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AUSTIN, TX-Data Foundry will invest $150 million to develop a 250,000-square-foot data center on 12 acres in the southeast quadrant of the city. The project is the first the company plans to build as part of a 40-acre data center campus.

The company, which provides wholesale and retail data center outsourcing, co-location and disaster recovery services, will compete with traditional data center owners in trying to attract corporate data center users, according to Shane Menking, president of Data Foundry.

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