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Home > Cloud Computing > Digital Realty announces InterXion acquisition

Digital Realty announces InterXion acquisition

Digital Realty announced that it has completed the previously announced combination with InterXion.

Erdem Yasar by Erdem Yasar
March 16, 2020
in Cloud Computing
1 min read
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Digital Realty announces InterXion acquisition
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Global provider of cloud- and carrier-neutral data center Digital Realty completed the acquisition of InterXion. In the transaction, 70,862,736 shares of InterXion, representing approximately 92.3% of total shares outstanding, were tendered. Since less than 95% of Interxion’s total shares outstanding were acquired in the exchange offer, non-tendering holders of InterXion shares will receive shares of Digital Realty common stock pursuant to a liquidation distribution, which is generally subject to a 15% Dutch dividend withholding tax.

Full-spectrum of data center requirements

Digital Realty Chief Executive Officer A. William Stein
Digital Realty Chief Executive Officer A. William Stein

Digital Realty Chief Executive Officer A. William Stein said,

“We are pleased to have closed our combination with InterXion. This powerful combination builds upon Digital Realty’s established foundation of serving market demand for colocation, scale and hyper-scale requirements in the Americas, EMEA and Asia Pacific and leverages InterXion’s European colocation and interconnection expertise, enhancing the combined company’s capabilities to enable customers to solve for the full spectrum of data center requirements across a global platform. The combination of our two organizations establishes a global platform that we believe will significantly enhance our ability to create long-term value for customers, shareholders, and employees of both companies.”

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Tags: A. William SteinDigital Realty TrustInterxion
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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