Data center colocation and interconnection provider Cologix has acquired COLO-D, a company adding 50MW of “hyperscale” data center capacity to Cologix’s existing Montreal footprint which now spans seven data centers throughout the region. Cologix will integrate COLO-D’s “hyperscale edge” campus in Montreal with its existing interconnection ecosystem and data center platform.
“The COLO-D acquisition is representative of our investment and commitment to offering tethered hyperscale data centers in order to meet and exceed the needs of the rapidly growing hyperscale edge and cloud connectivity markets,” said Bill Fathers, Chairman and CEO, Cologix. “COLO-D and Cologix combine the necessary physical infrastructure with the cloud and network onramps to a robust connectivity ecosystem that hyperscalers require. We welcome Patrick and the COLO-D team to the Cologix family and look forward to collectively growing our business in order to meet customer needs.”
Financial terms of the acquisition were not disclosed. Cologix will deploy over $500 million in data infrastructure investment throughout their Montreal footprint by the end of 2019 including a 12K SQF, N+1, 3MW expansion in their downtown MTL7 data center and an expansion of COLO-D’s D2 data center.
AWS, Azure, GCP, IBM Cloud
Collectively the companies now offer choice of 80+ networks and direct on-ramps to the leading hyperscale service providers in the world including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform and IBM Cloud.
“Montréal represents a fast growing and increasingly strategic market that has already attracted the biggest cloud platforms in the world, with an abundance of very low cost power derived from renewable energy sources,” said Patrick David, President and CEO of COLO-D. “Cologix has continually demonstrated an unmatched commitment to the needs of the region in terms of data center capacity, resources and infrastructure, and we’re pleased to now be part of their team. The combination with Cologix will further strengthen COLO-D’s market position and allows us to accelerate our growth in this market and beyond.”