amazon’s Joe Minarik as the company’s chief operating officer. Minarik joined Amazon in 2005 and developed the company’s network infrastructure before the public launch of Amazon Web Services.
