Cogent Communications to Sell 10 Data Centers to I Squared Capital
I Squared is acquiring the facilities for $225 million in cash.
I Squared is acquiring the facilities for $225 million in cash.
WASHINGTON, May 27, 2026 – Cogent Communications, a multinational Tier 1 Internet Service Provider based in Washington, D.C., has agreed to sell 10 data centers for $225 million in cash to I Squared Capital, a Miami-based global infrastructure investment firm with about $60 billion in assets.
The acquisition will help I Squared Capital create a new U.S. data center operating platform that focuses on high-density deployments, colocation and AI inference infrastructure, according to the press release.
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