DENVER & CARDIFF, Wales – (BUSINESS AREA) – 27 Jul 2020–
Vantage Data Center, a leading global provider of campus hyperscale data centers, announced today that it has closed the acquisition of Next Generation Data (NGD) from InfraVia along with two NGD founders. Cardiff marks Vantage’s sixth European market after the acquisition of Etix Everywhere and entered Berlin, Frankfurt, Milan, Warsaw and Zurich in February 2020.
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Next Generation Campus Data (Photo: Business Wire)
“The acceleration of digital transformation that continues to be at the forefront of our global economy stresses the need for fast reliable data center capacity to meet skyrocketing demand,” said Sureel Choksi, president and CEO, Vantage Data Center. “Vantage is excited to enter the UK market and is committed to growing worldwide in the location that is most important for our hyperscale and cloud customers.”
This acquisition gives Vantage customers access to the largest data center campus in Europe, located in the Capital Territory of Cardiff, South Wales. The total campus is 180MW, including existing 72MW facilities and 108MW expansion capacity. Joining Vantage Europe is the NGD team, including former CEO Justin Jenkins who will serve as chief operating officer of Vantage Europe and president of Vantage UK
“The growth of data centers in Europe is reaching unprecedented levels,” Jenkins said. “The NGD team and I are happy to join Vantage to serve customers not only in the UK, but throughout Europe. Together, we will accelerate our shared vision to become a leading global hyperscale data center provider. “
The NGD acquisition was funded with equity commitments from Digital Colony Partners and other investors at Vantage, as well as debt acquisition financing.
“As the world continues to combat this global pandemic and experience secular changes in enterprise cloud adoption, the rapid development of data centers is more important than ever to meet increasing customer demand. The acquisition of NGD by Vantage Europe is a significant example of providing hyperscale capacity to underserved markets, “said Marc Ganzi, CEO of Colony Capital, Inc. and Digital Colony. “We at Digital Colony are committed to supporting our portfolio companies to serve these ever-increasing needs.”
Agreement terms not disclosed.
About the Vantage Data Center
Vantage Data Center strengthens, cools, protects and connects hyperscalers technology, cloud providers and large world-famous companies. Developing and operating in six markets in North America and six markets in Europe, Vantage has developed data center designs in innovative ways to provide dramatic gains in reliability, efficiency and sustainability in a flexible environment that can develop as fast as the market demands.
For more information, visit www.vantage-dc.com.
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CONTACT: Mark Freeman
Vantage Data Center
+ 1-202-680-4243Robin Bectel
REQ for Vantage Data Center
+ 1-703-287-7827 Nigel Parker
Fulfill Communication for Vantage Data Centers
+44 (0) 7778 872 457
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SOURCE: Vantage Data Center
Copyright Business Wire 2020.
PUB: 07/27/2020 08:22 AM / DISC: 07/27/2020 08:22 AM
Copyright Business Wire 2020.