The move is designed to create an open, connected global platform for powering business growth.
Digital Realty Trust, Inc. has 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 real estate expertise and expansive global reach, while satisfying customer demands for new products and services.