Author: Nichols Martin|| Date Published: August 27, 2021
Shareholders at QTS Realty Trust (NYSE: QTS) voted Thursday to approve the data center service provider’s sale to affiliates of The Blackstone Group for approximately $10 billion in cash, or $78 per share.
QTS said Thursday it expects to close the transaction by the end of August and the company’s common and preferred stocks will cease trading on public markets once the deal is completed.
Both parties first announced in June that Blackstone Infrastructure Partners, Blackstone Property Partners and Blackstone Real Estate Income Trust will acquire all outstanding shares of QTS.
The companies expect the senior management team of QTS will continue overseeing its operations and the data center infrastructure provider will maintain its corporate office in Overland Park, Kansas.
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based…
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect…
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield,…
