Iron Mountain To Acquire Denver Data Center Business For Approximately $130 Million
Transaction expands footprint into western U.S. data center market and supports company’s strategic plan.
Iron Mountain Incorporated agreed to purchase MAG DATACENTERS, LLC, which operates FORTRUST, a private data center businesses for total consideration of approximately $128 million. The transaction would deliver more than 9 megawatts (MW) of existing data center capacity and provide expansion capability for an additional 7 MW.