Tagged With "Colony"
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DataBank Announces $185 Million Equity Investment from Colony Capital
Dallas, Texas – January 6, 2020 – DataBank , a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existing investors Edgewater Funds and Allstate. Allstate will retain 50% of its interests and continue as a DataBank investor, while Edgewater will fully exit from its position. Nuveen will also continue as an...
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After Colonial hack, DHS issues first cybersecurity regulation for pipelines
The Department of Homeland Security has issued the first cybersecurity regulation for the pipeline sector. The regulation , issued Thursday morning, is part of the Biden administration’s efforts to bolster security for national infrastructure after a company that operates the largest fuel pipeline in the country was hit with a ransomware attack earlier this month. Colonial Pipeline shut down all pipeline operations after it was hacked by a group believed to be Russian criminals, who locked...