Digital Realty Completes the Acquisition of Telx

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Go back to Digital Realty Completes the Acquisition of Telx

Digital Realty Trust (DLR) Completes $1.89B Acquisition of Telx

October 12, 2015 9:09 AM EDT

Digital Realty Trust (NYSE: DLR) announced that it has completed the previously announced acquisition of Telx, a premier provider of data center colocation, interconnection and cloud enablement solutions, from private equity firms ABRY Partners and Berkshire Partners in a transaction valued at $1.886 billion.

The acquisition approximately doubles Digital Realty's footprint in the rapidly-growing colocation business, in addition to providing a leading interconnection platform. It builds on Digital Realty's technical... More