Nebius, a technology company, has acquired CoreSite, an American Tower company (NYSE: AMT), for an undisclosed amount. This corporate acquisition sees Nebius taking full ownership of CoreSite, a provider of hybrid IT solutions and highly interconnected data center campuses.
CoreSite has established itself over two decades by empowering enterprises, cloud, network, and IT service providers to monetize and future-proof their digital business. Its offerings include a native digital supply chain featuring direct cloud onramps, enabling customers to build customized hybrid IT infrastructure and accelerate digital transformation. CoreSite’s team of technical experts has partnered with customers to optimize operations, elevate customer experience, dynamically scale, and leverage data to gain competitive edge.
This acquisition is strategically significant for Nebius, as it gains CoreSite’s extensive data center footprint, established customer base, and specialized expertise in hybrid IT infrastructure. The integration of CoreSite’s physical and digital assets is expected to enhance Nebius’s capabilities in delivering comprehensive technology solutions, particularly in areas requiring robust, interconnected data environments. Synergies are anticipated through the combination of CoreSite’s operational excellence and infrastructure with Nebius’s strategic objectives, aiming to offer more integrated and scalable services to a broader market.
The combined entity is poised to strengthen its position in the evolving digital infrastructure landscape. By leveraging CoreSite’s proven track record in data center operations and hybrid IT, Nebius aims to drive further innovation and provide enhanced value to customers seeking advanced digital transformation solutions.