Acquiring Company
EWR2 Data Center
Acquired Company
Building
Description
DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, announced today that it had purchased the existing facility located at 6961 S. Quentin Street in Centennial CO. The facility will become the future home of DEN5 – DataBank's 5th Denver data center – and augment capacity to meet the accelerating demand for mission critical IT infrastructure in the Denver market.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed