DuPont Fabros Technology Data Center Business Sold

The data center business of DuPont Fabros Technology was sold to Digital Realty Trust in 2017. This was a significant move that marked the end of an era for the company.

The sale was completed on May 22, 2017, for approximately $1.8 billion. This deal allowed Digital Realty Trust to expand its presence in the data center market.

DuPont Fabros Technology had been in operation since 2000, building and operating data centers across the United States. The company had a strong reputation for providing high-quality data center services to its clients.

The sale of the data center business was a strategic move that allowed Digital Realty Trust to gain access to DuPont Fabros Technology's existing data centers and customer base.

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Digital Realty Trust Inc. has entered into an agreement to acquire DuPont Fabros Technology Inc. in an all-stock merger with an enterprise value of $7.6 billion.

The deal's enterprise value includes $1.6 billion of assumed debt that is expected to be refinanced with a combination of investment-grade corporate bonds, among other securities.

The merger is expected to close during the third or fourth quarter, generating as much as $18 million in overhead savings per year.

Digital Realty's shareholders will receive 0.545 shares of Digital Realty stock for each share of DuPont Fabros stock.

The combined entity will have a portfolio of 157 markets in 12 countries, with a combined 26.5 million square feet of data centers.

DuPont Fabros operates 12 data centers totaling approximately 3.5 million square feet across the United States and Canada.

The transaction creates an entity with a combined portfolio that includes six data centers under construction in markets in which Digital Realty operates, representing a capital investment of about $750 million.

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DuPont Fabros Technology has been acquired by AECOM, a global infrastructure firm, in 2017. The acquisition marked a significant shift in the company's ownership and operations.

The company's data centers and properties were valued at around $4.9 billion at the time of the acquisition. This deal was a major milestone for both companies involved.

DuPont Fabros Technology has been a leading provider of data center services for over two decades. The company's expertise in designing and building data centers has been instrumental in supporting the growth of the digital economy.

The acquisition by AECOM has enabled the company to expand its services and offerings to clients across the globe. This move has also helped to strengthen AECOM's presence in the data center market.