Google Fiber rebrands to GFiber, ahead of Astound merger
Google has decided to adopt the nickname ahead of Astound fiber merger
Google has decided to adopt the nickname ahead of Astound fiber merger
Brandt will oversee Astound's merger with Google Fiber
Google's parent company, Alphabet, to remain a minority shareholder
The company is on course to reach 340,000 locations by the end of the year
Company targeting 100MW developments in Tier I and II markets
Acquisition adds to Stonepeak Credit’s digital infrastructure investing ability
Investment firm to hold 85 percent of $250 million project
Takes investment firm's stake to more than $3bn and more than 35 percent of the data center unit
Data center CRO appointed CEO
The deal is expected to conclude in the first half of 2023
Investment firm’s Fund II selling Cologix to other ‘Stonepeak-managed vehicles’