CPP Investments and Equinix Complete atNorth Acquisition to Support Growth of Leading Nordic Data Center Platform
Summary
CPP Investments and Equinix completed their acquisition of Nordic data center operator atNorth in a deal valued at about US$4 billion. atNorth will keep operating under its existing brand while its new owners fund expansion across the Nordics. The company plans to grow its high-density colocation and built-to-suit footprint to meet rising demand from enterprise and hyperscale customers running AI, cloud, and high-performance computing workloads. The transaction also includes a financing package to support the acquisition and future development pipeline.
AskAI Classifications
Sectors
No sectors detected
Functions
Developer and IT Infrastructure
Infrastructure Management
Development Platforms
