Equinix and CPP Investments Acquire atNorth for $4 Billion

Equinix and CPP Investments have agreed to acquire Nordic data center operator atNorth for $4 billion, according to a formal announcement from Equinix. The deal expands Equinix's footprint in the Nordic region, where cooler climates and renewable energy access have made facilities attractive for hyperscale workloads. CPP Investments joins as a co-investor in the acquisition. The transaction signals continued consolidation among large colocation and hyperscale operators pursuing capacity in energy-favorable markets.