AtlasEdge, a pan-European edge data center operator, has acquired twelve data centers from hyperscale data center provider Colt DCS – a company with data centers located in Europe and Asia. AtlasEdge now has over 100 data centers spread across eleven European nations, serving over 700 clients and connecting to more than 50 different on-net carriers.
As a consequence of the rapidly expanding consumption rate of cloud and content-based services, Colt DCS has concentrated on establishing and developing bigger hyperscale data center sites throughout both the Europe and APAC regions, anchored by clients inside significant population centers.
Colt DCS found twelve colocation locations that were better suitable for an operator like AtlasEdge, which is solely focused on building the emerging colocation industry across Europe, after conducting a thorough analysis of its portfolio.
The acquired data center portfolio includes facilities in key tier one and tier two markets across Europe, including Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Hamburg, London, Madrid, Milan, Paris and Zurich. Financial terms of this data center acquisition were not disclosed.
AtlasEdge’s pan-European data center portfolio would enable clients to build and customize their technology and network infrastructure to satisfy the rising need for reduced latency, greater performance, and localized solutions. With demand gravitating towards the edge of networks, AtlasEdge’s distributed and highly connected footprint would provide a unique solution, aligned with the next wave of growth in digital infrastructure.
“We are delighted to welcome these sites into our expanding portfolio. We are tapping into an exciting and emerging market where real time data traffic is growing and compute is gravitating to the edge of the network,” said Josh Joshi, Executive Chairman of AtlasEdge.
“As this demand builds, AtlasEdge is uniquely positioned to deliver seamless, localised and ultra-low latency digital infrastructure to our customers – from cloud providers to streaming services and enterprises. Our approach is open, carrier neutral and collaborative, and we look forward to working alongside Colt.”
This acquisition broadens AtlasEdge’s geographic reach while shortening time to market in a number of new markets. Part of the deal is the establishment of a partnership between AtlasEdge and Colt Data Centre Services, with Colt Technology Services becoming an anchor tenant across numerous locations. AtlasEdge’s clients may use this network-neutral colocation technique to optimize their network routes, save bandwidth costs, and take advantage of the large community of cloud, content, technology, and enterprise enterprises present in the facilities.
“Demand for data storage and cloud capabilities has never been higher, and so is the need for businesses to scale and find capacity,” said Niclas Sanfridsson, Chief Executive Officer (CEO) at Colt DCS. “By restructuring and focusing on our hyperscale facilities, we can meet our customers’ needs on demand with true scalability and efficiency, while meeting their sustainability targets. We are committed to ensuring a sustainable business model for the future and this latest deal will improve the returns on investment across our portfolio, which can then be reinvested into the business.”
Colt DCS has a number of data center locations in Europe, India, and Japan that will be constructed over the next few years, as part of its capacity plan and land banking strategy. As a result, the company’s portfolio would rapidly expand, with a planned total IT power capacity of more than 450MW.
The announcement follows the news of DigitalRealty making a strategic minority investment in AtlasEdge last month.