Tech ecosystem development and job creation in Miami

Tech pioneer Manny Medina will lead a new multinational data center and cybersecurity company based in Miami.

Medina Capital, a Miami-based private equity firm led by Medina, and global private equity firm BC Partners are forming a new venture in a $2.8 billion transaction combining a worldwide network of data centers with cybersecurity and data analytics companies, the firms are expected to announce on Friday.

The new company will have more than 1,000 employees. It’s too early to say exactly how many jobs will be in South Florida, but it will be a strong presence, Medina said.

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