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Home > Data Center > Vantage SDC is acquiring CA22

Vantage SDC is acquiring CA22

DigitalBridge group announced that Vantage SDC is expanding with the acquisition of a 24 MW data center that serves the Santa Clara market.

Erdem Yasar by Erdem Yasar
October 4, 2021
in Data Center
1 min read
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Vantage SDC is expanding with the acquisition of CA22
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Vantage Stabilized Data Centers is expanding its footprint in Santa Clara, California, with the acquisition of a 24 MW CA22 facility. DigitalBridge Group stated that the transaction is valued at $539 million and it will be funded through Vantage SDC debt facilities and cash on hand.

First hyper-scale acquisition

Marc Ganzi, President and CEO of DigitalBridge
Marc Ganzi, President and CEO of DigitalBridge

The acquisition of the CA22 facility is the Vantage SDC’s first hyper-scale data center acquisition since its establishment. The company was formed with a $3.5 billion strategic partnership between Vantage Data Centers and a DigitalBridge-led investor group in July 2020. After the acquisition, Vantage Data Centers will manage and operate the facility as part of its global footprint.

The facility is located in Vantage Data Center’s CA2 campus, which is adjacent to the company’s CA21 facility. With the acquisition, Vantage SDC’s footprint is extended to 13 stabilized hyper-scale facilities in North America. Vantage SDC’s capacity is increased by 14% to 177MW. Marc Ganzi, President and CEO of DigitalBridge said,

“DigitalBridge’s commitment to supporting the growth of its portfolio companies while serving the growing need for hyper-scale data centers remains strong. This transaction not only advances Vantage SDC’s strategic plan to grow its portfolio of stabilized data centers, but also increases DigitalBridge’s exposure to world-class digital infrastructure assets that deliver consistent returns for investors.”

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Tags: DigitalBridge GroupVantage Data CentersVantage SDC
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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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