PCCW sells data center business to DigitalBridge for $750m
Companies confirm sale first rumored last month
Companies confirm sale first rumored last month
Company pivots to focus on digital assets and infrastructure
Digital Colony spending big after raising $4.1 billion
Infrastructure fund is seeking to raise $6bn for data center and tower shopping spree
Dan Caruso becomes company director
Zayo will stay on as a tenant
The council also provided permission for the installation of 60 emergency generators, 29 car parking spaces, and a security building
Caledon is joining several other investors in the $1.2bn deal
The multi-billion dollar deal is the first big investment by Colony since it changed CEOs
Digital's CEO is also moving on to take the helm at its parent company, Colony Capital
European company operates 15 data centers, is building more