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Friday, January 15, 2021

Another Texas Company Returns To Its Roots -- January 15, 2021

Another one to add to the list

From a press release:

Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today (January 14, 2021) it will relocate its corporate headquarters from San Francisco, California to Austin, Texas, strengthening its existing presence in Texas and strategically positioning the company to better serve its increasingly global customer base.  

Digital Realty will maintain a significant presence in the San Francisco Bay Area as one of the world's leading technology hubs, while the relocation of the corporate headquarters to Austin reflect the company's established track record of success and growth in Texas, along with its extensive investment in the state in terms of capital as well as talent. 

Digital Realty has deep roots in the state of Texas, dating back to early 2002 when its predecessor acquired 2323 Bryan Street, a major regional connectivity hub in downtown Dallas.

For the better part of two decades, Digital Realty has been at the forefront of data center innovation, enabling global service providers, multinational enterprises and small businesses alike to achieve various iterations of digital transformation. 

Today, Digital Realty owns more than 30 data centers across the state of Texas, encompassing more than four million square feet and over 100 megawatts of customer capacity.  In addition, nearly 20% of the company's North American employee base is located in Texas

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