Quality Technology Services

QTS Realty Trust, Inc. (popularly known as Quality Technology Services, QTS or QTS Data Centers) is a provider of data centers within North America and Europe.

QTS Realty Trust, Inc.
Quality Technology Services
Public company
Traded asNYSE: QTS (Class A)
Russell 2000 Index component
IndustryReal estate investment trust
Founded2003 (2003)
FounderChad L. Williams
HeadquartersOverland Park, Kansas, United States
Key people
 Chad L. Williams, Chairman & CEO
Jeff Berson, CFO
ProductsData Centers
Revenue $480 million (2019)
$31 million (2019)
Total assets $3.223 billion (2019)
Total equity $1.444 billion (2019)
Number of employees
612 (2019)
Websitewww.qtsdatacenters.com
Footnotes / references
[1]

History

In 2003, Chad Williams founded the company with the purchase of a data center in Kansas.[2]

In October 2005, the company acquired Deltacom's e^deltacom business unit and its data center in Suwanee, Georgia for $26 million.[3]

In October 2006, the company acquired a 960,000 square foot data center in Atlanta as well as Globix Hosting LLC for a total of $161 million.[4][5] The company also acquired NTT USA LLC, which owned a 130,000 square foot facility in the New York City area.[6]

In December 2007, the company acquired the customers of First National Technology Solutions.[7] The company also acquired 120,000 square feet of data center and office technology space in Silicon Valley.[8]

In April 2008, the company expanded into Florida.[9]

In 2010, the company acquired the former Qimonda semiconductor site in Richmond, Virginia and converted the property into a 1.3 million square foot mega data center. The MAREA and BRUSA subsea cable systems operated by Telxius terminate in this facility, forming the QTS Richmond Network Access Point.[10]

In 2011, the company acquired a data center in Lenexa, Kansas.[11]

In January 2013, the company acquired Herakles LLC and its 92,000 square-foot data center in San Francisco.[12]

In February 2013, the company acquired 40 acres in Irving, Texas for construction of a data center facility.[13]

In October 2013, the company became a public company via an initial public offering.[14]

In April 2014, the company acquired the former Chicago Sun-Times plant with plans to convert it into a data center.[15]

In June 2015, the company acquired Carpathia Hosting for $326 million.[16]

In June 2016, the company acquired a data center campus in New Jersey from DuPont Fabros Technology for $125 million.[17][18]

In January 2017, the company acquired a 260,000 square foot data center in Irving, Texas for $50 million.[19]

In May 2017, the company acquired a 3.4-acre parcel next to its Atlanta facility for $1 million.[20]

In April 2019, the company acquired 2 data centers in the Netherlands (Groningen and Eemshaven) for $44 million.[21]

In November 2019, the company announced the expansion of its Atlanta data center campus, which will include the development of a new data center totaling more than 250,000 square feet of leasable capacity.[22]

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References
  1. "QTS Realty Trust, Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. Anderson, Charlie (February 27, 2005). "CEO takes salvage job at old PVI site and finds whole new line of business". American City Business Journals.
  3. Anderson, Charlie (October 2, 2005). "$26M deal kick-starts Overland Park tech firm". American City Business Journals.
  4. Anderson, Charlie (October 15, 2006). "QualityTech bets $135M on data centers". American City Business Journals.
  5. "Quality Technology Services Completes Acquisition of Globix Hosting LLC" (Press release). Business Wire. November 9, 2006.
  6. "Quality Technology Services Purchases NTT Data USA LLC" (Press release). Business Wire. October 25, 2006.
  7. "Quality Technology Services Acquires New Customers" (Press release). Business Wire. December 12, 2007.
  8. "Quality Technology Services Expands in California Market" (Press release). Business Wire. December 14, 2007.
  9. "Quality Technology Services Expands into Florida Market" (Press release). Business Wire. April 8, 2008.
  10. https://www.datacenterknowledge.com/archives/2010/04/05/qts-plans-huge-virginia-data-center
  11. Klaus, Krista (June 17, 2011). "Quality Technology Services invests $20M in Lenexa site". American City Business Journals.
  12. Raletz, Alyson (January 3, 2013). "Quality Technology Services expands in Northern California". American City Business Journals.
  13. Carlisle, Candace (February 13, 2013). "Quality Technology Services buys 40 acres in Irving for data center". American City Business Journals.
  14. "QTS Realty Trust, Inc. Prices Initial Public Offering" (Press release). PR Newswire. October 9, 2013.
  15. Ori, Ryan (April 30, 2014). "Data center planned at former Sun-Times plant". Crain Communications.
  16. "QTS Realty Trust Announces Closing of Carpathia Hosting Acquisition" (Press release). PR Newswire. June 16, 2015.
  17. "QTS Acquires DuPont Fabros' 38-Acre New Jersey Data Center Campus" (Press release). PR Newswire. June 6, 2016.
  18. Davis, Mark (June 6, 2016). "Overland Park-based QTS Realty Trust buys New Jersey data center". The Kansas City Star.
  19. "QTS completes purchase of data center in Fort Worth". Fort Worth Business Press. January 31, 2017.
  20. Sams, Douglas (May 30, 2017). "QTS buys Westside property next to massive campus, eyes more expansion". American City Business Journals.
  21. "QTS Expands International Platform with the Strategic Acquisition of Two Data Centers in the Netherlands" (Press release). PR Newswire. April 30, 2019.
  22. "QTS Announces Expansion of Atlanta-Metro Mega Data Center Campus" (Press release). PR Newswire. November 4, 2019.
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