Datacenters Are Hotter Than Ever, And We're Not Talking About Rack Temperatures
The Register, Tuesday, January 28th, 2025
Updated figures from Synergy Research Group show the datacenter market was even hotter last year than thought, with mergers and acquisitions (M&A) topping $73 billion in value and showing no sign of slowing down.
The research biz previously disclosed stats that pointed to a record $57 billion worth of deals being closed in 2024, driven by high demand for cloud services and AI.
However, a "huge deal" that was expected to close this year was actually signed and sealed before the end of December, forcing a revision of the data. That transaction was a Blackstone-led purchase of AirTrunk, an Australian hyperscale data centre specialist building bit barns across the Asia-Pacific and Japan. The takeover is said to be worth almost $16 billion.