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Blackstone has entered into a definitive agreement with QTS Realty Trust to acquire the latter in an all-cash transaction valued at approximately $10 billion, including the assumption of debt.  QTS said Monday Blackstone will purchase all outstanding shares of common stock of the data center solutions provider for $78.00 per share. “We see a significant market […] More
QTS Realty Trust has chosen Cohesity to power cloud-based managed backup services intended to help clients simplify data security processes. The QTS Managed Backup offering uses hyperconverged technology to protect and recover files and applications through a single web-scale platform, the company said Wednesday. QTS engineers will monitor and track security issues for customers of the backup platform designed […] More
QTS Realty Trust has finished the first-phase construction of a new facility in Ashburn, Va., in 10 months to meet the increasing demand for hyperscale data center and hybrid colocation products and services. The data center services provider stood up a three-story center that has 32 megawatts of critical power capacity that will be used […] More
QTS Realty Trust and Relus Cloud have partnered to provide Amazon Web Services migration support to customers that aim to implement a hybrid colocation strategy for information technology operations. The partnership seeks to help clients migrate to the cloud through a managed service meant to simplify the process for managing workloads in the AWS environment, […] More
Data center services provider QTS has received certifications from a public accounting and auditing firm after completion of two annual Service Organization Control audits. QTS said Thursday it completed American Institute of Certified Public Accountants SOC 1 and 2 Type II reports highlighting the company’s internal controls and procedures. The reports follow AICPA’s Statement on Standards for Attestation Engagements and cover QTS […] More
QTS Realty Trust has begun to build a 52-acre data center campus in Ashburn, Virginia, in a push to grow the company’s Tier 1 data center offerings. QTS said Tuesday it bought a 24-acre land parcel and a 28-acre lot for $53 million in total to establish the mega facility. The company expects the new site to support […] More
QTS Realty Trust has deployed a cloud-based platform designed to help states process and deliver unemployment insurance benefits and comply with the Labor Department's requirement to develop practices that seek to reduce costs in the workforce system. The unemployment insurance and single state tax system complies with the Federal Risk and Authorization Management Program and is […] More
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