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IBMAsset sale

Data center company to acquire former South San Jose IBM site

What happened

IBM has entered into an agreement to sell its former Almaden Research Center campus in South San Jose to data center firm Blackstart Digital.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Get San José Spotlight headlines delivered to your inbox. The former IBM Almaden Research Center in the rolling hills of Coyote Valley has a buyer. Blackstart Digital - a data center development and investment firm focused on sustainable redevelopment - has entered into an agreement to acquire the historic campus in South San Jose , according to land use consultant Erik Schoennauer, who represents IBM. The agreement is expected to close by the end of the year. In August, the San Jose City Council rezoned the property - which prompted concern from residents and environmental advocates about attracting more data centers to the region before uniform standards are in place. The property includes seven buildings containing more than 500,000 square feet within a 35-acre industrial park. A company spokesperson said Blackstart Digital doesn't intend to develop the surrounding 565 acres of open space, knowing how much the trails and hillsides mean to the community. "For decades, researchers on this hilltop did work that helped make Silicon Valley what it is today," the Blackstart Digital spokesperson told San José Spotlight. "Our first goal is simply to put this campus back to work in a way that honors its legacy." Marika Krause, spokesperson for the San Jose Planning Department, told San José Spotlight that Blackstart Digital asked the city in June to finish an environmental review...

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Extracted by Autobound

From the Signal API record
Event
Asset sale

What this signalsSelling part of the business often leads to a new focus and new budgets.

Location
San Jose, California, United States

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The full record

From the Signal API record

Details

Assets
research campus

Topics and mentions

Asset tags

  • research and development
  • it

Extraction

Confidence
95%
Detected
Oct 1, 2026
signal_type
news
signal_subtype
sells_assets_to

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a7475cbd-b3b3-1e57-9576-f7e34c50667d returns this record as JSON. POST /v1/companies/enrich returns every signal for ibm.com.

{
  "signal_id": "a7475cbd-b3b3-1e57-9576-f7e34c50667d",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-10-01T15:37:24+00:00",
  "company": {
    "name": "IBM",
    "domain": "ibm.com"
  },
  "data": {
    "url": "https://sanjosespotlight.com/data-center-company-to-acquire-former-south-san-jose-ibm-site/",
    "title": "Data center company to acquire former South San Jose IBM site - San José Spotlight",
    "assets": "research campus",
    "excerpt": "Get San José Spotlight headlines delivered to your inbox. The former IBM Almaden Research Center in the rolling hills of Coyote Valley has a buyer. Blackstart Digital - a data center development and investment firm focused on sustainable redevelopment - has entered into an agreement to acquire the historic campus in South San Jose , according to land use consultant Erik Schoennauer, who represents IBM. The agreement is expected to close by the end of the year. In August, the San Jose City Council rezoned the property - which prompted concern from residents and environmental advocates about attracting more data centers to the region before uniform standards are in place. The property includes seven buildings containing more than 500,000 square feet within a 35-acre industrial park. A company spokesperson said Blackstart Digital doesn’t intend to develop the surrounding 565 acres of open space, knowing how much the trails and hillsides mean to the community. “For decades, researchers on this hilltop did work that helped make Silicon Valley what it is today,” the Blackstart Digital spokesperson told San José Spotlight. “Our first goal is simply to put this campus back to work in a way that honors its legacy.” Marika Krause, spokesperson for the San Jose Planning Department, told San José Spotlight that Blackstart Digital asked the city in June to finish an environmental review to...",
    "summary": "IBM has entered into an agreement to sell its former Almaden Research Center campus in South San Jose to data center firm Blackstart Digital.",
    "location": "South San Jose, California, USA",
    "planning": true,
    "image_url": "https://sanjosespotlight.s3.us-east-2.amazonaws.com/wp-content/uploads/2026/08/26130355/View-of-IBM-lab-buildings-courtesy-of-Ronald-Horii-1200x630.jpg",
    "confidence": 0.95,
    "assets_tags": [
      "research_and_development",
      "it"
    ],
    "published_at": "2026-10-01T15:37:24Z",
    "location_data": [
      {
        "city": "San Jose",
        "state": "California",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Blackstart Digital - a data center development and investment firm focused on sustainable redevelopment - has entered into an agreement to acquire the historic campus in South San Jose , according to land use consultant Erik Schoennauer, who represents IBM."
  }
}

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