Indianapolis
DataBank Closes Sale of Telecom Assets to Everstream
DataBank announces the closing of the sale of its LightBound fiber/telecom assets to Everstream, a business-only fiber network provider. The divestment follows DataBank’s October acquisition of LightBound, a colocation, Internet, voice, network and cloud services provider, which expanded DataBank’s portfolio of edge data centers with the addition of two enterprise-class facilities in the downtown Indy Telcom Center, the most densely interconnected location in the Indianapolis metro area.
Digital Bridge
Wall Street Journal: DataBank Announces $185 Million Equity Investment from Colony Capital
DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existing investors Edgewater Funds and Allstate.