Value Of Data Center M&A Deals Leapt To $20 Billion In 2017
On average through 2017, there was almost one significant M&A deal closed every week.
New data from Synergy Research Group shows that the total value of significant data center-oriented M&A deals that closed in 2017 reached $20 billion, far surpassing the total for 2015 and 2016 combined. Entering 2018, there are also four additional major deals that have been agreed but not yet closed, with a total value of over $2.6 billion. On average through 2017, there was almost one significant M&A deal closed every week.
The largest transaction in the year was Digital Realty’s $7.6 billion acquisition of DuPont Fabros, but there were four other deals that were valued at a billion dollars or more, involving acquisitions by Equinix, Cyxtera, Peak 10, and Digital Bridge. There were another twelve deals that were valued in the $100 million to $1 billion range, and 31 smaller deals that were each valued at up to $100 million. By comparison with the 48 deals closed in 2017, 2015 and 2016 combined saw just 45 deals, of which only three were in the billion dollar plus range. The largest deal in those two years was the Equinix acquisition of European retail colocation provider TelecityGroup for $3.8 billion.