CBRE Buys Onnec Group for One Billion Dollars to Control Data Center Lifecycle

According to Bisnow, CBRE is paying $610 million in cash plus performance-linked incentives to acquire London-based Onnec Group. This move allows the Dallas firm to handle the physical installation and maintenance of computing equipment across European and Asian markets.

According to Bisnow, CBRE is paying $610 million in cash plus performance-linked incentives to acquire London-based Onnec Group. This move allows the Dallas firm to handle the physical installation and maintenance of computing equipment across European and Asian markets.