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IO closes $505M in financing for new Phoenix data center


IO, a leading global provider of Data Center Services, today announced it has raised $445 million in debt capital from Deutsche Bank and $60 million in additional growth capital from an affiliate of Macquarie Capital. The proceeds from the Deutsche Bank loan allowed IO to refinance its existing U.S. indebtedness. In addition, IO has exercised… Read More →

IO acquires 9 acres adjacent to Sky Harbor Airport

by in AZRE Magazine | Brokerage

Cushman & Wakefield, a global leader in commercial real estate services, announced today that IO has acquired 9.08 acres at the northeast corner of 48th and VanBuren streets near Sky Harbor International Airport for $8.55 million. The company plans to build the country’s largest renewable-powered data center with an estimated investment of more than $500… Read More →

IO expands corporate office to SkySong

IO, a leading data center services company, is unveiling its new corporate office space at SkySong, The ASU Scottsdale Innovation Center. IO will move into nearly 15,000-square-feet of space with an open, collaborative environment for about 80 Arizona-based corporate employees. IO, the second-largest private data center company in the world, operates six state-of-the-art data centers in Arizona, Ohio, New Jersey, Singapore and London. IO utilizes… Read More →

IO Attracts Top Tech Talent
by in Business News | Tech

IO, the leading provider of next-generation modular data center technology and services, today announced Alan McIntosh, former chief information officer at Groupon has been appointed senior vice president of global technology delivery and Apple marketing veteran Anne Wolf has been appointed senior vice president of global marketing and communications. Additionally, Bob Butler has been promoted… Read More →