Nordic data center firm atNorth is being acquired by Equinix and the Canada Pension Plan Investment Board (CPP) in a $4.2 billion deal. CPP will own 60% of atNorth, investing $1.6 billion, while Equinix will hold the remaining 40%. The acquisition is expected to expand atNorth’s operations in the Nordics, capitalizing on its 1GW power bank for new data centers.
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atNorth sold to Equinix and CPP Investments in $4.2bn deal
Nordic data center firm atNorth is being acquired by Equinix and the Canada Pension Plan Investment Board (CPP) in a $4.2 billion deal. CPP will own 60% of atNorth, investing $1.6 billion, while Equinix will hold the remaining 40%. The acquisition is expected to expand atNorth’s operations in the Nordics, capitalizing on its 1GW power bank for new data centers.