Data Centers

Plano-Based Aligned Data Centers Raises Over $12B in Equity and Debt Capital

by | Jan 15, 2025
The company said the raise encompassed new primary equity from funds managed by Macquarie Asset Management, alongside multiple large global investors with significant experience in digital infrastructure.
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Dallas’ Applied Digital Hires Honeywell Executive as New COO
by | Jan 8, 2025
Applied Digital, which raised $160 million in September from investors including chip giant Nvidia, said Laltrello's addition is intended to enhance its position as a leader in cutting-edge data centers and digital cloud solutions at the forefront of the AI revolution.
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JLL Adds EVP of Data Center Solutions Group in Dallas
by | Dec 13, 2024
John Pasta will use his 13 years of expertise in this specialized sector in his new role of delivering customized solutions for Chicago-based JLL’s clients alongside the firm’s team of experienced leaders, the company said.
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The Last Word: DFW’s ‘Fastest-Growing Company’ CEO on Being David in a Goliath Industry
by | Nov 18, 2024
McKinney-based Maverick Power tops both Dallas Business Journal's Fast 50 and SMU's Dallas 100 private company rankings with record-breaking recent growth.
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With Offices in U.S., Canada, and Japan, Gray Construction Expands to Dallas

by | Nov 14, 2024
Gray said its investment in a global economic and cultural hub such as Dallas marks a strategic milestone for the company and reinforces its position as a global services provider.
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Dallas-Based DataBank Announces $2B Equity Raise Led by $1.5B from AustralianSuper
by | Oct 15, 2024
DataBank—which recently announced a planned 480MW data center campus south of Dallas—said the capital raise was oversubscribed and, in addition to the $1.5 billion from AustralianSuper, included another $483 million in commitments from "existing investors."
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Dallas’ CyrusOne Expands Senior Leadership Team with New Chief People Officer
by | Aug 23, 2024
The global data center developer and operator said Leslie Jones brings a wealth of experience from her previous role as chief human resources officer at Coalfire, a global cybersecurity company.
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Applied Digital Appoints Former IBM Data & AI Exec as Its Chief Revenue Officer

by | Jul 26, 2024
Tom Burke brings more than a decade of experience in leading global sales and AI partnership strategies, including a former role as VP and head of global sales for IBM Data & AI.
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Dallas’ Ehvert Mission Critical Merges with California Company To Meet Hyperscale Data Center Demand
by | Jul 16, 2024
The merger creates a combined presence of over 3,600 team members in more than 90 offices around the world. Ehvert said the combination leverages its advanced engineering services, underpinned by "industry-leading virtual design and construction expertise," specifically around hyperscale data centers.
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Applied Digital Names New SVP of Operations Amid Growth Reports
by | Jul 12, 2024
Chris D. Jackson, who previously served as SVP of Operations at Stream Data Centers, joins Applied Digital as the new SVP of Operations. His appointment comes as the company reports significant financial gains and strategic initiatives, including a $125 million share sale agreement and a $200 million private debt facility to accelerate its HPC Data Center Project in Ellendale, North Dakota.
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KDC and University of Dallas Secure Rezoning Approval for Data Center Campus at ‘Mobility Crossroads’ in Irving
by | Jul 12, 2024
The Irving City Council has approved a rezoning application, putting KDC and the University of Dallas a step closer to developing a state-of-the-art data center campus near the university's main campus. The project is in the design phase, with completion anticipated for early 2027.
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Dallas-Based CBRE Buys California Data Center Infrastructure Co. To Expand Hyperscale Services

by | Jun 19, 2024
“This acquisition fits squarely with our strategy of enhancing our capabilities in asset classes that benefit from secular tailwinds — in this case, the increasing digitization of the global economy,” CBRE Chief Operating Officer Vikram Kohli said.
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DataNovaX Announces $1 Billion Wichita Falls Data Center Amid North Texas Boom
Phase I is set to go live in December, followed by a transformative 550,000-square-foot Phase II expansion. The project offers an "excellent alternative" to the tight Dallas-Fort Worth data center market, according to the company's Wylie-based CEO.
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Virginia-Based PowerHouse To Build 1M‑SF Data Center Campus in Irving
by | May 15, 2024
To be located at Located at 111 Customer Way in Las Colinas, PowerHouse Irving is the third multi-phased data center development to be announced this year by the company, following PowerHouse Reno in Nevada and PowerHouse 95 in Spotsylvania County, Virginia.
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Divcon Controls Names Ex-CyrusOne Exec as New CEO
by | May 3, 2024
Data Center industry veteran Kevin Timmons takes the helm at Dallas-based Divcon Controls, a global systems integrator delivering facility management automation and monitoring solutions to the world’s biggest mission-critical data center operators.
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