Digital Realty (DLR) to acquire Interxion in all-stock transaction.

Digital Realty Trust, Inc. (DLR) announced today that it will acquire Amsterdam-based Interxion, a leading owner of data center facilities in Europe.  The transaction values Interxion at approximately $8.4 billion, and is structured as a stock merger with assumption of debt.  The transaction will close in 2020 subject to shareholder approval for both companies.

The Interxion portfolio includes 53 data center facilities in 11 European countries and 13 metro areas including Frankfurt, Amsterdam, Paris and Marseille, and will complement DLR's existing data center properties in London and Dublin.  The combined portfolio will have access to approximately 70% of the GDP in Europe and "enable customers to solve for the full spectrum of data center requirements across a global platform," said Digital Realty CEO A. William Stein.

Digital Realty is a global technology REIT that owns, develops and operates data center properties in 36 markets throughout North America, Europe, Asia and Australia.