MGX and BlackRock finalize Align Data acquisition

MGX Companies and the AI Infrastructure Partnership, in collaboration with BlackRock's Global Infrastructure Partners, announced the completion of a takeover deal for Allied Data Centers valued at approximately $40 billion, making it one of the largest private investments in the global digital infrastructure sector. Allied Data Centers operates 51 data center campuses and utilizes innovative cooling technologies that reduce water consumption and enhance energy efficiency. The company will continue its operations from its headquarters in Dallas, led by CEO Andrew Shap, with significant investments in developing sustainable digital infrastructure to support high-density computing and strengthen technological leadership in the United States, backed by long-term financing and investments from the consortium.

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