CPP, Equinix to buy Nordic data center operator atNorth in $4 billion deal

Core Insights - Canada Pension Plan Investment Board and Equinix have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal valued at approximately $4 billion [1] Company Summary - The acquisition involves Canada Pension Plan Investment Board and Equinix, indicating a strategic move into the Nordic data center market [1] - atNorth is a Nordic data center operator, which suggests a focus on expanding data center capabilities in a region known for its favorable conditions for data operations [1] Industry Summary - The deal is valued at about $4 billion, highlighting the significant investment interest in the data center sector, particularly in the Nordic region [1] - The acquisition reflects ongoing trends in the data center industry, where large investments are being made to enhance infrastructure and capacity to meet growing demand [1]