Cogent agrees sale of 10 data centres to I Squared Capital-backed entity
Cogent Communications has announced that its indirect wholly owned subsidiary, Cogent Fiber, has entered into a definitive agreement to sell 10 data centre facilities to a newly formed entity sponsored by I Squared Capital for USD 225 million in cash. The facilities included in the transaction are located in Phoenix, Arizona; Anaheim, Burbank and Stockton, California; Atlanta, Georgia; Chicago, Illinois; Elkridge, Maryland; Kansas City, Missouri; Nashville, Tennessee; and Houston, Texas.