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Data Center View - May 5, 2025 - Hypertec Cloud acquires 5C Data Centers

Data Center View - May 5, 2025 - Hypertec Cloud acquires 5C Data Centers

Plans filled for 1.6 million SF campus. Cloud company acquires 300 acres in Nevada. Google pledges $75 billion for data centers. Goodman brings in new EVP. Phoenix among top 10 markets. Two new data center deals.

Matt H
May 05, 2025

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NEWS ROUNDUP

M&A: Hypertec Cloud acquires 5C Data Centers. Hypertec Cloud has acquired 5C Data Centers, forming a new entity—5C Group—focused on building AI-optimized data center infrastructure across the U.S. The deal, whose terms were not disclosed, includes a roadmap of 2GW capacity nationwide. As part of the acquisition, Hypertec Cloud has spun off from parent company Hypertec Group. Jonathon Ahdoot, formerly President of Hypertec Cloud, will serve as CEO of the new company. 5C Group will combine Hypertec’s AI cloud expertise with 5C’s data center assets, including a 200MW campus in Columbus, OH, and a 20MW site in Phoenix, AZ. The group aims to deliver high-density, efficient infrastructure tailored to AI demands within the next 6 to 18 months.

DEVELOPMENT: Plans filled for 1.6 million SF campus in Pennsylvania. A company operating under the name Archbald 25 Developer has submitted plans to develop a multi-building data center campus, dubbed Project Gravity, in Archbald, Pennsylvania. The proposed 186-acre site would host six two-story data centers and two on-site substations, totaling approximately 1.62 million SF of space. While the application references seven buildings, site sketches show six. The developer is tied to Western Hospitality Partners, previously linked to a similar project in Kentucky. Archbald sits about 30 miles from Wilkes-Barre, a limited data center market currently home to AWS and Loop Internet. Nearby, a separate 400-acre, 17.2 million SF AI data center campus—Wildcat Ridge—is also being proposed.

DEVELOPMENT: Cloud company acquires 300 acres in Nevada. A global cloud and AI company has acquired 300 acres in Fernley, Nevada, within the Victory Logistics District, for a potential hyperscale data center project. The seller, Mark IV Capital, announced the deal but did not disclose the buyer’s identity, describing them as a leader in enterprise software, cloud computing, and AI infrastructure. Mark IV CEO Evan Slavik called the deal a “major step” toward positioning Victory as a future data center destination. Plans for the site have not yet been disclosed.

DEVELOPMENT: Google pledges $75 billion for data centers. At Google Cloud Next 2025, Alphabet CEO Sundar Pichai announced plans to invest approximately $75 billion into data centers and server infrastructure, focusing on AI compute and cloud service enhancements.

PEOPLE MOVES: Goodman brings in new EVP. Goodman Group has named Kraig Knight as EVP of Data Centre Operations to oversee the global rollout of its data center capabilities. Based in the U.S., Knight brings over 30 years of experience, including senior roles at Amazon and Microsoft, where he most recently managed Microsoft’s central operations across the Americas, EMEA, and APAC. He will lead the design, development, and operations of Goodman’s global data center platform, aligned with the company’s 5GW power bank strategy. CEO Greg Goodman said Knight’s expertise will strengthen the Group’s critical infrastructure offering as it accelerates its expansion in the sector.

READ: Phoenix among top 10 data center markets.