Latham, Vinson Rep Switch's $420M Data Center Co. Buy

Law360 (May 3, 2021, 2:00 PM EDT) -- Technology infrastructure company Switch plans to buy Austin-based data center company Data Foundry for $420 million in a deal guided by Latham & Watkins LLP and Vinson & Elkins LLP, as Switch moves to expand its footprint in Texas.

Switch, which is headquartered in Nevada, plans to finance the deal with a combination of cash, a $500 million revolving loan and debt securities. The deal is expected to close in the middle of the year and is subject to regulatory approvals.

Data centers are physical facilities that store servers for cloud computing and large-scale data processing. Data Foundry Inc. currently has...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!