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Home > Data Center > Digital Realty is combining businesses with Interxion

Digital Realty is combining businesses with Interxion

Data center provider Digital Realty has entered into a strategic agreement to combine businesses with Interxion, European colocation data center operator.

Erdem Yasar by Erdem Yasar
November 21, 2019
in Data Center, Web Hosting
1 min read
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Digital Realty is combining businesses with Interxion
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Digital Realty is combining with Interxion. Interxion shareholders receiving a fixed exchange ratio of 0.7067 Digital Realty shares per Interxion shares. Thus, Interxion’s total enterprise value is approximately $8.4 billion. This agreement also will strengthen the position of the combined company within the colocation data center market by building on the foundation. The transaction has been approved by the Boards of Directors of both Digital Realty and Interxion and it is expected to close in 2020.

11 European countries

Interxion’s European business currently has 53 carrier and cloud-neutral facilities across 11 European countries, and 13 key metro areas. Additionally, Digital Realty’s existing relationships, the combined company will be able to leverage strategic benefits from both sides. Digital Realty operates an ecosystem of 210+ data centers in 35 metros across 14 countries.

David Ruberg, CEO of Interxion, said:

“We are excited to deliver this compelling opportunity for all our stakeholders while bolstering our ability to offer a truly global platform to serve our customers’ needs. We look forward to working closely with Bill Stein and the entire Digital Realty team to consummate the transaction and combine the best of our companies to build the world’s preeminent data center provider.”

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Tags: Digital 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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