The transaction is expected to complete later this year and is subject to the usual conditions. It emerged in April that Telx was for sale, and the transaction has been secretive until this week, when it was leaked in a report inadvertently published by ratings agency Fitch.

“We are excited to join Digital Realty and become part of a much larger global data center services platform,” said Chris Downie, CEO of Telx. “This transformative transaction is consistent with our strategy of sourcing strategic and complementary assets to strengthen and diversify Digital Realty’s data center portfolio,” said A. Downie Dip with team members and industry friends from Flexential, fifteenfortyseven Critical. Gigi nominated our CEO Chris Downie, Executive Tony Rossabi and. 'Brown and Caldwell is an innovative company within the industry, and they are seeing the benefits of using the Telx Cloud Xchange ecosystem,' said Chris Downie, CEO, Telx. Chris Downie 9mo Report this post Great way to kick off ptc22. Telx manages 1.3 million square feet (call it 130,000 sq m) of data center space operating, but only owns three of its 20 facilities.Įleven of Telx’s sites are leased from Digital Realty, one is partially sub-leased from Digital Realty and a third party, while six are leased from third parties. Today our Telx Marketing Coordinator Gigina Giorgi took the ALSIceBucketChallenge outside our corporate offices in Battery Park.

San Francisco based Digital Realty builds, buys and rents out space wholesale to be used as centers, but has been increasing its retail colocation business, and the acquisition of Telx will double Digital Realty’s footprint in the colocation, as well as giving it a strong network provision: ”Telx’s extensive interconnection ecosystem enables the exchange of information between communications service providers, enterprises, content providers and other entities with low latency and diverse connectivity across a global network,” says DR’s release. Prior to Flexential, Chris was the Chief Executive Officer of Telx.

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